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Is assessing learning outcomes a trade-off in experiential learning? Integrating field visit with managerial economics course

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  • Rajasulochana, Subramania Raju
  • Senthil Ganesh, S.

Abstract

We investigated the effectiveness of field visit as an experiential learning method by assessing course learning outcomes among postgraduate management students in managerial economics course. The study documents the planning and organisation of the field visit to an industry within the framework of Kolb’s (1984) Experiential Learning Method as well as the assessment of learning from an industrial field visit against the specified course learning outcomes. While the perception survey showed that majority of the students valued learning from the field visit, we found huge variations in students’ performance in final exam in terms of course learning outcomes. Assurance of learning analysis in the context of cognitive domain of Bloom’s taxonomy showed that industrial field visit is more suitable for evaluating lower order learning in terms of knowledge and comprehension. We discuss the results in detail towards integrating experiential learning through field visits and future implementation of field visits in managerial economics course for better learning outcomes.

Suggested Citation

  • Rajasulochana, Subramania Raju & Senthil Ganesh, S., 2019. "Is assessing learning outcomes a trade-off in experiential learning? Integrating field visit with managerial economics course," International Review of Economics Education, Elsevier, vol. 32(C), pages 1-1.
    • Handle: RePEc:eee:ireced:v:32:y:2019:i:c:3
    DOI: 10.1016/j.iree.2019.100169
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    References listed on IDEAS

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    1. Kim Hawtrey, 2007. "Using Experiential Learning Techniques," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(2), pages 143-152, April.
    2. Dellaportas, Steven & Hassall, Trevor, 2013. "Experiential learning in accounting education: A prison visit," The British Accounting Review, Elsevier, vol. 45(1), pages 24-36.
    3. Chmielewski-Raimondo, Danielle A. & McKeown, Warren & Brooks, Albie, 2016. "The field as our classroom: Applications in a business-related setting," Journal of Accounting Education, Elsevier, vol. 34(C), pages 41-58.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

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    2. Aravind Reghunathan & Sridhar G, 2023. "Enjoy Your Favourite Book as a Movie: Using an Experiential Learning Exercise to Improve Student Understanding of Brand Extensions and Marketing Plan Preparation," IIM Kozhikode Society & Management Review, , vol. 12(1), pages 112-126, January.

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    More about this item

    Keywords

    Field visit; Experimential learning; Individual assessment; Course learning outcomes; Bloom’s taxonomy;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • A29 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Other

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