Wednesday, May 19, 2010

Hungerford's Technology and Business lesson

This lesson entails students using software that allows students to manage the price of their products and observe the effect that changing the price of a product has on a consumer demand curve and, ultimately, the revenue, profits, net worth, and other aspects of their company. Along with this Mr. Hungerford also has the students create much of the information that a real corporation would have to disclose including stock holder reports, profit reports, and spreadsheets and graphs of product information. All of this supports students in expanding their record keeping ability and software use skills. I would assert that the strength of this lesson was the real world applicability that the software and instruction provides while still being relatively simple and user friendly with their graph and spreadsheet interface, in the same breath, I would comment that this is perhaps the weakness of the assignment as well. We all know how frustrated we got the first time we tried to do cell functions in excel with little to no success and alot of frustration, sadly, until computers can read minds, this is a big part of the learning curve of the information age.

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