Reflective Blog # 6

Answer the following questions about the Dream Car excel example
How did a spreadsheet project like this offer relative advantage in comparison with other ways of teaching students about money management? What might be some of the benefits of having students work in groups, rather than individually on this project?

By doing the Dream Car example showed how money works. It showed what loans are and how much they cost in the long run. You can also use a spreadsheet to manage money and keep a budget. In Excel the formulas are easy to do and the numbers are already part of the data. Also you can just click the cells and not retype the numbers so there is less room for error. Also the different examples are things that a student will have to do with when they grow up and have a job and they need to buy things. Some of the benefits of having students work in groups is they can communicate with each other about they knowledge. Also if a student does not know how to use excel they can help each other. Also with the different formulas some stuff is not in terms that we might understand so the students can help each other.