Title: Using complementary teaching and assessment methods in promoting active learning of econometrics in a graduate class: an experiment

Authors: Meshach Jesse Aziakpono

Addresses: University of Stellenbosch Business School, Carl Cronje Drive, Bellville Park, Cape Town, South Africa

Abstract: This paper documents an experiment of using complementary teaching and assessment methods in promoting active learning among students in applying econometric techniques to real world problems in a postgraduate econometrics course at a South African university in two academic years. The assessment and teaching methods were aimed at promoting students' active involvement in their learning process. The assessment methods involve self assessment, peer assessment, and the lecturer assessment in group assignments and presentations. Evaluation of the assessment and teaching methods provided by peers and students robustly reveals that students greatly benefited from the process and helped in achieving the objective of the course.

Keywords: financial econometrics; teaching methods; assessment methods; active learning; econometrics education; graduate education; South Africa; higher education; student assessment; self assessment; peer assessment; lecturer assessment; group assignments; presentations.

DOI: 10.1504/IJEED.2015.068357

International Journal of Education Economics and Development, 2015 Vol.6 No.1, pp.20 - 37

Received: 30 Oct 2014
Accepted: 09 Nov 2014
Published online: 31 Mar 2015 *

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