IDEAS home Printed from https://ideas.repec.org/a/pal/easeco/v49y2023i3d10.1057_s41302-023-00242-5.html
   My bibliography  Save this article

Telling My Story: Applying Storytelling to Complex Economic Data

Author

Listed:
  • Karla Borja

    (The University of Tampa)

  • Suzanne Dieringer

    (The University of Tampa)

Abstract

Our experience with business and economic students indicates limited understanding and confidence when working with macroeconomic data such as unemployment rate, labor force participation rate, business cycles, and price indexes. To close this gap, the authors have developed and evaluated a college classroom experiential activity defined as the Storytelling Project (SP) conducted in nine principles of economics courses in a mid-size private university over a period of two years during the COVID-19 pandemic. In the SP, students wrote personal stories that assisted them in connecting with their audience and then visually presented complex economic data. A workbook supplemented the SP with learning objectives, tasks, multiple examples of data analysis, storytelling techniques, and videos. Participants completed a self-efficacy and attitude survey of perceived cognition, confidence, and motivation and took an assessment to evaluate cognitive competencies. The survey and assessment results were compared against students who did not complete the SP. Our results indicate that the SP and the workbook are effective experiential learning activities that improve data analysis and communication skills among college students. Students show more confidence and motivation in macroeconomics and data analysis at the end of the semester. Knowledge or cognitive competency is ranked higher among those completing the SP.

Suggested Citation

  • Karla Borja & Suzanne Dieringer, 2023. "Telling My Story: Applying Storytelling to Complex Economic Data," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 328-348, June.
  • Handle: RePEc:pal:easeco:v:49:y:2023:i:3:d:10.1057_s41302-023-00242-5
    DOI: 10.1057/s41302-023-00242-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41302-023-00242-5
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1057/s41302-023-00242-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Steven Yamarik, 2007. "Does Cooperative Learning Improve Student Learning Outcomes?," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(3), pages 259-277, July.
    2. Salemi, Michael K & Saunders, Phillip & Walstad, William B, 1996. "Teacher Training Programs in Economics: Past, Present, and Future," American Economic Review, American Economic Association, vol. 86(2), pages 460-464, May.
    3. Gulley, O. David & Jackson, Aaron L., 2016. "A case study on using instructor-recorded videos in an upper level economics course," International Review of Economics Education, Elsevier, vol. 23(C), pages 28-33.
    4. James Staveley-O'Carroll, 2018. "Integrating graphing assignments into a money and banking course using FRED," The Journal of Economic Education, Taylor & Francis Journals, vol. 49(1), pages 72-90, January.
    5. W. Lee Hansen & Michael K. Salemi & John J. Siegfried, 2002. "Use It or Lose It: Teaching Literacy in the Economics Principles Course," American Economic Review, American Economic Association, vol. 92(2), pages 463-472, May.
    6. David Colander, 2005. "What Economists Teach and What Economists Do," The Journal of Economic Education, Taylor & Francis Journals, vol. 36(3), pages 249-260, July.
    7. Wolfe, Marketa Halova, 2020. "Integrating data analysis into an introductory macroeconomics course," International Review of Economics Education, Elsevier, vol. 33(C).
    8. repec:eee:ireced:v:30:y:2019:i:c:p:- is not listed on IDEAS
    9. Diego Mendez-Carbajo, 2020. "Active learning with FRED data," The Journal of Economic Education, Taylor & Francis Journals, vol. 51(1), pages 87-94, January.
    10. Wuthisatian, Rattaphon & Thanetsunthorn, Namporn, 2019. "Teaching macroeconomics with data: Materials for enhancing students’ quantitative skills," International Review of Economics Education, Elsevier, vol. 30(C), pages 1-1.
    11. Desmond Adair & Martin Jaeger & Owen M. Price, 2018. "Promoting Active Learning when Teaching Introductory Statistics and Probability Using a Portfolio Curriculum Approach," International Journal of Higher Education, Sciedu Press, vol. 7(2), pages 175-175, April.
    12. Joseph Santos & Angeline M. Lavin, 2004. "Do as I Do, Not as I Say: Assessing Outcomes When Students Think Like Economists," The Journal of Economic Education, Taylor & Francis Journals, vol. 35(2), pages 148-161, April.
    13. Sam Allgood & William B. Walstad, 1999. "What Do College Seniors Know about Economics?," American Economic Review, American Economic Association, vol. 89(2), pages 350-354, May.
    14. O. Homer Erekson & Prosper Raynold & Michael K. Salemi, 1996. "Pedagogical Issues in Teaching Macroeconomics," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(2), pages 100-107, April.
    15. Kim Hawtrey, 2007. "Using Experiential Learning Techniques," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(2), pages 143-152, April.
    16. Jones, Michael D. & Baltzersen, Max, 2017. "Using twitter for economics business case discussions in large lectures," International Review of Economics Education, Elsevier, vol. 26(C), pages 14-18.
    17. Clifford Nowell & Richard M. Alston, 2007. "I Thought I Got an A! Overconfidence Across the Economics Curriculum," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(2), pages 131-142, April.
    18. Nicholas Flores & Scott J. Savage, 2007. "Student Demand for Streaming Lecture Video: Emprical Evidence from Undergraduate Economics Classes," International Review of Economic Education, Economics Network, University of Bristol, vol. 6(2), pages 57-78.
    19. Cohn, Elchanan & Cohn, Sharon, 1994. "Graphs and Learning in Principles of Economics," American Economic Review, American Economic Association, vol. 84(2), pages 197-200, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mendez-Carbajo, Diego & Dellachiesa, Alejandro, 2023. "Choice of data visualization tool: FRED or spreadsheets?," International Review of Economics Education, Elsevier, vol. 44(C).
    2. repec:eee:ireced:v:30:y:2019:i:c:p:- is not listed on IDEAS
    3. Sara Gundersen & Allison Shwachman Kaminaga, 2022. "Presentations To The President: A Role-Play Assignment For A Macroeconomics Principles Class," Journal of Economics Teaching, Journal of Economics Teaching, vol. 7(3), pages 185-199, October.
    4. Robin Bartlett & Marianne Ferber & Carole Green, 2009. "The Committee on Economic Education: Its Effect on the Introductory Course and Women in Economics," Forum for Social Economics, Taylor & Francis Journals, vol. 38(2-3), pages 153-172, January.
    5. Paul Dalziel, 2011. "Schumpeter's 'Vision' and the Teaching of Principles of Economics to Resource Students," International Review of Economic Education, Economics Network, University of Bristol, vol. 10(2), pages 63-74.
    6. Wolfe, Marketa Halova, 2020. "Integrating data analysis into an introductory macroeconomics course," International Review of Economics Education, Elsevier, vol. 33(C).
    7. Dubas, Justin M. & Toledo, Santiago A., 2016. "Taking higher order thinking seriously: Using Marzano’s taxonomy in the economics classroom," International Review of Economics Education, Elsevier, vol. 21(C), pages 12-20.
    8. Michael K. Salemi, 2003. "A Model Teacher-Education Program for Economics," American Economic Review, American Economic Association, vol. 93(2), pages 455-459, May.
    9. Robert F. Garnett & Jack Reardon, 2011. "Pluralism in Economics Education," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 23, Edward Elgar Publishing.
    10. Martinez, Gabriel X., 2023. "Studying like a nerd: Spacing, self-testing, and explanatory questioning in principles of microeconomics," International Review of Economics Education, Elsevier, vol. 44(C).
    11. repec:eee:ireced:v:31:y:2019:i:c:p:- is not listed on IDEAS
    12. Edward M. McNertney & Robert F. Garnett, Jr., 2006. "Using a Simple Simulation Model to Help Students 'Think Like Economists' in Intermediate Macroeconomics," Computers in Higher Education Economics Review, Economics Network, University of Bristol, vol. 18(1), pages 34-39.
    13. Gebhard Kirchgässner, 2011. "Kaderschmieden der Wirtschaft und/oder Universitäten? Der Auftrag der Wirtschaftsuniversitäten und –fakultäten im 21. Jahrhundert," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 12(3), pages 317-337, August.
    14. KimMarie McGoldrick & Robert Garnett, 2013. "Big Think: A Model for Critical Inquiry in Economics Courses," The Journal of Economic Education, Taylor & Francis Journals, vol. 44(4), pages 389-398, October.
    15. Robert Garnett & John Reardon, 2011. "Big Think: A Model for Critical Inquiry in Economics Courses," Working Papers 201102, Texas Christian University, Department of Economics.
    16. Diego Mendez-Carbajo, 2023. "Using Federal Reserve Economic Data® Data to Address Diversity and Inclusion in the Classroom," The American Economist, Sage Publications, vol. 68(1), pages 126-139, March.
    17. W. Lee Hansen & Michael K. Salemi & John J. Siegfried, 2002. "Use It or Lose It: Teaching Literacy in the Economics Principles Course," American Economic Review, American Economic Association, vol. 92(2), pages 463-472, May.
    18. Peter Mikek, 2023. "A Flipped Classroom Experiment in Growth Theory," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 433-456, June.
    19. Geoffrey Schneider, 2011. "The Purpose, Structure and Content of the Principles of Economics Course," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 27, Edward Elgar Publishing.
    20. Robin Bartlett & Marianne Ferber & Carole Green, 2009. "The Committee on Economic Education: Its Effect on the Introductory Course and Women in Economics," Forum for Social Economics, Springer;The Association for Social Economics, vol. 38(2), pages 153-172, July.
    21. John J. Siegfried & Michael K. Salemi, 1999. "The State of Economic Education," American Economic Review, American Economic Association, vol. 89(2), pages 355-361, May.
    22. Lin, Chien-An & Bates, Timothy C., 2022. "Smart people know how the economy works: Cognitive ability, economic knowledge and financial literacy," Intelligence, Elsevier, vol. 93(C).

    More about this item

    Keywords

    Experiential learning; Storytelling; Macroeconomic data analysis; Communication skills; Pedagogical tools;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:easeco:v:49:y:2023:i:3:d:10.1057_s41302-023-00242-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.