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Bob Allnutt |
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Modeling Your Future |
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Author(s):
Bob Allnutt, J. Harvester, & J. Miller |
Subject:
Cross-Curricular |
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From CC-STADUS. A STELLA Model for use in the classroom; explores education-income dynamics.
Complex Systems Connection: Short/Long Term Conflicts. Managing money, in personal finances or in running a business, often involves setting both short-term and long-term goals. Sometimes goals are in conflict between these timeframes, such as spending now versus saving/investing for future financial well-being. This also applies to choosing to spend time on education early in life for the opportunity to earn a higher income later. This simulation helps students explore the long-range implications of choices they make now. |
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