MyLab Economics Tour Video Transcript

This is a transcript of the video on the Educator Features page and Student Features page.

Hi. I’m here to talk to you about some of the exciting features you'll find in MyLab Economics.

Designed specifically for economics students and Instructors, MyLab Economics uses adaptive learning technologies that provide a personalized study experience for students, while supporting instructors with valuable data about the strengths and weaknesses of each student.

Leading off, instructors find it challenging to help students to understand economics through application of concepts in an engaging format. But with Digital Interactives, students begin to understand concepts through a scenario and apply what they’ve learned. The instructor can also use it as a presentation tool for lecture, making it more interactive and engaging.

Sometimes instructors want more than one method to help their students understand economics. So with the Experiments feature, instructors have a fun and engaging way to promote active learning and mastery of important economic concepts. They can assign these with the benefit of automatic grading and feedback to the student.

Instructors will not have to seek out relevant news articles or questions to pose students. They can assign these articles to make sure students understand how to analyze & synthesize the information. Students will see the relevance of course topics and learn how to better understand the economic impact of current events.

From there, instructors struggle to use current data in macroeconomics. Though, with Real Time Data Exercises, instructors and students have access to up-to-the-minute, real-time macroeconomic data. These exercises communicate directly with the Federal Reserve Bank of St. Louis’s FRED site, so every time FRED posts new data, students see new data. As a result, Real-Time Data Analysis exercises offer a no-fuss solution for instructors who want to make the most recent data a central part of their macro course.

Finally, getting students to read the text and come prepared for lecture can be quite a challenge. When they do the reading, they sometimes fail to understand how to apply the concepts. But with Enhanced Text, students are engaged in learning on their own time, and achieve greater conceptual understanding of course material. They can check their understanding of material by working the questions within the chapter, with results feeding the study plan.

And there you have it. That was just a quick look at just a handful of the valuable features you'll find in MyLab Economics. If you want to learn more about MyLab Economics, go to MyLab Economics.com. And if you want to find out about all of Pearson's MyLab and Mastering products, be sure to check out Pearsonmylabandmastering.com.Thanks for watching.

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