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lumen NextGen OER Courses: Waymaker
Microeconomics & Macroeconomics
March 2016
2
Lumen Learning: What we do
Focus: Improve student success using OER
1. Guide institutions in effective use of OER
•  Program design
2. Make adoption easy and powerful for faculty
•  Curation and learning design
•  Simple, clean tools
•  Integration with LMS
3. Measure and improve efficacy
•  Impact on student success
4. Sustain and support use
•  Content and technology updates
•  Sharing across the community
Facts	
  
•  formed	
  in	
  2012	
  
•  based	
  in	
  Portland,	
  OR	
  
•  60+	
  ins8tu8onal	
  clients	
  
•  $2.5	
  million	
  in	
  textbook	
  
savings	
  in	
  fall	
  2015	
  
Waymaker
Make it utterly simple for:
•  students to access great course materials
•  students to get feedback on their progress
•  faculty to identify struggling students and their
needs
•  faculty to support student learning
•  students and faculty to develop meaningful
relationships
4
Digital Course Materials
Free
Low Cost
High Cost
No personalization or
instrumentation
Highly personalized &
instrumented
Standard OER (e.g., OpenStax)
Lumen Waymaker
Lumen Candela
Traditional Textbooks
Publisher eTexts
Connect MyLab
SmartBook
5
Waymaker’s Research-based Interventions
Day 1 access; a fraction of the cost of traditional textbooks
Open Educational Resources (OER)1
3
2
Metacognition: coach students on where to focus; learn how to learn
Assessment as a learning activity; strong alignment to learning outcomes
Personalization
Mastery Learning
4
Nurturing the learning process; individualized outreach & intervention
Faculty-student Connection
Focus: Improve student success using OER
6
Microeconomics & Macroeconomics
OpenStax College Microeconomics
OpenStax College Macroeconomics
Primary Text
•  Contextualize: Why does this matter in the real world? Why should
I care?
•  Use of video for storytelling, further explain concepts
•  Simulations invite students to play around with and apply concepts
•  Mastery approach, encouraging student to establish foundational
concepts and then move to more advanced material (content flow,
assessments)
Enrich Textbook Content
7
Learning Outcomes
Microeconomics	
   Macroeconomics	
  
•  Introduc-on	
  to	
  Economics	
  &	
  Scarcity	
  
•  Supply	
  &	
  Demand	
  
•  Elas-city	
  
•  Government	
  Ac-on	
  
•  Surplus	
  
•  U-lity	
  
•  Produc-on	
  
•  Perfect	
  Compe--on	
  
•  Monopoly	
  
•  Monopolis-cally	
  Compe--ve	
  Industry	
  
•  Oligopoly	
  
•  Public	
  Goods	
  
•  Globaliza-on,	
  Trade	
  &	
  Finance	
  
•  Income	
  Distribu-on	
  
•  Introduc-on	
  to	
  Economics	
  &	
  Scarcity	
  
•  Supply	
  &	
  Demand	
  
•  Elas-city	
  
•  Government	
  Ac-on	
  
•  Surplus	
  
•  Macroeconomic	
  Measures:	
  GDP	
  &	
  
Unemployment	
  
•  Macroeconomic	
  Measures:	
  Infla-on	
  &	
  
Price	
  Indexes	
  
•  Macro	
  Workings	
  
•  Keynesian	
  &	
  Neoclassical	
  Economics	
  
•  Fiscal	
  Policy	
  
•  Monetary	
  Policy	
  
•  Policy	
  Applica-on	
  
•  Globaliza-on,	
  Trade	
  &	
  Finance	
  
8
Demonstration
Course Walkthrough
9
From: “Student”@UMUC
To: Microeconomics Instructor
… I appreciate all the times you went out of your way to email me tips to
do better the next week and even compliment me when I showed
improvement. No other teacher has done that for me and especially
since this is an online course and there is no in person interaction, it just
made me feel pretty good to know I had a teacher always looking out for
my best interest.
From: Microeconomics Instructor@UMUC
To: Lumen Learning
I wanted to share with you this student's perspective on how
cared for he felt in this course. He was contacted almost
solely through the Waymaker automatic messaging. I am
really impressed.
Actual Example:
Waymaker’s
Personal Impact
10
Affordable, Personalized Learning
Lumen course support fee:
$25 per student enrollment
•  Day one access for all students via LMS
•  Billed directly to institution after add/drop window
•  No paywall for students
•  No external textbook cost
•  Consider adding low-cost course materials fee in lieu of
expensive textbook or allocating student tech fee funds
11
How Lumen Delivers Waymaker
•  Integrates into any major LMS (via LTI)
•  Course content delivered via thin common cartridge export
•  Bring course content into LMS course shell
•  Instructor configures and customizes inside LMS course shell
12
What Waymaker Courses Provide
Content & Features
Instructor Resources
Student Orientation
Personalized Study Plan
Course Modules
Machine-Graded Assessments
Sample Performance Assessments
Sample Grading Rubrics
Waymaker Faculty Tools – Messaging, Alerts
User Support
LMS Integration
Faculty Training & Support
Day One Access for Students
Coming for Fall
Sample discussion forums
More sample assignments
Larger quiz banks
Edit/delete quiz questions
Student view of quiz results anytime
Instructor view of aggregate class
performance, trouble spots
Print-friendly PDF
Highlighting and annotation
13
Take a Closer Look at the Course
Request credentials for free access to a Waymaker demo course
for review purposes.
Type your name/email address into the webinar “chat” window,
along with course(s) you’d like to review.
OR: Mention this webinar and send a request to:
info@lumenlearning.com
14
Q&A
Questions? Discussion?
Thank you!
Julie Curtis
julie@lumenlearning.com

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Waymaker Microeconomics & Macroeconomics Course Walkthrough

  • 1. 1 lumen NextGen OER Courses: Waymaker Microeconomics & Macroeconomics March 2016
  • 2. 2 Lumen Learning: What we do Focus: Improve student success using OER 1. Guide institutions in effective use of OER •  Program design 2. Make adoption easy and powerful for faculty •  Curation and learning design •  Simple, clean tools •  Integration with LMS 3. Measure and improve efficacy •  Impact on student success 4. Sustain and support use •  Content and technology updates •  Sharing across the community Facts   •  formed  in  2012   •  based  in  Portland,  OR   •  60+  ins8tu8onal  clients   •  $2.5  million  in  textbook   savings  in  fall  2015  
  • 3. Waymaker Make it utterly simple for: •  students to access great course materials •  students to get feedback on their progress •  faculty to identify struggling students and their needs •  faculty to support student learning •  students and faculty to develop meaningful relationships
  • 4. 4 Digital Course Materials Free Low Cost High Cost No personalization or instrumentation Highly personalized & instrumented Standard OER (e.g., OpenStax) Lumen Waymaker Lumen Candela Traditional Textbooks Publisher eTexts Connect MyLab SmartBook
  • 5. 5 Waymaker’s Research-based Interventions Day 1 access; a fraction of the cost of traditional textbooks Open Educational Resources (OER)1 3 2 Metacognition: coach students on where to focus; learn how to learn Assessment as a learning activity; strong alignment to learning outcomes Personalization Mastery Learning 4 Nurturing the learning process; individualized outreach & intervention Faculty-student Connection Focus: Improve student success using OER
  • 6. 6 Microeconomics & Macroeconomics OpenStax College Microeconomics OpenStax College Macroeconomics Primary Text •  Contextualize: Why does this matter in the real world? Why should I care? •  Use of video for storytelling, further explain concepts •  Simulations invite students to play around with and apply concepts •  Mastery approach, encouraging student to establish foundational concepts and then move to more advanced material (content flow, assessments) Enrich Textbook Content
  • 7. 7 Learning Outcomes Microeconomics   Macroeconomics   •  Introduc-on  to  Economics  &  Scarcity   •  Supply  &  Demand   •  Elas-city   •  Government  Ac-on   •  Surplus   •  U-lity   •  Produc-on   •  Perfect  Compe--on   •  Monopoly   •  Monopolis-cally  Compe--ve  Industry   •  Oligopoly   •  Public  Goods   •  Globaliza-on,  Trade  &  Finance   •  Income  Distribu-on   •  Introduc-on  to  Economics  &  Scarcity   •  Supply  &  Demand   •  Elas-city   •  Government  Ac-on   •  Surplus   •  Macroeconomic  Measures:  GDP  &   Unemployment   •  Macroeconomic  Measures:  Infla-on  &   Price  Indexes   •  Macro  Workings   •  Keynesian  &  Neoclassical  Economics   •  Fiscal  Policy   •  Monetary  Policy   •  Policy  Applica-on   •  Globaliza-on,  Trade  &  Finance  
  • 9. 9 From: “Student”@UMUC To: Microeconomics Instructor … I appreciate all the times you went out of your way to email me tips to do better the next week and even compliment me when I showed improvement. No other teacher has done that for me and especially since this is an online course and there is no in person interaction, it just made me feel pretty good to know I had a teacher always looking out for my best interest. From: Microeconomics Instructor@UMUC To: Lumen Learning I wanted to share with you this student's perspective on how cared for he felt in this course. He was contacted almost solely through the Waymaker automatic messaging. I am really impressed. Actual Example: Waymaker’s Personal Impact
  • 10. 10 Affordable, Personalized Learning Lumen course support fee: $25 per student enrollment •  Day one access for all students via LMS •  Billed directly to institution after add/drop window •  No paywall for students •  No external textbook cost •  Consider adding low-cost course materials fee in lieu of expensive textbook or allocating student tech fee funds
  • 11. 11 How Lumen Delivers Waymaker •  Integrates into any major LMS (via LTI) •  Course content delivered via thin common cartridge export •  Bring course content into LMS course shell •  Instructor configures and customizes inside LMS course shell
  • 12. 12 What Waymaker Courses Provide Content & Features Instructor Resources Student Orientation Personalized Study Plan Course Modules Machine-Graded Assessments Sample Performance Assessments Sample Grading Rubrics Waymaker Faculty Tools – Messaging, Alerts User Support LMS Integration Faculty Training & Support Day One Access for Students Coming for Fall Sample discussion forums More sample assignments Larger quiz banks Edit/delete quiz questions Student view of quiz results anytime Instructor view of aggregate class performance, trouble spots Print-friendly PDF Highlighting and annotation
  • 13. 13 Take a Closer Look at the Course Request credentials for free access to a Waymaker demo course for review purposes. Type your name/email address into the webinar “chat” window, along with course(s) you’d like to review. OR: Mention this webinar and send a request to: info@lumenlearning.com
  • 14. 14 Q&A Questions? Discussion? Thank you! Julie Curtis julie@lumenlearning.com