Examining Effectiveness on Using Board Game Monetary Policy Tool to Enhance University’s Students Understanding on Monetary Theory and Policy Subject

Abstract

Students of the twenty-first century requires digital tool and prefer game-based learning and teaching environment to enhance their understanding. Board game is one of the game-based learning method that can create a scenario-based environment, where students interact to apply previous knowledge and practical skills to real-world problems. However, there remains a gap in the literature on the application of simulation and board game such as the use of board game in Economics subject in university. Thus, the aim of this paper is to examine the effectiveness of application of board game use to enhance students understanding in Monetary Theory and Policy Subject, an Economics subject. Feedback of thirty university students in Malaysia public university that take this monetary theory and policy subject was obtained. This paper finds out that the use of a board game as a game-based learning tool can increase university’s students understanding of monetary theory and policy It is hoped that the findings could provide some insights to educators in employing Board game as formative assessments to enhance universities understanding on Monetary Theory and Policy Economics subject.