Using Extrinsic and Intrinsic Rewards to Motivate Student Achievement

Objectives

• To identify extrinsic and intrinsic rewards that motivate student achievement.
• To generate suggestions for how instructors can use extrinsic and intrinsic rewards to motivate student achievement.

Introduction

The purpose of this exercise is to explore the use of rewards in motivating student achievement. There are two types of rewards—extrinsic and intrinsic—that can be used to fuel student motivation. Extrinsic motivation drives people’s behavior when they do things in order to attain a specific outcome. Extrinsic motivation is the payoff a person receives from others for performing a particular task. For students, these rewards include things like grades, getting better jobs, verbal recognition from peers and professors, academic scholarships, and admittance to honorary societies and associations. In contrast, intrinsic motivation is driven by positive feelings associated with doing well on a task or job. Intrinsic rewards are self-granted; the payoff comes from pleasing yourself.

Instructions

1. Individually brainstorm a list of extrinsic and intrinsic rewards that are associated with academic achievement.
2. As a group create a master list of all unique ideas generated through brainstorming. As a group, identify the top five extrinsic and intrinsic rewards from the list. The group can use a voting procedure to arrive at consensus.
3. Generate specific recommendations for how any college instructor might build these top five extrinsic and intrinsic rewards into a classroom environment.

Questions for Discussion

1. What did you learn about the use of rewards from this exercise?
2. How can instructors improve student achievement through the application of extrinsic and intrinsic rewards?
3. Can instructors really motivate students?

1-4 Economic Theories and Models Are the following topics ones that would be covered in microeconomics or macroeconomics? Explain. The effects of an increase in the supply of lumber on the home-building industry Changes in the national unemployment rate Changes in the inflation rate Changes in the country’s economic growth rate The price of concert tickets?

Describe the decision rules for NPV and IRR. How do changes in the WACC affect the outcome of these decisions? (There are 4 parts to this question. 1-2 sentences each) NPV decision rule: Impact of changes in WACC on NPV rule: IRR decision rule: Impact of changes in WACC on IRR rule:

What physical changes occur in adolescence that mark the transition to a mature young adult?

How do physical changes that occur during this time impact an adolescnet’s psychological development?

What role do parents, teachers, mental health professional and medical professionals have in assisting throughout these changes?

A basketball player's average number of points per game (PPG) for each of his seasons is given in the table below. Find the sample standard deviation of the average points per game made per season by the basketball player. (Round your answer to one decimal place.) Incorrect: Your answer is incorrect. PPG Season PPG 1984-85 33.4 1985-86 27.2 1986-87 29.4 1987-88 26.9 1988-89 20.4 1989-90 23.7 1990-91 30.1 1991-92 32.8 Season PPG 1992-93 27.1 1994-95 24.9 1995-96 33.2 1996-97 26.8 1997-98 22.7 2001-02 37.9 2002-03 34.4

The following data give the percentages of random samples of United Kingdom citizens who were smokers, in a variety of years.

  Age (years)

Year 16–19 20–24 25–34 35–49 50–59 60+

1978 34 44 45 45 45 30

1988    28 37 36 36 33 23

1998 31 40 35 30 27 16

2000 29 35 35 29 27 16

2002 25 38 34 28 26 15

2007 20 31 27 22 21 12

(a) Test the hypothesis that the actual percentages of smokers do not depend on the year considered. (b) Test the hypothesis that there is no effect due to age group.

Hawaiian Tropic recently ended a marketing and promotion campaign for their new line of sun block products containing their patented sunsure technologies. Previous to the campaign 50% of those who use Hawaiian Tropic products used older sun block products. The company surveyed bathers on beaches from Maine to California and found that of a sample of 3,850 users of Hawaiian Tropic products, 2002 were using the new technology sun block products. At the 0.05 level of significance can we conclude that a greater percentage of individuals are using the newer sun block product?

a.     State the null and alternative hypotheses.   What is the decision rule?

b.     What is your decision concerning the null hypothesis? Compute and interpret the p-value. Interpret your decision.

APPLE STORE DIGITAL BUSINESS CASE

This case reveals the genesis of the Apple Stores, a revolutionary retail concept launched by Ron Johnson, Apple Computer's senior vice president of retail. In January 2002, Apple Computer was at the eve of one of the most stunning commercial successes ever known in consumer markets. The case details how the retail strategy emerged as a keystone of Apple's overall strategy to support the digital lifestyle of its customers. By analyzing the stores' most innovative elements will araise interesting issues in consumer behavior: the processes of consumer engagement, empowerment, and conversion to purchase. What benchmarck would you reccomned Ronh Jonshon use to evaluate the success Apple store? For instance: Store traffic (Store as a MUSEUM) 1 page please

6.4) 1. U.S. Internet advertising revenue grew at the rate of

R(t) = 0.82t + 1.14    (0 ≤ t ≤ 4)

billion dollars/year between 2002

(t = 0)

and 2006

(t = 4).

The advertising revenue in 2002 was $5.9 billion.†

(a)

Find an expression f(t) giving the advertising revenue in year t.

f(t) =

(b)

If the trend continued, what was the Internet advertising revenue in 2009? (Enter your answer in billions of dollars. Round your answer to two decimal places.)

$ billion

6.5 1.) The increase in carbon dioxide (CO₂) in the atmosphere is a major cause of global warming. Using data obtained by Charles David Keeling, professor at Scripps Institution of Oceanography, the average amount of CO₂ in the atmosphere from 1958 through 2010 is approximated by

A(t) = 0.012313t² + 0.7545t + 313.9    (1 ≤ t ≤ 53)

where A(t) is measured in parts per million volume (ppmv) and t in years, with t = 1 corresponding to 1958.† Find the average amount of CO₂ in the atmosphere from 1958 through 2010. (Round your answer to two decimal places.)

6.7.1) It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is

p =

dollars. Determine the consumers' surplus if the market price is set at $15/unit. (Round your answer to two decimal places.)
$

6.7.2) The manufacturer of a brand of mattresses will make x hundred units available in the market when the unit price is

p = 150 + 90e^0.04x

dollars.

(a) Find the number of mattresses the manufacturer will make available in the market place if the unit price is set at $400/mattress. (Round your answer to the nearest integer.)
mattresses

(b) Use the result of part (a) to find the producers' surplus if the unit price is set at $400/mattress. (Round your answer to the nearest dollar.)
$

1. Compute the short-term solvency ratios: current ratio, quick ratio

2. Compute the long-term solvency ratios: total-debt-to-total-invested-capital ratio, total-debt-to-total-equity ratio, equity multiplier.1. Compute the short-term solvency ratios: current ratio, quick ratio

3. Compute the turnover ratios: inventory turnover, days sales outstanding, total asset turnover

4. Compute the profitability measures: operating margin, profit margin, return on assets, return on equity

5. The stock price is $40 per share and there are 1000 shares outstanding, compute market value measures: P/E ratio, market/book ratio

6. Use the Du Pont Identity to compute the return on equity.

7. Suppose the firm decides to reduce its total debt ratio to 0.2 by selling new common stock and using the proceeds to repay principal on some outstanding long-term debt. How much equity financing will Coogan have to raise?