I’ve decided to use an exercise that I witnessed at the NEGMA conference on innovation — the rocket pitch. At the conference, competitors for venture capital had three minutes each to sell their ideas to the audience, who voted for their favorites using play Monopoly money.

I’m going to try this in my comparative politics course. Students have already given three group presentations in class. They’ve gone fairly well but sometimes their content has been fairly similar and I can sense students losing interest. For the remaining three presentations required of each group, there will be an element of competition. On days that presentations are scheduled, each student will be given a $10, a $20, and a $50 bill. Each group will have four minutes to present, with three minutes to respond to questions. After all groups have presented, I will call members of each group to the front of the room to individually vote on their favorites using the money (I’m thinking of simply laying down sheets of paper on a table, labeled “Group 1,” “Group 2,” etc., so students can see money piling up.)

I’ve informed students that they can distribute the money however they want, except that voting for their own group is prohibited. Members of the group that receives the largest sum of money will have two points added to their final average.

For those who are interested, this webpage has links to free print-your-own money.