Development of A Non-Formal Education Program Using Metacognition Concept to Enhance the Systems Thinking Ability for Stock Investors in Thailand

Abstract

          The purpose of this study is to develop a non-formal education program with metacognitive concepts to enhance system thinking competency among stock investors in Thailand. A problem and need analysis, a learning design, and learning-based trials and evaluations form the first two steps of the four-step program development procedure. Also, examine the program's characteristics and conditions by conducting a study with a group of seven rookie stock investors. According to the findings of the study, the problematic condition indicated that stock investors were capable of systematic thought at the level of comprehension and investment analysis but were incapable of making connections and forming thought patterns. The researcher employs metacognition alongside self-directed learning, which consists of ten learning plans, during the learning design process. According to the findings of the learning design experiment, investors could think more broadly across all disciplines. Learners, instructors, activities, course material, and duration constituted the success criteria. Regarding the program's application requirements, students must be committed and devoted. When it comes to teaching, one must be able to comprehend their students quickly and readily. Considering time, it is essential to be adaptable and provide sufficient time for students. Considering the program's application requirements, students must be committed and persistent. To be a good educator, one must be able to quickly absorb and transfer knowledge to students. Students should be given as much time flexibility as possible. Diverse and easily available sources of knowledge and educational materials should be provided. Assessing and measuring conditions A 360-degree evaluation is necessary.