Applied Economics Education & Extension

an AAEA Journal

Agricultural and Applied Economics Association

Teaching and Educational Methods

Futures & Options Book Club: An Innovative Way to Bring Class Material to Life

Maria A. Boerngen(a) and Scott H. Irwin(b)
(a)Illinois State University, (b)University of Illinois at Urbana-Champaign

JEL Codes:
Keywords: active learning, book club, class discussion, futures markets, trade book

First Published Online: March 25, 2026

View Full Article (PDF)

Abstract

Motivating students to read textbooks or assigned readings is a widely acknowledged challenge for college instructors. Trade books written for a popular audience represent a potential resource for addressing this problem. This paper describes the adoption of a trade book in an upper-level agribusiness course. Utilizing a “book club” structure that included pre-class discussion preparation, in-class discussion days, and individual post-discussion reflections throughout the semester, this activity culminated in a class visit from the book’s primary author. We present student feedback, which indicated that students perceived the book club to be a valuable learning experience. This approach offers instructors a road map for increasing student reading and engagement with relevant literature and with their peers and is easily adaptable to a variety of classroom settings.

About the Authors: Maria A. Boerngen (corresponding author; maboern@ilstu.edu) is a Professor of Agribusiness. Department of Agriculture, Illinois State University. Scott H. Irwin is a Professor and Laurence J. Norton Chair of Agricultural Marketing, Department of Agricultural & Consumer Economics, University of Illinois at Urbana-Champaign.

Acknowledgments: This study was reviewed and approved by the Illinois State University Institutional Review Board (IRB-2024-341).

Copyright is governed under Creative Commons CC BY-NC-SA

References

Billson, J.M. 1986. “The College Classroom as a Small Group: Some Implications for Teaching and Learning.” Teaching Sociology 14(3):143–151. https://doi.org/10.2307/1318467

Burchfield, C.M., and J. Sappington. 2000. “Compliance with Required Reading Assignments.” Teaching of Psychology 27(1):58–60.

CME Group.  n.d. Available online: https://www.cmegroup.com/

Daniels, H. 2002. Literature Circles: Voice and Choice in Book Clubs and Reading Groups. Stenhouse.

DeSutter, T.M., and K.L. DeSutter. 2017. “A Unique Approach to Teaching Co-Listed Science Courses: ‘Forty Chances’ for Improved Graduate Student Education.” Natural Sciences Education 46:170019. https://doi.org/10.4195/nse2017.08.0019

Frederick, P. 1981. “The Dreaded Discussion: Ten Ways to Start.” Improving College and University Teaching 29(3):109–114. https://doi.org/10.1080/00193089.1981.10533690

———. 1994. “Classroom Discussion.” In K.W. Prichard and R. M. Sawyer, eds. Handbook of College Teaching. Greenwood, pp. 99–111.

Hollander, J.A. 2002. “Learning to Discuss: Strategies for Improving the Quality of Class Discussion.” Teaching Sociology 30(3):317–327. https://doi.org/10.2307/3211480

Irwin, S., and D. Peterson.  2023.  Back to the Futures: Crashing Dirt Bikes, Chasing Cows, and Unraveling the Mystery of Commodity Futures Markets. Ceres.

Juban, R.L., and T.B. Lopez. 2013. “An Exploration of Textbook Reading Behaviors.” Journal of Education for Business 88(6):325–331. https://doi.org/10.1080/08832323.2012.721023

National Assessment of Educational Progress. 2025. “NAEP Report Card: Grade 12 Reading.” Available online: https://www.nationsreportcard.gov/reports/reading/2024/g12/

National Literacy Institute. 2025. “Literacy Statistics 2024-2025 (Where We Are Now).” Retrieved from https://www.thenationalliteracyinstitute.com/2024-2025-literacy-statistics

Rocca, K.A. 2010. “Student Participation in the College Classroom: An Extended Multidisciplinary Literature Review.” Communication Education 59(2):185–213. https://doi.org/10.1080/03634520903505936

Ryan, T. 2006. “Motivating Novice Students to Read Their Textbooks.” Journal of Instructional Psychology 33(2):135–140.

Smith, D. 1977. “College Classroom Interactions and Critical Thinking.” Journal of Educational Psychology 69:180–190. https://doi.org/10.1037/0022-0663.69.2.180

Sylvan, L.J. 2018. “Bringing Book Club to Class: Engaging College Students in Reading Content-Specific Books Written for Popular Audiences.” College Teaching 66(4):225-234. https://doi.org/10.1080/87567555.2018.1518892

Thomas, D.M., and J.K. Kim. 2019. “Impact of Literature Circles in the Developmental College Classroom.” Journal of College Reading and Learning 29(20):89–114. https://doi.org/10.1080/10790195.2019.1582371

Turk, J.K. 2023. “Literature Circles Promote Accountability and Student Engagement with Assigned Reading in a Soil Science Class.” Natural Sciences Education 52:320103. https://doi.org/10.1002/nse2.20103

US Bureau of Labor Statistics. 2025. “Consumer Price Index for All Urban Consumers” [“College Textbooks in U.S. City Average, All Urban Consumers, Not Seasonally Adjusted”]. Available online: http://data.bls.gov/dataViewer/view/timeseries/CUUR0000SSEA011