Exploring Business and Marketing
Strand 7 Standard 1
Students will be able to define and explain basic stock market terminology, understand what stock is as it pertains to ownership in public corporations, be able to read stock quotes on the Internet and/or newspaper, and simulate the buying and selling of stock.
Stock Market simulations here in Utah are an excellent way for students to participate and experience what is like to trade in the stock market.
Stock Market Game
The Utah Council on Economic Education, the Security and Exchange Division work together to provide a stock market simulation in a competitive environment. To register and study more about this game go to http://www.smgww.org. The neat part of this program is there are many teacher resources which you can access without even playing the game. The main homepage has frequently asked questions and links to all the resources you need to get involved in the game. Cost is 12 dollars per team of students playing the game. Teachers can play on their own for free, and can attend an excellent training for Free (as well as paid lodging, food, and substitute) before the game begins. At this training you receive even more resources to help in your teaching.
Running your Own Simulation
Another way to do a stock market simulation is simply to do it yourself.