BALTIMORE — The Maryland Council on Economic Education, a nonprofit organization dedicated to improving economic and financial literacy in Maryland’s schools, recently announced the winning elementary, middle and high school teams of the fall 2017 Maryland Stock Market Game TM.
The SMG TM is an educational simulation game that teaches about investing, the stock market and the global economy. Taught using personal computers at school and supervised by a teacher trained by MCEE, SMG TM participants develop skills in mathematics, language arts, research and critical thinking, all while building and maintaining a stock portfolio.
The first-place state winners of the Fall 2017 Stock Market Game TM included first-place middle school, Easton Middle School, whose students were advised by Ken Popp.
Participants in grades four through 12 register with MCEE for a fall, spring or yearlong session, and are taught grade-level lessons on investing. Classes are divided into teams of three to six students and each team is given a virtual $100,000 to invest in common stocks.
Students research industries and the companies within those industries in order to make sound investments. The fall and spring games last 10 weeks each and the yearlong teams participate in both sessions. During this time, the team works together to manage their portfolio and create a successful investment management strategy.
“The Stock Market Game helps create a foundation for students to eventually become lifelong investors,” said Dr. Allen Cox, MCEE’s assistant director of financial education. “The simulation focuses on strategies for making wise investments to build a secure future, not just how to make money quickly. The skills learned by playing the game can impact the way a student views money and how they spend and save for the rest of their lives.”
For more than 60 years, the Maryland Council on Economic Education has worked to assure that Maryland’s young people leave school equipped with the economic and financial literacy knowledge and decision-making skills they will need to make informed, rational decisions as consumers, workers, citizens, savers, investors and participants in the global economy. MCEE is a 501(c)(3) nonprofit organization and affiliate of the national Council for Economic Education.
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