Minh Vo - minhvo@morris.umn.edu
Three different online stock market simulations were found online in addition to those mentioned in the project proposal:
http://www.smartstocks.com
- $1 million to start with
- group capabilities
- unlimited stock options
- *recommended*
http://www.simustock.com
- $50,000 to start with
- market order or limit order
- group capabilities
http://www.stockboulevard.com
- $50,000 to start with
- group capabilities
- limited stock option
Articles on the use of Stock Market Simulators for instruction:
MainXchange in the Classroom: The New Internet Stock Market Game. Teacher’s Guide and Student Activities
Abstract:
This teaching guide/student activities booklet, for grades 6-9 and 7-11, outlines an Internet-based stock exchange simulation that allows students to learn about the stock market in a fun format. The simulation (the "MainXchange") described in the booklet offers students the opportunity to engage in "real-life" investing, while exploring and learning about the industries, companies, and brands that interest them the most. It allows students to enjoy an exciting, interactive, and multifaceted program as they learn essential business, academic, and life skills. The educational goal of the MainXchange is for students to learn how to make informed business and investment decisions. The information students need to make such decisions is provided for them on-line; students can access many sources of information, including company capsule and financial reports, news releases, real world news (through a link with CNN Interactive), briefings, and links to companies' own Web sites. Sections in the booklet are: "What Is the MainXchange?"; "How the Teacher's Guide Is Organized"; "Time Frame"; "Skills Covered"; "Correlation of MainXchange Activities to National Education Objectives"; "Implementing the MainXchange in Your Classroom"; "Correlation of Activities to Academic Disciplines"; and "Answer Keys."
http://www.eric.ed.gov/ERICWebPortal/Home.portal?_...
Stock Market Savvy (by Susan Okula in Keying in, v. 14, n. 1, Sept. 2003)
Abstract:
This issue of Keying In, the newsletter of the National Business Education Association, focuses upon teaching young adults how to develop both investment strategies and an understanding of the stock market. The first article, "Sound Investing Know-How: A Must for Today's Young Adults," describes how young adults can plan for their own financial security by saving 10% of their gross salary and investing it in order to face these three long-term financial challenges: buying a home, funding their children's education, and saving for their own retirement. The second article, "Teaching Strategies: A Deliberate Walk Down Wall Street," describes ways to teach young adults about the stock market, including some of the following: (1) introduce basic concepts; (2) play simulation games; (3) bring in current events and topics; (4) do not feel obligated to familiarize students with every type of investment; (6) use outside resources; (7) find training; and (8) explain the difference between saving and investing. Other articles include "Investing for Life: The Importance of Diversification and Financial Discipline" and "Who Wants to Be a Millionaire?" Contains a list of terms and concepts recommended by teachers of investment and personal finance classes that students need to know and a list of 16 Web site resources
*Not available online. Can get through Inter-library loan. (article)
Learning from the Market: Integrating “The Stock Market Game” ™ across the Curriculum. (EconomicsAmerica)
Abstract:
This book is designed to help teachers connect "The Stock Market Game" (tm) and the school curriculum. Three key economic themes developed in the lessons include: (1) stock buyers engage in economizing behavior; (2) market economies encourage the production of wealth; and (3) market activity takes place in the context of a legal environment in which property is protected and people are protected against breach of contract, fraud, and coercion. The 24 lessons are divided into 5 units introducing the stock market, personal investing, how investing affects the economy, taking care of business, and how the economy affects investments. Lesson titles include: (1) "Why Study the Stock Market?"; (2) "What Is a Corporation?"; (3) "What Is a Stock? Or, Who Owns McDonald's?"; (4) "What Are Markets?"; (5) "Showtime on Wall Street"; (6) "How Are Stock Prices Determined?"; (7) "How to Read the Stock Tables"; (8) "How Do You Make or Lose Money in the Stock Market?"; (9) "Getting Fancy: The Bulls, the Bears, and the Pigs!"; (10) "Are Stock Markets Only for the Wealthy?"; (11) "Getting Rich is Child's Play--The News About Compound Interest"; (12) "All Savings Choices Involve Risk: Grandma's Gift"; (13) "Some Risks Are Greater than Others"; (14) "How to Choose a Stock"; (15) "Building a Stock Portfolio"; (16) "Playing Along with the Averages"; (17) "The Market-Go-Round"; (18) "I've Got the Workin' in the Chalk-Mark Factory, Increasing My Productivity Blues"; (19) "How Do Saving and Investing Affect Economic Growth?"; (20) "How Do Businesses Obtain Financing?"; (21) "How to Read an Annual Report"; (22) "Researching a Business"; (23) "Business Cycles and the Stock Market"; and (24) "How Do Domestic and International Events Influence the Buying and Selling of Stocks?" Lessons are classified for beginning, intermediate, and advanced level students.
*Not available online. Can get through Inter-library loan. (document ERIC # ED418016)
A Critical Review of “Learning from the Market: Integrating ‘The Stock Market Game’ across the Curriculum (by Mark H. Maier in Journal of Economic Education v. 33, n. 1, winter 2002, pp. 83-88)
Abstract:
Reviews "Learning from the Market: Integrating 'The Stock Market Game' across the Curriculum" guide for teachers in grades 4 to 12. Believes the guide suffers from errors of fact and omission. Suggests corrections and alternative activities that enable instructors to continue to use the material.
*Not available online. Can get through Inter-library loan. (article)
Using the Stock Market Game in the Social Studies Classroom (Allen C. Cox in Social Education v. 61, n. 6, Oct. 1997, pp. 347-350)
Abstract:
Describes an educational game designed to help students (fourth grade through adult) understand how financial markets work within the free enterprise system and how the basic economic principles impact the stock market. Discusses the paper and Internet versions of the game and provides some teaching guidelines.
*Not available online. Can get through Inter-library loan. (article)
