Taking the "Eeek" Out of Economics

SIFMA Foundation: The Stock Market Game

2011-08-30T08:13:00.002-04:00

SIFMA Foundation: The Stock Market Game from Vincent Young on Vimeo.
In this short introductory video, financial industry professionals and educators discuss the impact of The Stock Market Game program on financial literacy and academic performance in the classroom (and beyond).

Tragedy of the Bunnies (Commons)

2010-03-01T12:49:00.000-05:00

Clever game about the Tragedy of the Commons
http://www.bunnygame.org/index.htm

HT: Stephen Day

Another Indiana teacher rings the bell at the NYSE Euronext!

2008-08-07T16:25:00.006-04:00

Cindy Gowins (8th from the right) from McCutcheon High School was 1 of 16 teachers chosen to ring the opening bell at the NYSE on August 1, 2008. Cindy was one of five teachers from Indiana to receive the NYSE Teacher’s workshop travel award and the second teacher from Indiana to ring the bell this summer!

Video can be seen here.

Answers to your SMG FAQs

2008-08-06T14:09:00.003-04:00

School is ready to resume and SMG questions are beginning to roll in. Here are the answers to some of the most common questions we get.

What grades and subjects is the SMG suited for?
Teachers in grades 4-12 are the primary participants. The flexibility of the program allows you to use it with a variety of subjects, including Social Studies (Economics), Mathematics, Business, Family and Consumer Sciences, Technology, and Language Arts. It can be integrated into school clubs, lunch or rainy day programs, after school, and gifted student activities.Lessons are about a period in length, but can be adjusted to suit your classroom needs. At least one period a week is recommended.

How much classroom time does it take?
It takes 3 or 4 class periods to introduce your students to the SMG, which can be started before the game officially begins. Once it starts, students should have the opportunity to post trades once a week or more frequently. You have the flexibility of choosing how much or how little class time to devote to the program.

How much is the program fee?
The SMG program is offered to teachers in Indiana at no charge.

Does this meet Academic Standards?
The SMG program has been correlated to national and state standards for Economics, Mathematics, Business, English and Language Arts, Social Studies, Technology, and Family and Consumer Sciences. This commitment assures teachers that the SMG program provides a meaningful educational activity. The correlations can be helpful guidelines in using the SMG program to meet state or local standards in these areas. (See the Standards section in the Teacher Support Center for the most updated information. Information is also available from the SMG coordinators.)

How do I register for the program?
To begin the process of registering for accounts for your students, go to http://www.stockmarketgame.org/. Click on the How to Register tab in the upper-right corner of the page. On the next screen, choose United States from the drop down menu, and then on the next screen, choose Indiana.

1. Once you have selected a program, you will be logged into the Indiana page for the Stock Market Game. If you select the incorrect program, you can go back and select the correct one.

2. When you have reviewed the information and are ready to register, click on the Pre-register tab. On the next screen, you will choose your Registration Type. To register accounts for your classes, select “Teacher with Class(es): Teachers pre-registering one or more classes (4-12).” This will provide you a Teacher Used ID and student accounts. After your selection, click on Continue.

3. You will now be viewing the online teacher registration form for the Stock Market Game. Bolded text signals important instructions or fields that MUST be completed for your registration to be processed.

4. After you have completed the on-line teacher registration form, click Submit Pre-Registration. You will then be prompted to submit the number of teams you wish to register for each class. A team can be made up of 3-5 participants. If you do not know the number of teams you will need, please provide your best estimate. Unused teams can be removed at a later date. Once you have completed all the information on this page, click Submit and Continue to complete your registration.

User IDs and passwords will be e-mailed to you. Keep in mind; accounts require one business day to fully activate.

For more information, e-mail Indiana State Coordinator, Jeff Sanson (jjsanson@purdue.edu) or phone 800-790-6640. You may also visit www.econed-in.org/stockmarket.asp for workshop information or www.stockmarketgame.org/.

The Stock Market Game™ is presented in Indiana by the Indiana Council for Economic EducationMajor support provided by the Office of the Indiana Secretary of State, Securities Division .

Stock Market Game and NAEP plus Webinars!

2008-07-31T15:26:00.006-04:00

Some good news this summer on the impact of the Stock Market Game.

Students who participated in a stock market game scored significantly higher than those who did not on the National Assessment of Educational Progress (NAEP) economics test. (see The National Assessment of Educational Progress in
Economics: Findings for General Economics). NAEP's test data indicates students in a stock market game scored an average scale score of 159, a statistically significant nine points above the national average. In fact, stock market game students scored significantly above the national average in every results category (i.e., gender, race, Title I, and special needs).

Introduction to The Stock Market Game online workshops are being offered in August on the 20th and 26th. There will be 2 sessions on each day, one beginning at 3:30 and another at 4:30 PM(EST). Teachers in grades 4-12 interested in using the program this year will find these helpful to learn the basics of the program. Additional sessions will be added in September.

[Added 8/21/08] Additional on-line workshops (for new and veteran teachers) have been added. Check the workhop list on the ICEE Stock Market Game page.

Freakonomics examines financial literacy issues

2008-07-23T09:04:00.007-04:00

Stephen Dubner examines financial literacy question in the Freakonomics blog.

The National Council on Economic Education (NCEE) (ICEE is a state affiliate) gets a couple of mentions. The article supports the mission that ICEE has to provide training opportunities in economics and personal finance for K-12 teachers.

The ICEE network offers workshops throughout the year featuring many personal finance topics and classroom resources. Here is a summary of the programs.

Take a look at the summary and let us know what you would like to see offered in 2008-09?

Indiana Teacher Rings Closing Bell at NYSE Euronext

2008-07-02T15:39:00.011-04:00

Brent Biggs (3rd from the right) from Centerville Junior High School was 1 of 15 teachers chosen to ring the closing bell at the NYSE on June 23, 2008. Brent was one of five teachers from Indiana to receive the NYSE Teacher’s workshop travel award.

Here is the archived video of the event.

State Stock Market Game Winners Announced

2007-12-20T12:39:00.000-05:00

The state winners of the Indiana Stock Market Game are

Elementary Division
Carroll Elementary School, Flora
Final portfolio value: $102,313.67

Intermediate Division
Centerville Junior High School, Centerville
Final portfolio value: $107,207.42

High School Division
Logansport High School, Logansport
Final portfolio value: $112,947.64

See the rankings for each region at
http://www.econed-in.org/ranksmg.asp

Indiana Stock Market Game - No more fees for accounts!

2007-11-27T14:25:00.000-05:00

For more information visit the stock market game websites.

ICEE page

The Stock Market Game page

Get your students excited about learning! Using actual data from the stock markets, teams of students are given a hypothetical $100,000 to create and manage a portfolio of stocks and mutual funds. Before they know it, students are learning about financial markets such as the New York Stock Exchange, understanding the basics of personal investing and enhancing skills learned in math, reading, and technology.

The Stock Market Game has been used by teachers in grades four through twelve. The Stock Market Game is popular because it fits into many different disciplines and activities such as social studies, business education, and mathematics. Teachers can organize the simulation to fit their particular needs. The Stock Market Game can also be used as an extra-curricular activity

PNC Christmas Price Index lesson from the Stock Market Game

2007-11-27T12:13:00.000-05:00

This just was sent from the staff at the Stock Market Game...

For the past 23 years, PNC Wealth Management has calculated the Christmas Price Index. Begun as a creative way to engage clients, the PNC Christmas Price Index has grown into one of PNC's most anticipated and popular economic reports.

Among those anticipating the release of this year's PNC Christmas Price Index are teachers in The Stock Market Game. To help them get the most from the Christmas Price Index, a project has been developed to support their teaching about saving and investing through The Stock Market Game.

The PNC Christmas Price Index project is available in the Projects section of the Teacher Support Center. Currently, there is only a high school version available. To access it,

Click Projects in the In the Classroom section.
Select "Overarching Projects" as your Unit.
Then select "High School" as your grade.
Select either Business, Economics, English Language Arts, Family Consumer Science, or Mathematics as your subject.
Select any level as the Mastery Level.

For the most current PNC Christmas Price Index information, visit:
http://www.pncchristmaspriceindex.com/