Hudson teams place in Wisconsin Stock Market SimulationEighth-grade students from Dustin Miller’s Economics and Stock Market class at Hudson Middle School have won first, third, and seventh place in the Middle School Division of the Wisconsin Stock Market Simulation (SMS) 10-week state competition for the fall 2011 semester.
Eighth-grade students from Dustin Miller’s Economics and Stock Market class at Hudson Middle School have won first, third, and seventh place in the Middle School Division of the Wisconsin Stock Market Simulation (SMS) 10-week state competition for the fall 2011 semester. The first place team included Alexa Meyer, Ian Smith and Madison Wollner. The third place team members were Colton Bloomberg, Evin Bloomquist, Zach Eisenmann and Mitch Swanson. The seventh place team was a partnership of Lucas Buhr and Ethan Lo. The students will be presented with certificates, medals, and a traveling trophy for their success.
The teams started the game with $100,000 to invest in stocks, bonds and mutual funds and ended the game with a portfolio valued at $119,982, $112,266, and $110,152 respectively. Overall, a total of 1,298 teams from across Wisconsin participated.
The Stock Market Simulation helps students learn how to invest in the stock market without using real money. Students manage hypothetical $100,000 investment portfolios as they compete for a trip to New York City to tour the New York Stock Exchange. Ten week games are offered each semester. A separate year long program runs each September to April. It is correlated to voluntary national and state standards in math, economics, business education, English language arts, family and consumer sciences, technology and social studies.
The Stock Market Game is available to all public and private school students throughout Wisconsin. The program is offered by Economics Wisconsin, a 501(c)(3) non-profit organization. Since 1963, the organization has helped elementary and secondary teachers gain competence and confidence teaching about the free market economic system. Through its eight Centers for Economic Education located at universities and colleges across the state, the Milwaukee based organization provides resources to teachers to promote economic understanding and financial literacy.
For more information about the Wisconsin Stock Market Simulation visit www.economicswisconsin.org or call Stephanie Czosnek, program coordinator at (414) 221-9785.