A team of Coosa Middle School students has been named the winning team in the Fall 2018 Georgia Stock Market Game in both Floyd County Schools (FCS) and the 14th Congressional District.
Coosa Middle School students Ethan Spearman, Pablo Vicente-Cruz, and Chloe Hardin of Mrs. Tonya Palmer’s seventh-grade Social Studies class swept the competition in the middle school division with a portfolio value of $106,353.15.
FCS Social Studies Specialist Dena Tracy organizes the systemwide competition for seventh-grade social studies teachers to implement the Stock Market Game into their lessons through teams made up of three to five students. The Stock Market Game demonstrates real-life applications of economic standards, reinforces team-work skills, and may lead students towards career-choices within the finance and business worlds. Unlike real equity markets, the exercise offers students a safe and pain-free place to learn that the lessons of market economics can sometimes be costly.
According to the Georgia Council on Economic Education, the Stock Market Game is designed to give Georgia teachers a tool for showing students how scarcity, trade, opportunity cost, voluntary exchange, price incentive, specialization, productivity, and many other economic concepts play out in financial institutions. The students use the equity markets as the model for the game. Teams are given a hypothetical portfolio of $100,000 that they invest over a 10-week period. The team from each public school district or independent school geographic region with the highest portfolio value at the end of the trading session wins.
Mrs. Palmer said that her fundamental philosophy on teaching is that she does not consider herself a teacher in the traditional sense, but more of a learning facilitator who guides students to find information and learn on their own.
“Providing a superior learning environment with captivating experiences and guidance allows students to navigate the journey of learning through fun exercises that give them the confidence to own their education. My students’ success in the Stock Market Game is proof of what they can do when they are actually engaged in their learning process and I’m very proud of them!” Palmer continued.
To celebrate their success, Ethan, Pablo, Chloe, and Mrs. Palmer will attend the annual awards luncheon for the Georgia Stock Market Game on May 9 at the Fabulous Fox Theatre in Atlanta.