Economics class begins stock market project
During the final week of September, the economics class began their stock market simulation project. As defined by Investopedia.com, the stock market is a “collection of markets and exchanges where the issuing and trading of equities or stock of publicly held companies, bonds, and other classes of securities take place.”
Economics teacher Brian Tonsoni has been using this simulation to teach the stock market for over twenty years. He stated, “Simulations are a good way to learn information as opposed to lectures. I’m not saying lectures are bad, but I believe that active participation in the classroom is a better way to learn. I think young people need to think about investing money for retirement and later needs, and to start early is important.” As for how the simulation works, Tonsoni said “Basically, every account starts with one-hundred thousand dollars. You purchase real stock in bulk at the real-world price. Your goal is to grow your portfolio and your account funds. The main objective is to gain financial knowledge and to be financially literate of the stock market.” The simulation will last for a total of ten weeks.