Economics by itself? Boring. Economics with a competition and prize involved? Now we're talking!
I created this activity to enrich my Sixth Grade Social Studies unit on Economics. I begin by teaching about the stock market, going over vocab and practicing calculating stocks/broker's commision. If your students have a basic understanding of the stock market, then this is the perfect next step. The object is to have your students purchase stocks (while paying you - their broker - a 5% commission) and to track their stocks daily. A couple of trading days thrown in at your discretion help keep the competition interesting. On the final day, all students must sell all of their stocks. Whoever ends up with the mosy money wins!
This product includes all of the handouts you'll need to lead your students in the activity.
-Overview: explains rules, tracking and trading procedures
-Initial purchase form: graphic organizer for students to log the stocks they purchase at the very start (I even include a spot for the "Seal of Approval" - feel free to initial in this column!)
-Daily Tracking Sheets: To save paper, students can track up to 4 stocks per sheet of paper. "Tracking" involves the students checking in on their stocks DAILY to record the closing price, number of shares owned, and current investment
-Trading Sheets: These sheets are used on days you designate as a "Trading Day." Students fill out the sheet to determine what they want to sell, how much extra money that will give them, what they want to buy, and how much extra money that will cost them.
My students LOVE doing this, and what's great is I can have it on-going while we go into different lessons. It only requires class time on the first day, last day and trading days.
For more ideas, website reviews and free downloads, check out my blog: www.creativeteachersclassroom.com