Dana teaches social sciences at the college level and English and psychology at the high school level. She has master's degrees in applied, clinical and community psychology.
Upon completion of this lesson, students will be able to:
- define stock market
- list the indices of the stock market
- create a mock stock portfolio
30 minutes to 1 hour for initial instruction and 30 days for the activity
Determine the central ideas or conclusions of a text; provide an accurate summary of the text distinct from prior knowledge or opinions.
Follow precisely a multistep procedure when carrying out experiments, taking measurements, or performing technical tasks.
Integrate quantitative or technical information expressed in words in a text with a version of that information expressed visually (e.g., in a flowchart, diagram, model, graph, or table)
- Begin by asking the students to define the term 'stock market.'
- When each student has come up with a definition, ask them to share with the class for discussion. Write key points on the board.
- Now, have the class begin reading the text lesson Stock Market: Definition & Indices, stopping at the end of 'The Stock Market' section.
- Review the points listed on the board and compare them to what was mentioned in the text lesson. Ensure everyone clear on what the stock market is.
- Next, ask the students to list the indices they have heard of in relation to the stock market.
- Once again, discuss these as a class, writing main points on the board.
- Have the class read the rest of text lesson.
- How did they measure up in their lists of indices? If there was missing information, use the points given in the text lesson to fill in the blanks now.
- Why is it important to understand how the stock market works?
- What impact does the stock market have on our overall economy?
- Explain to the class that each student will be given a credit of $1000 in imaginary money.
- They can select how to invest their pretend money in the stock market over a period of 30 days with a goal of earning as much money possible on their initial investment.
- They must keep a record of which stocks they purchased, how much they paid, when and if they sold them, and any profit or loss gained. They should also note the prices of each stock from day to day.
- When the 30-day period is over, students should compile their data, investment practices and strategies into a mock portfolio.
- Students should then taking turns presenting their portfolios to the class, with the title of 'King or Queen of the Stock Market' going to the student who earns the most money on their investment over the 30-day period.
- Have an investment advisor speak to the class about the stock market.
- Spend a few minutes each day in class watching the financial channels that feature a stock market ticker to assess the fluidity of the market.