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One of the most popular NIE special programs is Stock Market
Game Worldwide®. This thrilling game is a 10-week simulation
of Wall Street trading, designed to help students understand the
stock market.
Introduced in 1977 by the Securities Industry Association's
Foundation for Economic Education, SMG Worldwide has become a
favorite classroom tool for teaching costs and benefits involved
in decision-making, the sources of capital, and other related
economic concepts as part of the standards of learning and core
learning goals.
State coordinators for the game are generally the state
councils for Economic Education.
Designed for students in grades 4 - 12, classes are divided
into small teams of 3 - 5 students investing a hypothetical
$100,000 in common stocks listed on the American Stock Exchange
(AMEX), the NASDAQ Stock Market (NASDAQ), and the New York Stock
Exchange (NYSE). With a teacher as the facilitator, students work
interactively to research stock selections and compete against
other teams within their schools, counties and states.
School rankings appear every Monday in the Washington Business
section of The Post while the game is in play.
Teachers may choose to play a scan sheet version of Stock Market
Game Worldwide® which uses standardized sheets to record trades,
commissions, broker fees, etc. and then are mailed to the state
coordinator, (Council for Economic Education) for compilation and
ranking.
The Internet version of the game allows students to enter
transactions using team passwords to access their portfolios and
rankings.
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