Students from North High School received second place in the Northwest Suburban Fall 2017 session of The Stock Market Game program. North High competed against 696 teams across Illinois, one of the schools being neighboring South High who earned first place.
North High AP Macroeconomics teacher Thomas Saam led the second place North High student team of Jonathan O'Boyle, Cade Zarnowski, Mohamed Uddin, and Timothy Flavin.
The Stock Market Game is organized twice during the academic year, once in the fall and once in the winter/spring. Students are given a starting capital amount of $100,000 in the simulation, and are encouraged to buy and sell stocks and mutual funds based on researching market trends and news that may be aligned with the company and the industry.
DGN students chose a variety of pharmaceutical companies, as well as a retail home improvement chain, The Home Depot. The students agreed that participating in the Stock Market game gave them investing experience that they could use in the future.
“While these lessons will only be a semester long, the hope is that these lessons will be lifelong ones for the students,” Saam said. “We hope the students will use these lessons to reach their goals moving forward, whether that’s saving for college or saving for retirement.”
The Stock Market Game (SMG) is an online education program used in thousands of classrooms nationwide. It helps teach core subjects like math, social studies, technology, business, economics and language skills in a real-world setting while emphasizing the importance of long-term saving and investing. See www.stockmarketgame.org and www.econillinois.org for details about the program.