Tuesday, October 15, 2013

Stock market simulation

When we first came to class, we waited anxiously for Mr. Kapptie to tell us what we were doing. When it came time for us to enter the classroom, the only instructions were to take off our jackets because it was warm in the classroom. Once we entered, chaos erupted. There was a lot of obnoxious noises clouding our minds while we all scrambled to gather as much candy and money as possible, which was made even more difficult by the lack of lighting. As the game progressed the prices of each "stock" went up and down. I was given the hint to get rid of all my sweetarts. Unfortunately i could not utilize this since i had no sweetarts to get rid of. Later i bought the hint that tootsie pops would come out with a new product. However, just as i went to buy more the new product came out, making the price skyrocket. It seemed like it was extremely difficult to trade anything. The other students were pretty attached to their goods. In the end, I as not the most successful, having only $2000. This simulation worked really well to help understand how the stock market works and how/ why prices fluctuate.

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