Last year, Green Acres Elementary School won first place in the Georgia Stock Market Game. This year, another Cobb school claimed the title.
The Cheatham Hill Elementary School team won the elementary level of the Spring 2018 Regional and Congressional District 11 competition with a portfolio value of $107,446.42
The students are in Ashley Costello, Ashley Payne, and Jody Carothers Target classes. The classes worked together during the competition.
As a Congressional District winner of the spring, 2019 Georgia Stock Market Game, the Cheatham Hill students and their teacher are invited to the 39th Annual Awards Luncheon on May 9 at the Egyptian Ballroom of the Fabulous Fox Theatre in Atlanta.
According to the Georgia Council on Economic Education, the Stock Market Game is designed to give Georgia teachers a tool for showing students how scarcity, trade, opportunity cost, voluntary exchange, price incentive, specialization, productivity, and many other economic concepts play out in financial institutions. The students use the equity markets as the model for the game.
Unlike real equity markets, the Stock Market Game offers students a safe and pain-free place to learn that the lessons of market economics can sometimes be costly.
Teams are given a hypothetical portfolio of $100,000 that they invest over a 10-week period. The team from each public school district or independent school geographic region with the highest portfolio value at the end of the 10-week trading session wins.