The Stock Market Game is a kind of simulation game made for the US Stock Market, designed for encouraging a thorough understanding, with respect to financial investment in stocks and shares. These games are basically pre-meditated for the benefits of students in elementary and junior high school level as well as for the amateurs, beginners and expertise investor. Stock market games help the learner with the following aspects:
Trading in Stock market.
Understanding different kinds of business entities.
The benefits and cost involved with the decision making.
Market and buyers demands.
Market and Sellers supply.
Uses and origins of capital funds.
Dynamic changing economy.
How to play the Stock Market Game?
Stock Market Games playing is simple and user-friendly. Most of the websites offering the games follow a similar set of guideline and instructions. The playing involves the following:
After getting a registered account from the website, the player is awarded funds to trade in the American and New York Stock Exchange. These are imaginary funds and a hypothetical sum of $100,000 can be invested in developing an impressive portfolio.
The player’s needs to sell or buy the shares on a regular basis, depending on the closure prices found the previous days in the newspapers. The players are accountable for supervising the investment for a period of 10 weeks.
The transactions need to be entered in a statement including portfolio status, brokerage and interest charges on the marginal dealings.
The game can be played by making several teams, which will introduce the competitiveness factor in playing them. The teams at the end of periods are declared as winner and some form of awards are presented, such as cash prizes.
Miscellaneous:
The stock market game acts as a beneficial tool, with regards to education value associated with it. The game can be used for several teaching purposes such as mathematics, social studies, business learning and other extra curriculum vita-e. The game is essentially crafted to foster the awareness level of the business world. It helps in reflecting the interwoven relationship existing between several elements such as management, labor, technology, government and raw materials.