Saturday, February 5, 2011

A “Re-stock” in Economics

On Monday, Jan. 31, Mr. Huddleston announced something to his economics classes that made some excited, but others upset.

Over the course of this semester, the students in Economics have been playing a stock market game online called Simustock. This game involves buying and selling realistic stock shares without using real money. The game had been going relatively well, with about half the class in the positives, while the rest of the teams were losing money. One team in particular, GoldDiggers4, was winning by a long shot. Why? They were beating the system of the game by day trading. This means that they had chosen stocks each week based on how they were doing that day, rather than having them already picked out before the stock market opened.

Mr. Huddleston figured that this probably wasn’t the fairest way of playing the game, so he made the decision to start the game over. After about one month of playing Simustock, every team will start over with the same amount of money. Mr. H. has changed the rules a little bit as well. Now instead of choosing stocks in class, economics students are required to come to school with their stocks already picked out.

Overall, this isn’t a bad thing. Of course, some teams are probably frustrated if they were already ahead, but now everyone gets a completely fair shot.

By Brittany Booth

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