What is going on in Economics Class?
By: Marshall Sheorn on Apr 1, 2019 | Categories: Academic
The 2nd, 3rd and 4th Period Economics classes are winding down their participation in the South Carolina Stock Market Simulation. Three to four-man investment teams were given a notional $100,000 to buy stock in the real-world/real-time NASDAQ and NYSE markets. They are competing with teams at all grade-levels throughout South Carolina. The top three teams in each division and overall in the state receive trophies and are invited to an awards banquet in Columbia. The competition began on 4 February and will end on 12 April.
For their unit on the labor movement, the students are currently watching and discussing the award winning movie “Norma Rae” which is based on the true story of a woman who helped lead the effort to organize and unionize workers in a southern textile mill in the 1970s.
When they return from Spring Break, and just in time for the culmination of tax season, the classes will be learning about sources of government revenue and will do a practical exercise on payroll deduction. To complete the year, they will be doing practical exercises in personal finance ranging from check writing to credit card selection to car purchase.