I would like to design an investing activity in which students act like a mutual fund manager, responsible for managing their fund’s portfolio trading activities. They will play a simulation game on The Stock Market Game, everyone being allocated $100,000 to start with. Whenever students buy or sell certain stocks, they have to post on blogs the decision-making process behind every trading. Therefore, their blogs serve as shareholder letters, explaining why they choose certain companies, and what intriguing stories are behind their business. Students are encouraged to comment on their peers’ blogs, raising questions about the decision-making process.
Through playing the simulation game, students will find out their recent performance compared to their previous one (last month, last quarter, etc.) and to their peers’. The former comparison is what Prensky (2010) calls “ipsative assessment”, in which students are being evaluated according to their best record (p. 176). The latter part refers to summative assessment: ranking and comparison are being used. Posting blogs and inviting counterparts to make comments involve peer assessment and self-assessment. This way, they will receive feedback from others and learn from their peers’ investing philosophy.
References
Prensky, M. (2010). Teaching digital natives: Partnering for real learning. London: Sage Publishers.
Prensky, M. (2010). Teaching digital natives: Partnering for real learning. London: Sage Publishers.
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