The Arkansas Council on Economic Education (ACEE) awarded first place, Senior High Division/Region 4 of The Arkansas Stock Market Game (SMG) to Carol Oliver and her team of students from Salem High School. Team members were Jessica Baker, Nicole Booth and Lindsay Shannon.
The Arkansas Council on Economic Education and the Arkansas Securities Department, a cornerstone sponsor, offer the Stock Market Game to enhance economic education through students using relevant information on how they, as individuals and as a team, can interact and affect the world economy.
The ACEE sponsors this 10-week challenge to fourth through 12th grade students to manage a hypothetical portfolio of common stocks using an initial investment of $100,000. Donna Wright, Arkansas Stock Market Game coordinator, said, "We had over 700 teams with more than 2,800 students competing in the fall 2005 session."
The Salem High School team made good investment choices and won with a $129,453.47 portfolio.
The Salem High School team members and their advisor were honored Jan. 17 at the Stock Market Game Awards Luncheon held at Alltel Arena in North Little Rock.
The ACEE is a private non-profit organization affiliated with the National Council on Economic Education. The ACEE provides public and private school educators with training and materials to teach basic economic principals in grades K-12. The students learn to understand the economy, the impact it has on their lives and the ability to make sound economic decisions.