Delegate Steve Landes (R-25th district) checked in at Turner Ashby High School May 14 to congratulate students who, paired with him in an investing contest, took first place statewide. The students turned $100,000 of computer money into a simulated $117,378.93 in 10 weeks.
Landes and the students took part in the spring semester “General Assembly Challenge” organized by the Virginia Council on Economic Education. The students on the winning team were Gabino Cruz-Hernandez, Davey Stone and Joshua Varner.
They competed against other General Assembly-student teams statewide, buying and selling stocks with virtual money. Winners will be recognized later this month at the statewide awards ceremony at the Federal Reserve Bank of Richmond.
Delegate Landes congratulated teacher Chris Noll’s math students on their investment skills and ability to work together effectively as a team. “I have been impressed with how well you did as a team,” Landes told the students, “but the most important thing is the valuable real-world experiences you have gained.”
Noll’s team was supported locally with training and resources from the James Madison University Center for Economic Education, an affiliated center of the Virginia Council on Economic Education.
“This game is particularly engaging because students do research and then work as a team to make their investment decisions,” said Lynne Stover, teacher consultant with the JMU center. “And all along the way, it reinforces math and analytical skills, business concepts, and personal finance basics.”
“It’s great to see hard work pay off for Chris’s students,” said William C. Wood, director of the JMU center.
The Richmond-based VCEE coordinates the Stock Market GameTM in Virginia as one of several programs to promote K-12 economic and financial education and provide professional development for teachers. For more information about VCEE, visit www.VCEE.org.