KEEPING UP WITH THE
 [DOW] JONESES
Teacher Page

 A WebQuest for 6th - 12th Grade Math or Business

 Designed by

Marie Long
[email protected]

Introduction | Learners | Standards | Process | Resources | Evaluation | Conclusion | Credits | Student Page
 
 




Introduction

This lesson was developed as part of the National Teacher Training Institute Master Teacher Program.

Students will learn basics of the stock market and use information from newspaper stock market pages to compute and graph changes in price over time, calculate dividends, and commissions,. 



Learners

This lesson can be used by grades 6 through 12 for mathematics, business/economics classes, or be a part of a social studies unit.  Lesson components can be adapted to suit a variety of student ages and abilities.  Emphasis can be placed on computation in the lower grades, and on designing spreadsheets in grades 10 - 12 (consumer math or applied math).  The teacker can decide how much emphasis to place on technology, depending on the learning outcomes desired and on the technology available.

Students should already be able to perform operations with fractions, decimals and percents, and use word processing and the Internet.


Curriculum Standards

Students will 

  • learn some of the basic terminology of the stock market
  • learn how stock is bought and sold
  • learn how to read the newspaper stock market page
  • practice operations with fractions, decimals, and percents
  • practice reading, interpreting and creating graphs
  • use a word processor, spreadsheet, and Internet
Virginia Standards of Learning

Mathematics   6.1,  6.6,  6.7,  6.18,  7.1,   8.4,  8.13
Computers & Technology    C/T 5.2,  C/T 5.3,  C/T 5.4,  C/T8.1,  C/T8.2,  C/T8.4.

Using this Webquest, students will practice creative problem solving, decision making, and communication through writing  persuasive paragraphs, word processing, making graphs,and possibly through creating spreadsheets and/or web pages.  If students work with parterners, they will also practice cooperation and compromise.


Process

For complete, detailed instructions, see Keeping Up lesson page.

The lesson is organized into four parts
  I.  Background – understanding stocks and the stock market
 II.  Reading the Stock Market Tables
III.  Keeping Up (following stock prices)
IV.  Stock Market Simulation Activity

The lesson is taught in 4 to 5 class periods, plus following stocks once a week for 6 to 8 weeks.  Following the stock can be assigned for outside of class or can be done during a few minutes of class time.  While empahsis is mainly on math, the lesson could be easily extended to social studies.  Writing persuasive paragraphs draws on skills taught in English.

Students may work individually, in pairs, or teams of 3 to 5.  The teacher may assign groups by having students draw slips with family surnames, assigning students that work well together, etc., or letting students choose their own groups.

Some students may believe that stock is only for rich people.  Investment accounts can be opened with just a few hundred dollars and small monthly contributions.  There are also ways to invest without using a full-service broker by doing careful research.

The following Internet sites provide resources for those not familiar with the stock market.
Invest FAQ: Article Index http://invest-faq.com/articles/index.html

About the NYSE http://www.nyse.com/about/about.html
Choose “Education”, then “Educational Publications”

Variations

Ideally, it is best for each student or group of students to have access to a computer with Internet during the entire lesson.  The first activity learning stock basics will require a computer lab or at least 5 or more computers.

If there is only one computer available, the teacher could lead the students through the learning steps and then have students suggest companies to research,  These companies could be explored and accepted or rejected by the entire class, or each student could build his/her indivual portfolio by selecting fromthose stocks.  Newspapers can be used for following the companies over the 6 or 8 weeks.  Students could also be assigned to use study hall time, if applicable, to research companies in the library or computer lab.


Resources Needed

MATERIALS

     
  • newspaper stock market pages collected over at least one month, one or two per student or group of students
  •  “Reading the Stock Market Page” activity sheet, one per student or pair of students
  •  “Tracking Stock Prices” activity sheet, one per student or pair of students (I run them front and back to conserve paper.)
  •  “How Much Did I Inherit?” worksheet (optional – depending on needs of students)
  •  “My Stock Portfolio” sheet
  •  (optional) graph paper, about two sheets per student
COMPUTER RESOURCES
  • Computer lab with one computer per student or pair of students
  • Computers with Internet access, word processing and spreadsheet applications
  • Computer with Internet access, word processing and spreadsheet applications and connection to large monitor or projector desirable
See the Keeping Up lesson page for the list of Internet sites.

Evaluation 
 

Your reports on the stocks you selected will be graded as follows:
 

Beginning

1

Developing

2

Accomplished

3

Exemplary

4

Score
Stock selection
0 or 1 stock selected
2 stocks selected
3 stocks selected
4 or 5 stocks selected
Includes historical graphs of stock prices for stocks selected
 
No graphs included for any stock.
Graphs included for one or two stocks..
Graphs included for most stocks.
Graphs included for all stocks.
 
Includes graphs traking stock over the specified time period
No stocks tracked.
Much data missing --
Some stocks tracked  or
Stocks tracked for only part of tine period.
Some data missing -- 
Most stocks tracked for most of time period.
All tracking data included --
All stocks tracked for entire time period.
Reasons for stock selection
 
No reasons stated for any stocks selected.
  Reasons for selection are stated for some but not all stocks.  Reasons do not follow from data presented.
Reasons for selection are stated for most but not all stocks.
Reasons follow from data presented .
Reasons for selection are stated for all stocks. Reasons follow from data presented.
 
Computations
Many mistakes in computation.
Some mistakes in computation.
Few mistakes in computation.
No mistakes 
in computation.
Report Format
Did not follow teacher's directions.
Work lacks neatness, organization, visual appeal.
Followed some directions.
Work shows some neatness, organization,  visual appeal
Followed most directions.  Work is neat, organized, and visually appealing.
Followed all directions.  Work is 
very neat, organized, visually appealing.
 



     Conclusion 

Students will learn about an alternative way of saving, its risks and rewards, and how business and the stock market affects our lives daily.  They will use real-world information to practice computational skills which are traditionally weak.


Credits & References 

Background image 
Absolute Background Texture Archive  http://grsites.com/textures

Images
AAA Free Clip Art     http://www.aaaclipart.com
MedieBuilder: Animation Factory   http://www.animfactory.com/
Animated Gif Archive     http://www.harrythecat.com/graphics/
Absolute Web Graphics Archive    http://grsites.com/webgraphics/
 
 


Last updated on August 25, 2000     . Based on a template from The WebQuest Page
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