September 24, 2003 :: No. 47
| What: |
High school students, if they accept, will be
learning the fundamentals of finance and investment in a special
$1 million economic challenge — a seven-month stock market
simulation offered through Cal State Fullerton. The grand prize
for the nationwide contest is an all-expense-paid trip to Washington,
D.C., for the winning students and their teacher. |
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| Who: |
The university’s Center for Economic Education,
under the direction of Chiara Gratton-Lavoie, offers stock-market
simulations to schools throughout the Southland. The national
contest is underwritten by Stock-Trak Inc. of Georgia. |
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| When: |
The $1 million challenge begins Monday, Oct.
6. |
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| Additional: |
The Center for Economic Education is extending
the $1 million challenge to schools that currently take part
in a 10-week program offered each semester by the center since
1995. The 10-week program, open to both middle and high school
classes and organizations, begins Oct. 13. Both programs call
for students to work in teams, researching, investing and
managing a portfolio: $100,000 for the shorter program, $1
million for the national contest, which continues through
May.
“As participants develop their portfolio strategies,
they gain knowledge of how financial markets work. They learn
a great deal about the stock market and the economy,”
said Gratton-Lavoie, who also teaches economics and holds
a
doctorate from Virginia Polytechnic Institute. |
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| Background: |
The Center for Economic Education is part of
Cal State Fullerton’s College of Business and Economics.
Its purpose is to provide technical economic education services
to improve the level of economic understanding in grades K-12,
institutions of higher learning and the surrounding community.
In addition to the stock market simulation, the center offers
consultations and workshops. |
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| Contact: |
To participate in or support the program, please
call 657-278-2248. |
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| Media Contacts: |
Chiara Gratton-Lavoie at 657-278-2292 or cgratton@fullerton.edu
Pamela McLaren, Public Affairs, 657-278-4852 or pmclaren@fullerton.edu |
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