Stock Market Game Winners in ODU Center for Economic Education Region Celebrated

Congratulations to the 2018-2019 Stock Market Game™ winners in the ODU Center for Economic Education region. Thank you to all who attended our award ceremony last night.

One of our participating teachers sent us a heartfelt note stating:

“….thank you for the wonderful opportunity that you have given our students to experience economics in such an exciting and meaningful manner. ALL of my students, including the students who didn’t place, loved the Stock Market Game! Most commented that there was SOOOOOO much that they didn’t know about trading, investing, saving and spending until they played. And they want to learn more! These are 4th and 5th graders!

I was very impressed with the training, materials, support and the user-friendly platform of the program itself. The students took to it like ducks to water and never looked back.

Please accept my heartfelt gratitude for your support and ongoing work with our students in their journey to learn about economics with this engaging game. We will be participating next year!”

Teachers: Please keep an eye on our Stock Market Game pages on our website, to participate again next year.

We are so grateful to the supporters of the Stock Market Game™ program in Virginia including:

BB&T Scott & Stringfellow
Mid-Atlantic Securities Traders Association (MASTA)
Atlantic Union Bank
SIFMA Foundation
SIFMA member firms

A special shoutout to Atlantic Union Bank as they supported Norfolk Public Schools’ participation in the Stock Market Game program and helped underwrite the ODU Center for Economic Education’s awards program and reception yesterday.

2018 – 2019 Stock Market Game Virginia Winners Announced

Congratulations to our 2018-2019 Stock Market Game Virginia winners. This online simulation of the real-life stock market helps sharpen skills in math, social studies and language arts.

THANKS to partners BB&T, the CFA Society of Virginia, the Mid-Atlantic Security Traders Association and Union Bank & Trust for supporting this fun and hands-on way to learn!

Thank you to the Federal Reserve Bank of Richmond for providing the venue for our awards celebration.

If your organization would like to help us grow school participation in the Stock Market Game in Virginia, please contact Laura O’Brien at

Please consider a donation to support K-12 financial literacy school programs and teacher professional development in Virginia. Learn more here: Established in 1970, the Virginia Council on Economic Education is a non-profit, statewide organization.

Teaching Students to “think like economists” as Democratic Citizen Preparation, Article Published by Dr. Cheryl A. Ayers

Dr. Cheryl A. Ayers, co-director of the Center for Economic Education at Virginia Tech which is part of the Virginia Council for Economic Education, has published another article in the top-tier, peer-reviewed Journal of Social Studies Research:  Teaching students to “think like economists” as democratic citizenship preparation.  View article here.  

Expanding upon her practice-based theory of effective economics instruction, Dr. Cheryl A. Ayers’ latest research article takes an in-depth look at integrating economic reasoning skills across all subjects to better prepare students for democratic citizenship such as casting more informed votes, understanding current events, and discussing controversial issues while simultaneously cultivating more civil dialogue around opposing viewpoints and developing an accurate disciplinary understanding of economics.

In this article, Dr. Ayers examines “economic reasoning tools and citizenship preparation – by describing the instructional benefits, challenge, and practices of integrating greater disciplinary understanding in economics across all secondary social studies subjects”.The three Virginia “teachers in this study demonstrated specialized content knowledge in economics by teaching economic reasoning skills primarily geared toward citizenship preparation: namely, casting more informed votes, understanding current events, and discussing controversial issues. The most often taught economic reasoning tools were the EWT principles, PACED decision-making models, and cost-benefit analysis charts.”  The three teachers profiled in the article were former winners of the Virginia Council for Economic Education’s Outstanding Economic Educator Awards.

From the topics such as the Stock Market Game to the 2016 presidential election to the domestic abuse policies within the National Football League to the Eboli Virus to Entitlement Spending, Dr. Ayers provides real-world, real-classroom examples of innovative economic education focused on developing “critically-minded, reflective citizens”.

The Journal of Social Studies Research is an internationally recognized peer-reviewed journal designed to foster the dissemination of ideas and research findings related to the social studies. Here is a link to the editorial board.  JSSR is the official publication of The International Society for the Social Studies (ISSS).

In January 2018,  Dr. Ayers published another article in the Journal of Social Studies Research: “A first step toward a practice-based theory of pedagogical content knowledge in secondary economics”:

Dr. Ayers is with the Center for Economic Education, Virginia Tech; the Center for Advanced Study of Teaching and Learning, University of Virginia; the U.S. Economic Empowerment Project, Founder and Director; and is an Economic Education and Research Consultant.


Governor Northam Announces 2019 Governor’s Challenge Champions in Economics and Personal Finance 

Commonwealth of Virginia, Office of Governor Ralph S. Northam

Date: April 11, 2019

 Office of the Governor
Contact: Alena Yarmosky

Governor Northam Announces 2019 Governor’s Challenge Champions in Economics and Personal Finance 

~ Three Virginia high school teams win state championship ~

RICHMOND—Governor Ralph Northam today announced the winners of the 2019 Governor’s Challenge in Economics and Personal Finance. More than 3,000 high school students from across the Commonwealth participated in an online competition, and 160 students were invited to the day-long championship event held April 11th at Capital One in Richmond.

“A strong foundation in personal finance and economic literacy empowers young Virginians to be smart consumers and equips them with the high-demand skills necessary to fully participate in our 21st century workforce and contribute to our growing economy,” said Governor Northam. “This challenge gives Virginia students an opportunity to apply their classroom learning, make informed decisions, and gain a deeper understanding of economic concepts. I am proud to recognize this year’s winning student teams and their teacher advisors.”

The winners include:

David Ricardo Division (Economics)

  • 1st Place: Lafayette High School, Williamsburg-James City County, Teacher: Jodi Consoli
  • Runner Up: Appomattox Regional Governor’s School, Multi-divisions (Chesterfield area), Teacher: Emily Hardesty

Adam Smith Division (Advanced Economics)

  • 1st Place: Maggie Walker Governor’s School, Multi-divisions (Richmond area), Teacher: Julius Oreska
  • Runner Up: Thomas Jefferson High School for Science and Technology, Fairfax County, Teacher: Malhaz Jibladze

 Personal Finance Division

  • 1st Place: Rappahannock County High School, Rappahannock County, Teacher: Linda Petty
  • Runner Up: Amherst County High School, Amherst County, Teacher: Segar Jordan

“These outstanding students and their dedicated teachers exemplify Virginia’s longstanding commitment to high quality economic and personal finance education,” said Virginia Secretary of Education Atif Qarni. “This knowledge helps Virginians access and strengthen economic opportunities and to pursue a productive, quality life.”

The Governor’s Challenge is conducted in partnership with the Virginia Council on Economic Education (VCEE), a nonprofit organization focused on enhancing the quality of K–12 economic and financial education in Virginia.

“I congratulate the winning teams, their teachers and all of the participants in the 2019 Governor’s Challenge,” said Superintendent of Public Instruction James Lane. “The challenge is a great opportunity for students to demonstrate how they are meeting the expectations of the Profile of a Virginia Graduate as consumers, savers, investors, entrepreneurs and citizens.”

Capital One provided financial support for and hosts the Governor’s Challenge championship event. The Virginia Lottery sponsored the Teachers’ Luncheon at the event.

To learn more about the Governor’s Challenge and other efforts to promote support economic and financial education for Virginia’s students, visit

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