Percentage Trading Game Learning Objectives Enhance understanding of percentage change Be able to quickly calculate financial figures involving percentage.

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Presentation transcript:

Percentage Trading Game Learning Objectives Enhance understanding of percentage change Be able to quickly calculate financial figures involving percentage change Keep track of and manage simple financial accounts

Percentage Trading Game Instructions: At the start of each round there will be a ‘newsflash’. Your team will need to decide what commodities to invest your $2,000 in At the end of the round, you will sell all your commodities at the new prices and record how much profit you made that round At the end of the six rounds, you will work out your overall profit The winning team is the one that makes the most profit There will be a fine of $100 for each mathematical mistake a team makes, and any teams that fail to work together will also be fined.

Percentage Trading Game Current World Market Prices: CommodityPrice Oil$80 Diamonds$150 Wheat$60 Gold$120 Cocoa$50 Silver$100

Percentage Trading Game Renewed violence in Sierra Leone scares off international investors Round 1:

Percentage Trading Game World Market Price Changes after Round 1: CommodityPrice% Change Oil$80+10% Diamonds$150+40% Wheat$600 Gold$120+20% Cocoa$500 Silver$1000

Percentage Trading Game New worldwide obesity campaign launched Round 2:

Percentage Trading Game World Market Price Changes after Round 2: Commodity% Change Oil- 10% Diamonds0 Wheat-10% Gold Cocoa-40% Silver0

Percentage Trading Game sTORMS DEVASTATE HARVEst across RUSSIA AND EASTERN EUROPE Round 3:

Percentage Trading Game World Market Price Changes after Round 3: Commodity% Change Oil+15% Diamonds0 Wheat+60% Gold0 Cocoa0 Silver0

Percentage Trading Game Long-running strikes in south africa reduce the country’s exports Round 4:

Percentage Trading Game World Market Price Changes after Round 4: Commodity% Change Oil+15% Diamonds+45% Wheat0 Gold+60% Cocoa0 Silver+55%

Percentage Trading Game Fairtrade fortnight boosts Cadbury's revenues Round 5:

Percentage Trading Game World Market Price Changes after Round 5: Commodity% Change Oil+10% Diamonds0 Wheat0 Gold0 Cocoa+36% Silver0

Percentage Trading Game MONGOLIA’S ECONOMY MAY GROW BY 25% IF FOREIGN INVESTMENT takes OFF Round 6:

Percentage Trading Game World Market Price Changes after Round 6: Commodity% Change Oil+15% Diamonds0 Wheat0 Gold+40% Cocoa0 Silver+57%

Percentage Trading Game The End: Calculate your ‘final profit’ by adding up the total profit you made in each round Questions to consider: -When did you make the most profit? -Why was this? -Why is it important to be able to quickly complete percentage calculations?

Percentage Trading Game For more resources please check out: