Buy Low, Sell High

About this game:

Can greed ever be a good thing? Yes, in this case each player is allowed to release his/her inner tycoon to acquire companies and market segments to control as much of the economy as possible. The more any player is able to acquire – by birthright, trading, and luck – the better. The key to recognizing a good trade is 1) knowing how many market segments (factors) are associated with each company, and 2) strategically acquiring specific companies to control an industry (staircase). Ask the winning tycoon to declare what he/she is going to do with all his/her money. You may be surprised!

Skills:

Develops: Problem Solving

Uses: Probability, Percents

Develops & Uses: Factors & Common Multiples, Strategy

NCTM Standards:

Pre-K - 2

N/A

Grades 3 - 5

1.1.0 Understand numbers, ways of representing numbers, relationships among numbers and number systems.

5.4.0 Understand and apply basic concepts of probability.

6.1.0 Build new mathematical knowledge through problem solving.

6.3.0 Apply and adapt a variety of appropriate strategies to solve problems.

8.1.0 Organize and consolidate their mathematical thinking through communication.

8.3.0 Analyze and evaluate the mathematical thinking and strategies of others.

9.1.0 Recognize and use connections among mathematical ideas.

Grades 6 - 9

1.1.1 Work flexibly with fractions, decimals and percents to solve problems.

1.1.6 Use factors, multiples, prime factorization and relatively prime numbers to solve problems.

6.3.0 Apply and adapt a variety of appropriate strategies to solve problems.

8.1.0 Organize and consolidate their mathematical thinking through communication.

8.3.0 Analyze and evaluate the mathematical thinking and strategies of others.

9.1.0 Recognize and use connections among mathematical ideas.

Tips & Tricks:

N/A

Response to Intervention Tier:

1,2,3