Author Archives: Kevin Smith

This is an autobiography about me.

Lab Spotlight: Marquette Catholic High School

Marquette Catholic High School in Michigan City, Indiana was one of the first schools we worked with to transform one of their classrooms into a full Financial Literacy Lab. The Marquette program utilizes the Personal Finance Lab simulation and curriculum both in their Economics classes and their Global Trading classes, focused on investing and finance. Read More…

Elements of a Finance Lab

We work with hundreds of schools around the country to take their Personal Finance, Economics, and Business classes to the next level. Over the last few years, more and more schools are building Finance Labs – combining stock market games, hardware, and their classroom into the most popular room at the school.  No two schools Read More…

What can I put in my MarketInsight display?

The MarketInsight display is one of the fundamental pieces of any Finance Lab. This is an LCD screen that can rotate several financial “widgets” for your classes. The coolest part is that each MarketInsight is fully configurable – you choose what you want displayed!   How does it work? Think of your MarketInsight like a Read More…

Building a $1000 Finance Lab

Cost is the biggest barrier preventing teachers from launching their first lab. Getting quotes from vendors, applying for grants, getting administration approval (on top of planning and running your classes!) puts up a huge wall between your students and the awesome financial literacy resources they deserve. To help break down this barrier, we’ve put together Read More…

Comparative Advantage

This article describes Comparative Advantage, which is the term used to describe how one person, business, or economy, is able to outproduce one product or service compared to another person, business, or economy. Click on this post to learn about different types of comparative advantage, and to see an example of how it works in the real world.

Using Spreadsheets – Graphing

Having trouble knowing how to communicate your raw portfolio data, into consolidated, comprehensible reports? Look no further. This article details step-by-step instructions on how to use Excel to to graph your portfolio’s values.

Using Spreadsheets – Importing and Formatting Data

Before you can consider creating graphs to demonstrate your portfolio values, or calculating the profit and loss of your trades, you need to import data from your portfolio into a spreadsheet, and make some sense of these numbers. Read this article for guidance on how to export data from your portfolio into excel successfully!

Gross Domestic Product

Gross Domestic Product (GDP) is a measure of the total economic output a country makes in a given year, and indicates the total size of the economy. Want to learn about how it is calculated? This article will answer that question, and more!