Wall Street Wizard: Stock Market Simulation Game Using Flask

Wall Street Wizard: Stock Market Simulation Game Using Flask

C. V. Suresh Babu, V. Surendar
Copyright: © 2024 |Pages: 18
DOI: 10.4018/978-1-6684-7583-6.ch013
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Abstract

The stock market is a complicated and often scary arena for people inexperienced with the financial world. Stock market simulation games have been designed to solve this issue by allowing users to study and engage with the market in a fun and engaging way. This study proposes the construction of a stock market simulation web application using Flask, which will allow users to create demo accounts, learn how to purchase and sell stocks, manage their portfolios, and do real-time stock market analysis. This simulation will be intended to make stock market learning accessible and pleasurable for all users. The goal is to develop an interactive platform that educators can use to teach economics and finance to students in a fun and engaging way. This chapter will discuss how the proposed simulation would differ by including real-time analysis and a focus on portfolio management. Through the simulation, users will learn how to make educated decisions based on market research and diversify their investments to minimize risks, leading to a more financially literate society.
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Literature Review

For some years, educational researchers have been interested in game-based learning, and there is a growing body of literature on its usefulness in improving student engagement and academic achievement in a variety of topics, including economics and finance (Choi & Noh, 2021; Rogmans, 2018; White & Wagner, 2021).

According to a comprehensive review of empirical studies on game-based learning in financial education, games can improve students' knowledge and comprehension of financial concepts, and the success of game-based learning is dependent on the game's design and execution (Gualtieri et al., 2020).

According to another study, gamification can improve student engagement and motivation in finance and economics instruction (Hsu & Lu, 2021). Furthermore, research on the influence of virtual simulation technology on economic education have indicated that it can increase students' learning transfer and capacity to apply economic ideas in real-world circumstances (Choi & Noh, 2021).

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