Economics for the classroom
Getting young people interested in economics and making the subject more accessible to them - that is the target the Association of German Banks has set itself.
Getting young people interested in economics and making the subject more accessible to them - that is the target the Association of German Banks has set itself.
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Student competitions<br />
Learning from practical experience<br />
SCHUL/BANKER is a complex business game<br />
in which <strong>the</strong> young players gain intensive,<br />
hands-on experience of <strong>the</strong> economy and<br />
labour market. They become managers<br />
of a virtual bank and make a number of<br />
business-policy decisions – just like in real<br />
life. The object of <strong>the</strong> game is <strong>for</strong> <strong>the</strong> players<br />
to manage “<strong>the</strong>ir” bank more successfully<br />
than those of <strong>the</strong>ir rivals. To do so, <strong>the</strong>y<br />
need to keep an eye on <strong>the</strong> economic<br />
situation, market developments and on<br />
what <strong>the</strong> competition is up to.<br />
Participants<br />
The competition is aimed at students in grades 10 to 13 (aged 16<br />
to 19 years) at non-vocational secondary schools. Teams of four to<br />
six players take over <strong>the</strong> management of an imaginary bank. Each<br />
team is supervised by a teacher, though one teacher can look after<br />
several teams.<br />
Around 50,000 students have played SCHUL/BANKER since <strong>the</strong><br />
competition began in 1998 – with much fun and success.<br />
Views on <strong>the</strong> game<br />
Decisions<br />
– Saving and investing<br />
Loans<br />
– Equity funds<br />
– Online banking<br />
– Building up a branch network<br />
– Staff training and development<br />
– Public relations and advertising<br />
– Market research and monitoring competitors<br />
“A super business game.<br />
We had a lot of fun and it<br />
made economics lessons<br />
more interesting. ”<br />
“SCHUL/BANKER is <strong>the</strong> most<br />
realistic and challenging<br />
business game we’ve ever played. ”<br />
“My students can’t wait <strong>for</strong> <strong>the</strong> results and are<br />
already looking <strong>for</strong>ward to <strong>the</strong><br />
next round of SCHUL/BANKER. ”<br />
“It was interesting to see how much work and responsibility<br />
are involved with running your own business. ”<br />
“Thanks to SCHUL/BANKER we’ve learned a lot<br />
about how banks work and this<br />
will help us later on in life. ”<br />
12<br />
13