Economics Challenge

Little Falls Community High School Receives Local Recognition as Econ Challenge Finalists

One of eight Finalist teams in the 13th Annual National Economics Challenge is getting great press in the local community.

Little Falls Community High School will once again vie for the title of National Champion this weekend in New York City. The Morrison County Record highlighted their achievement in this article.

“We applaud Little Falls’ success in qualifying for the National Economics Challenge,” says Donald Liu, Executive Director of the Minnesota Council on Economic Education, host of the Minnesota Economics Challenge. “Their success is a testament to Minnesota’s strong economics educators and students, both of which are so crucial in today’s changing global environment.”

In conjunction with the Finals this weekend, CEE asked the eight Finalist teams to prepare a video profile that shows who they are as people, students and scholars. Get over to our Facebook page and vote for your favorite team. The team with the most votes will receive a $100 Amazon gift certificate for their school and a $25 iTunes gift card for each student from the team.

Stay tuned for updates from New York City this weekend as the eight Finalist teams battle for the title of National Champions!

POSTED: May 16, 2013 | BY: Leslie Rasimas | TAGS: , , , , ,

Meet the 2013 National Economics Challenge Finalists and VOTE for your favorite video

The 13th Annual National Economics Challenge culminates with an exciting quiz bowl this Sunday, May 19 at 3:00pm ET. More than 10,000 students from 40 states participated in this year’s competition, and only eight teams will vie for the title of National Champions in New York City this weekend.

CEE asked the eight Finalist teams to prepare a video profile that shows who they are as people, students and scholars. Get over to our Facebook page and vote for your favorite team. The team with the most votes will receive a $100 Amazon gift certificate for their school and a $25 iTunes gift card for each student from the team.

The Finalist teams are:

DAVID RICARDO DIVISION (single semester general economics students)

  • Carmel High School, Carmel, Indiana
  • Lexington High School, Lexington, Massachusetts
  • Little Falls Community High School, Little Falls, Minnesota
  • Olympia High School, Olympia, Washington

ADAM SMITH DIVISION (AP, IB and honors students)

  • Choate Rosemary Hall, Wallingford, Connecticut
  • Iolani School, Honolulu, Hawai’i
  • Mounds View High School, Arden Hills, Minnesota
  • Richard Montgomery High School, Rockville, Maryland

You can VOTE once each day until Tuesday, May 21, 11:59pm ET. We’ll announce the winning team on Wednesday.

This video contest has no influence on National Economics Challenge testing and judging.

POSTED: May 13, 2013 | BY: Leslie Rasimas | TAGS: , , , , ,

Finalists Announced for the 2013 National Economics Challenge

Eight high school teams have earned a trip to New York City to compete for cash prizes and academic recognition in the 13th Annual National Economics Challenge. The eight teams won both state and Semi-Finals competitions in their respective divisions, defeating over 10,000 students from 40 states to advance to the Finals.

The Challenge offers students two levels of competition on the basis of their course enrollment. Students enrolled in advanced placement, international baccalaureate and honors economics courses entered the Adam Smith Division, and students enrolled in single semester general economics classes competed in the David Ricardo Division.

The Finalist teams are:

DAVID RICARDO DIVISION (single semester general economics students)

  • Carmel High School, Carmel, Indiana
  • Lexington High School, Lexington, Massachusetts
  • Little Falls Community High School, Little Falls, Minnesota
  • Olympia High School, Olympia, Washington

ADAM SMITH DIVISION (AP, IB and honors students)

  • Choate Rosemary Hall, Wallingford, Connecticut
  • Iolani School, Honolulu, Hawai’i
  • Mounds View High School, Arden Hills, Minnesota
  • Richard Montgomery High School, Rockville, Maryland

Teams will compete Saturday, May 18 in three written tests and one critical thinking round to answer questions on complex economic concepts and theories involving micro- and macroeconomics, international economics and current events.  The National Economics Challenge Finals culminates in a quiz-bowl round Sunday, May 19 at the WNET Tisch Studios at Lincoln Center in New York City. The event will be broadcast live, and you can watch on the CEE’s Facebook page.

Students across the country participate in the state and Semi-Final rounds of the National Economics Challenge:

2013 nec finalist teams Finalists Announced for the 2013 National Economics Challenge

POSTED: May 1, 2013 | BY: Leslie Rasimas | TAGS: , , , ,

Financial Literacy Month aimed at raising awareness to manage funds

Cory Wilson Financial Literacy Month aimed at raising awareness to manage fundsBy Cory T. Wilson, Chair-elect, Mississippi Council on Economic Education; Attorney, Heidelberg Steinberger Colmer & Burrow.

Mississippi Governor Phil Bryant has issued a proclamation designating April as Financial Literacy Month.

Chances are, I realize, the designation is probably not on your smart phone calendar, and it may not be the theme of many spring parties. But it merits attention and not just in April.

As millions of Americans endured the drudgery of filing their tax returns April 15, a few thoughts on financial literacy are in order. Of course, it takes more than a Master’s degree in finance to understand our byzantine tax code, so leave that to the accountants and the tax software folks for the moment. Financial Literacy Month is aimed at raising awareness of a problem more basic and epidemic. Read more…

POSTED: April 17, 2013 | BY: Leslie Rasimas | TAGS: , , , , , , ,

Financial Literacy: Preparing for Independence

By Max Isenberg, student at the University of Pennsylvania.

Education comes in all sorts of forms. In college, your main duty is to learn, be it in the classroom, through extra-curricular activities, or while hanging out with your friends. As a student, however, I have noticed things I never realized I needed to know. Living independently involves a lot of learning on the fly about what your parents once handled for you. Laundry, for example, was this nebulous process in which my mom turned my dirty, worn clothes into fresh clean ones; only when I had to run my first load in my dorm could I appreciate the nuances of the task. Read more…

POSTED: April 5, 2013 | BY: Leslie Rasimas | TAGS: , , , , , , ,

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