Eight High School Teams to Compete in 12th Annual National Economics Challenge

POSTED: May 1, 2012 | BY: admin | TAGS: , , ,

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Finalists Outscored More Than 1,500 Teams in Economics and Current Events Tests

NEW YORK – May 1, 2012 – Student teams from eight high schools will compete as finalists in the National Economics Challenge Finals, May 19-20, hosted by the Council for Economic Education and sponsored by State Farm.

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 eight teams won both state and Semi-Finals competitions in their respective divisions, defeating over 1,500 teams from 33 states to advance to the finals.

Finalists in the Adam Smith Division are:

  • Bellaire High School, Bellaire, TX
  • Belmont High School, Belmont, MA
  • The Harker School, San Jose, CA
  • Homewood-Flossmoor, Flossmoor, IL

Finalists in the David Ricardo Division are:

  • Carmel High School, Carmel, IN
  • Iolani School, Honolulu, HI
  • Little Falls Community High School, Little Falls, MN
  • Michael E. DeBakey High School, Houston, TX

Teams will compete Saturday, May 19 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 20 at the WNET Tisch Studios, New York, NY.

“More than 5,760 students participated in this year’s Economics Challenge, and CEE will have the distinct pleasure of welcoming 32 of the country’s brightest to our National Championship this May,” said CEE’s President and CEO, Nan J. Morrison.  “Congratulations to all students and their coaches who took part this year.”

About the National Economics Challenge:
The CEE created the National Economics Challenge in 2000 to promote student interest in economics, reinforce classroom instruction, advance academics and school spirit and reward scholarship. In 2012, more than 1,500 teams of high school students participated in 33 states nationwide. The National Economics Challenge is one of several key initiatives in the CEE’s “Campaign for Economic Literacy” which seeks to focus public attention on the importance of economic literacy and the need for a high-quality, standards-based economics curriculum in every state.

About the Council for Economic Education:
The Council for Economic Education is the leading organization in the United States that focuses on the economic and financial education of students from kindergarten through high school. CEE trains educators to teach young people the fourth “R”—a real-world understanding of economics and personal finance—so that they will be able to make informed and responsible choices throughout their lives as consumers, savers, investors, citizens and participants in the global economy. Each year CEE’s programs reach more than 55,000 teachers and approximately 5 million students.


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