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Semi-finalists announced for the 2019 National Economic Challenge

UPDATE: The 2019 National Finalists have been announced!


The following teams, numbering over 260 students from across the US, will be contending locally in the National Semi-Finals of the National Economics Challenge, the only competition of its kind that tests knowledge of economic principles and the ability to apply them to real-world events.

These semi-finalist teams, each consisting of 3-4 students representing their home state, are this year’s top competitors among over 11,000 contestants. They are split into two divisions, named for Adam Smith David Ricardo respectively.

On May 18-20, eight winning teams of the semi-final rounds will converge on New York City’s Downtown Marriott for the National Finals. Eighty students representing 10 provinces from China will be having their own semi-finals that weekend. Championship rounds both the Chinese and American teams take place on Monday, May 20. A final quiz bowl featuring the top American teams in each division competing with their Chinese counterparts will take place that afternoon.

Have a look at all the semi-finalists:

Adam Smith Division
The Adam Smith Division is for AP, international baccalaureate, and honors students (as well as any returning competitors).

Arapahoe High Shool, Centennial, CO
Badger High School, Lake Geneva, WI
Belleveue East High School, Bellevue, NE
Capital High School, Helena, MT
Carmel High School, Carmel, IN
Charter School of Wilmington, Wilmington, DE
Chattahoochee High School, Johns Creek, GA
Choate Rosemary Hall, Wallingford, CT
Crescent Valley High School, Corvallis, OR
Davies High School, Fargo, ND
Dowling Catholic High School, West Des Moines, IA
duPont Manual High School, Louisville, KY
Essex High School, Essex Junction, VT
Germantown High School, Canton, MS
Great Valley High School, Malvern, PA
The Harker School, San Jose, CA
Indian Hill High School, Cincinnati, OH
Iolani School, Honolulu, HI
Iowa City West High School, Iowa City, IA
Lexington High School, Lexington, MA
Lindbergh High School, St. Louis, MO
Long Beach Polytechnic High School, Long Beach , CA
Maggie L. Walker Governor’s School, Richmond, VA
Mercer Island High School, Mercer Island, WA
Montgomery High School, Skillman, NJ
Mounds View High School, Arden Hills, MN
Mt. Hebron High School, Ellicott City, MD
Obra Tompkins High School, Katy, TX
Pioneer High School, Ann Arbor, MI
Saint Ignatius College Prep, Chicago, IL
Scituate High School, Scituate, RI
Shawnee Mission Northwest High School, Shawnee, KS
Stuyvesant High School, New York, NY
University High School, Tucson, AZ
Virgil Grissom High School, Huntsville, AL
Wando High School, Mount Pleasant, SC
William G. Enloe Magnet High School, Raleigh, NC

David Ricardo Division
The David Ricardo Division is for first-time Challenge competitors who have taken one economics course.

BASIS Scottsdale, Scottsdale, AZ
Belleveue East High School, Bellevue, NE
Bob Jones High School, Madison, AL
Canyon Crest Academy, San Diego, CA
Clark High School, Plano, TX
Cloquet High School, Cloquet, MN
Davies High School, Fargo, ND
Dowling Catholic High School, West Des Moines, IA
The Early College at Guilford, Greensboro, NC
Dublin High School, Dublin, CA
Enterprise High School, Enterprise, OR
Germantown High School, Canton, MS
Greenhills School, Ann Arbor, MI
Heritage Christian School, Bozeman, MT
Hunter College High School, New York, NY
Iolani School, Honolulu, HI
Kirksville Area Technical Center, Kirksville, MO
Lafayette High School, Williamsburg-James, VA
Lexington High School, Lexington, MA
Melrose-Mindoro High School, Melrose, WI
Methacton High School, Eagleville , PA
Miami Palmetto Senior High School, Pinecrest, FL
Mt. Hebron High School, Ellicott City, MD
North Kingstown Senior High School, North Kingstown, RI
Olympia High School, Olympia , WA
Richland Northeast High School, Columbia, SC
Sandy Creek High School, Tyrone, GA
St. Xavier School, Louisville, KY
Valley / Valley Econ, Las Vegas, NV
West Windsor-Plainsboro High School North, Plainsboro, NJ

SKT, the organizer of the Chinese competition, put together this fantastic recap of their local rounds.


POSTED: April 19, 2019 | BY: Alan

#dollarandadream: Share smart spending decisions for Financial Literacy Month 2019

Financial Literacy Month, April 2019: #dollarandadream with @CouncilEconEd

Join the Council for Economic Education in highlighting smart financial decision-making throughout Financial Literacy Month in April by sharing an important financial decision you’ve made.

How have you used your money to benefit yourself or others? Did you give it to a friend, family member or an organization in need? Did you save it for an emergency fund… use it for a vacation with a friend… to treat a child in your life to an especially fun day… to be able to change careers or start a new business…to pursue a new interest… to join a gym to get back in shape.

Share your story on Facebook, Twitter, Instagram, or LinkedIn with the hashtag #dollarandadream and tag @CouncilEconEd. We’ll feature a number of stories throughout the April, from the 1st to the 30th. If you’re a teacher, we’d love to hear from your students!

We encourage you to include an image or a video that best illustrates your decision, whether it’s simply you smiling as you think of the joy it brought you or others, the currency of the country for a special trip you took, or that coffee maker you bought that saved you money and endless trips to the coffee shop.

Here are some helpful prompts to get you thinking about your post:

  • The best thing I did with a dollar was ________.
  • The best ($5, $10, $20, or money) I ever spent ________.
  • I changed someone’s life by ________.
  • A purchase of a few dollars saved me hundreds down the line: ________.
  • …or, come up with your own!

Happy posting! We very much look forward to hearing your stories!



POSTED: March 27, 2019 | BY: Alan

Teaching Teachers the Ins and Outs of Financial Literacy

“Education is the most powerful weapon which you can use to change the world.”  – Nelson Mandela

To fully appreciate this blog, we must first get real about the state of financial literacy in our country. 

The case for teaching teachers:

Research suggests that children begin developing attitudes and behaviors about money as young as six or seven, the same age most enter their first formal educational setting.  Surprisingly though, only 17 states require high school students to complete a course in personal finance.  According to the University of Wisconsin-Madison, 89% of teachers believe more should be done, but only 20% feel “very confident” to deliver any of the six curriculum topics surveyed.

Opportunity knocking…

In 2015, The North Carolina Council on Economic Education (Winner of the 2018 CEE Council of the Year Award) and Fidelity Investments® set out to change the narrative.  The original vision: Develop a stand-alone financial literacy professional development workshop designed to fully equip teachers with the resources needed to help students appreciate the importance of personal finance.  As the program quickly grew in popularity, so did a desire from educators to further improve their own understanding too.  Insert Jump$tatrt and their acclaimed “Financial Foundations for Educators” curriculum.  This combination of knowledge AND tools was the secret sauce for a lasting solution that continues to inspire financial futures today.  “Teacher Trainings” are now hosted in all 11 Fidelity Investments locations across the United States.

“When we can share our expertise, especially with the community, it’s an authentic way to give back and make a difference.”  – Pamela Everhart, Head of Regional Public Affairs and Community Relations, Fidelity Investments












Student impact multiplier effect: 

Since inception, the program has reached more than 1,400 teachers and, in turn, 150,000+ students.

I look back at my younger self and I think about what I wish I’d known.  To be able to introduce these concepts to my students means they’re getting a jump start in life.” 

Krista Scarlett, Teacher, Goffstown High School, NH.

With more and more young people acquiring student loan debt, the need for personal finance is more dire than ever.  CEE will continue to play our part and – together with you – help combat those earlier, opportunistic statistics…one deserving student and teacher at a time.

Learn more about our mission and visit our free K-12 teacher website, EconEdLink where you can find personal finance and economic lesson plans, digital activities, videos, webinars, and more.

POSTED: October 11, 2018 | BY: Daniel Thompson | TAGS: , , , , ,

2018 National Economics Challenge QuizBowl Finalists

Tomorrow is the 18th Annual National Economics Challenge Finals!

Congratulations and good luck to the USA and China teams who will compete in the QuizBowl for the Championship title:

USA David Ricardo Division:

  • Hunter College High School, New York
  • Monta Vista High School, California

USA Adam Smith Division:

  • Lexington High School, Massachusetts
  • Mount Hebron High School, Maryland

CHINA David Ricardo Division:

  • Shanghai Pinghe School
  • Shenzhen Foreign Language School, Team #3

CHINA Adam Smith Division:

  • WHBC of Wuhan Foreign Language School, Team #1
  • Shanghai High School International Division

Steve Liesman, Senior Economics Reporter for CNBC, will serve as the emcee and Raphael W. Bostic, President and CEO, Federal Reserve Bank of Atlanta will make a video appearance asking the students questions.

Tune in to see the finalists and the competition live. Here’s the line-up starting tomorrow morning:

Watch live to support your team!

~The National Economics Challenge Staff

PS: We will also be live tweeting throughout day. Follow us: @council4econed and the hashtag #EconChallenge.

POSTED: May 21, 2018 | BY: Daniel Thompson | TAGS: , , , , ,

KeyBank Foundation Gives Back to New York-Metro Teachers

KeyBank Foundation has donated $7,500 to the Council for Economic Education’s New York Center for Economic and Financial Education in support of K-12 financial and economic education in New York-Metro area schools.

The donation will provide professional development opportunities for New York teachers through two in-person workshops and two webinars. The Center will train 130 to 140 teachers who will, in turn, reach approximately 8,600 to 9,600 students. The teachers will receive Continuing Teacher and Leader Education (CTLE) credits for participation in these workshops.

“At KeyBank, we believe it’s never too early to introduce smart money management skills to young people, and help establish a foundation for Financial Wellness,” said KeyBank Market President Joseph Markey. “Giving teachers the skills and knowledge to bring financial literacy into the classroom is a great way to do this, and we are proud to support the initiative.”

KeyBank Foundation’s mission is to support organizations that prepare individuals such as teachers for thriving futures. This grant ties into their mission to support the workforce with the necessary skills, education and capabilities to further advance their professional careers and the futures of the children they serve.

“Currently, only 17 states require high school students to take a course in personal finance and only 20 states require high school students to take a course in economics,” said Nan J. Morrison, President and CEO, Council for Economic Education. “Even in states where requirements and standards are strong, very few teachers feel comfortable teaching financial topics. With KeyBank Foundation’s support, we are able to help close the knowledge gap.”

KeyBank Foundation, the nonprofit charitable foundation of KeyBank, serves to fulfill KeyBank’s purpose to help clients and communities thrive by providing meaningful philanthropic investments that transform lives. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service.

KeyBank has 54 branch offices serving individuals, families and businesses throughout its Hudson Valley/Metro NY market.

Representatives from KeyBank will be presenting the check on May 7th at 2 pm at KeyBank’s Tarrytown, NY office.

Further information:

To learn more about KeyBank Foundation’s mission, please visit: https://www.key.com/about/community/key-foundation-philanthropy-banking.jsp

Media and partnership inquiries, please contact April Somboun, Council for Economic Education, Director, Marketing & Communications, 212-730-6727.

POSTED: April 30, 2018 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , ,

Exciting new partnership: CEE & Kidfund

We are excited to announce we have teamed up with Kidfund to make it easier for families to save for their children’s future and college tuition. Kidfund is a socially powered savings app that lets families and friends contribute to the child’s account. The app engages the child in the process so they can understand the power of saving and watch their money grow.

This partnership is a natural extension of CEE’s mission to provide children with the knowledge and tools to create financial stability for themselves and their families. As a result of the CEE and Kidfund partnership, CEE will receive $10 for each new family that opens an account and starts to save to support its mission.

We hope you’ll sign up for your child’s free account today and/or pass along this information to others who you think can benefit from this. And, for a limited time only, families new to Kidfund will receive $5 when they sign up and start saving. The funds are held securely in individual accounts at USALLIANCE Financial. The accounts are completely free (no fee, no minimums), earn 3% interest on the first $500, and are FDIC insured up to $250,000.

To  learn more about the partnership and how to download the Kidfund app, please visit: https://www.kidfund.us/cee-partnership



POSTED: April 23, 2018 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , , , , , , , , , ,