Feb 23, 2019

EconChallenge

  • Crimson Education
  • United States
University Selection Competition Skill Building Other

Description

On an annual basis, the State Council's on Economic Education, with support from the National Council on Economic Education, hosted by the Economics Challenge Program (EconChallenge). The Challenge is an opportunity for students to demonstrate their knowledge of Economic Literacy by competing with other students across the state in written and "Quiz Bowl" examinations. Student participants receive certificates of recognition, awards and accolades.

The Council for Economic Education will host the 19th Annual National Economics Challenge in New York City on May 18 – 20, 2019. Cash prizes, trophies, and medals for the top teams at nationals. Rounds will cover Microeconomics, Macroeconomics, International and current events. There will be critical thinking rounds and quiz bowl rounds and an international round. The Top 4 National EconChallenge Winners receive:

1st place - $1,000 USD

2nd place - $500 USD

3rd place - $250 USD

4th place - $200 USD

Teams who qualify for the National Competition receive an all expense paid trip to New York City and a tour of the New York Stock Exchange.

For more information visit the offical website here.

Type of Opportunity

Extracurricular Activity

Age Range

N/A

Competitiveness

2/5

Participation in the online EconChallenge exam is open to all registered US students from ages 14-18.
However, the top 5 teams from each test go to their region for State Championships.

Winners from the state championships then proceed to the National Semi-final testing phase. Only the top 4 teams receive an all-expense paid trip to New York to compete at the national level.

Participation Cost

$

The EconChallenge ONLINE! Portal is hosted and supported by the Nebraska Council on Economic Education, therefore there is no entry fee. All expenses are paid for students who reach the final stage and compete at a national level in New York.

Minimum Technical Skill Needed

2/5

Students are encouraged to take the EconChallenge ONLINE! Practice Tests leading up to the online exam.
In order to succeed, participants will need to have a comprehensive understanding of microeconomics, macroeconomics, international economics / current events, and have excellent critical thinking skills. However, no formal courses in economics are required.

Time Commitment

2/5

There are several online exams, and the semi finals and national finals take place over a few days. The exams involve prior practice and study leading up to the event.

Application Deadline

Teams must be registered within January 22nd - March 1st 2019, when the online exams are open.

Application Process Includes

The application process for this competition involves registering a team online before taking one of three online exams. The top five teams of each test and region are announced and notified by email, and then the top 5 teams of both tests (in each region) meet for competition at the National Semi-finals.

Here, each team who advances from state competition completes a proctored exam at their high school.The National Competition in New York involves the top four teams from the National semifinals will receive an all-expense paid trip to New York to compete at the national level.

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