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Iolani School (Honolulu, HI) defeated more than 1,200 teams from across the country to become the national champions of the 2010 National Economics Challenge Finals conducted by the Council for Economic Education. Student finalist teams from high schools across the country traveled to New York to compete in the only national economics competition for high school students. At stake were $15,000 in prize money, as well as trophies and bragging rights as the nation's best. The teams had each previously won state and semifinal competitions. Nearly 5,000 high school students in 32 states competed in the spring of 2010 to advance to the championship series. Student teams competing in the finals in New York City were Bellaire High School in Bellaire, TX, which took 2nd place; Carmel High School in Carmel, IN, which came in 3rd; and Long Beach Polytechnic High School, in Long Beach, CA, which came in 4th place.
The National Economics Challenge is the only national competition to foster interest in economics among high school students by recognizing their achievements and offering a fun and competitive way to showcase their knowledge. It is made possible by generous support from the US Department of Education, CEE Board Member Barry Haimes, and the Stiles-Nicholson Foundation. The Challenge applies the excitement of an athletic competition to academic excellence and encourages students to apply their economics knowledge, work in teams, and is not only fun, but offers prizes. In each competition teams of students answer rigorous questions on microeconomics, macroeconomics, international economics and current events. At the National Championship Finals, the title is decided in a heated competition in a quick-paced oral quiz-bowl round. Try out some sample test questions. Competitions are held at the state, national semifinal and national championship levels. At the national level there is one open division, and all students currently enrolled in high school may compete in the Challenge. Check the rules for more details.
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