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The Council for Economic Education announces the ninth annual National Economics Challenge. The National Economics Challenge is the only national competition to foster interest among high school students in economics by recognizing their achievements and offering a fun and competitive way to showcase their knowledge. Students currently enrolled in an economics course may compete in one of two divisions. First place teams from each division in each state will advance to regional contests to be held April 27, 2009. Winning divisional teams from each region will receive an all-expense paid trip to New York City to compete for the national championship title on May 16-18, 2009.

The National Economics Challenge applies the excitement of an athletic competition to academic excellence. In each competition teams of students answer rigorous questions on microeconomics, macroeconomics, and international economics. The most exciting round is the final round conducted in an oral quiz-bowl format. Only the top two teams from the first three rounds compete in the final round. Try out some sample test questions.

State Competitions

Competitions will take place February to April. Each state competition will have two divisions. The Adam Smith division is for students enrolled in Advanced Placement (AP), International Baccalaureate (IB), honors, college level, or two-semester economics classes. Check the rules for more details. The David Ricardo division is for students enrolled in one-semester high school economics courses or less. Find out when and where your state competition will be held and whom to contact to register.

Regional Competitions

Each state will qualify two teams (one from each division) for the regional competition.

The regional configuration for the 2009 National Economics Challenge is below:

National Finals

The first-place teams from each division in the regional competitions will compete for the national championship in New York City on May 16-18, 2009. There will be two national champions--the Adam Smith national champion and the David Ricardo national champion. The best of the best will wear the national crowns and serve as models to raise the bar for excellence in economics.

Awards

Most state competitions provide awards for members of the winning teams and their teachers.

Members of the teams that win the regional competitions and their teacher each receive $1,000 U.S. Savings Bonds. Members of the second-place teams and their teacher receive $500 U.S. Savings Bonds.

Members of the national championship teams and their teacher receive $3,000 U.S. Savings Bonds and medals. Members of the second-place teams and their teacher receive $1,500 U.S. Savings Bonds and medals. The first-place and second-place teams also receive trophies.

Copyright © 2009 Council for Economic Education. All rights reserved.