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U of M Will Host Tennessee Economics Challenge April 1
For release: March 28, 2006
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The National Council on Economic Education will hold its sixth NCEE/Goldman Sachs Foundation National Economics Challenge for high school students this weekend. The state competition for Tennessee will be held Saturday, April 1, from 9:30 a.m. to 1:30 p.m. at the FedEx Institute of Technology at the University of Memphis.

Members of the winning Tennessee teams, and their teachers, will each receive a $500 savings bond and an all-expenses paid trip to the regional competition in Chicago. Each member of runner-up teams will receive a $100 savings bond.

Competitions will be held in 35 states; state winners will compete in four regional contests. Regional champions will vie for the national title in New York City in May.

This is the fist time the U of M has hosted the statewide contest, which will include 12 teams competing in two divisions. The David Ricardo division includes students enrolled in one-semester (or less) general economics courses or courses that include economic concepts. The Adam Smith division is made up of students enrolled in Advanced Placement, honors, or other advanced courses in economics.

The competition consists of four rounds. In the first two rounds, individual team members answer 20 multiple-choice questions on microeconomics and macroeconomics. In the third round, the team completes a 20-question multiple-choice test on international economics and current events. The fourth round is an oral "quiz-bowl" round covering all aspects of economics.

The Economics Challenge is sponsored by ServiceMaster and The Commercial Appeal, with additional support from MLGW, the Federal Reserve Bank Memphis branch, Oak Ridge National Laboratories, and the Goldman Sachs Foundation

For more information, contact Dr. Julie Heath by phone at 901-678-5927 or via email at jheath@memphis.edu

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Last updated: 03/18/2008 16:21:18
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