FOR IMMEDIATE RELEASE
Contact: Andrea Hanson
Minnesota High School Students Vie for State Title in Economics Challenge
When: 9:30 a.m. to 2:00 p.m., Wednesday, April 20 (final rounds begin at 12:30 p.m.)
Where: Federal Reserve Bank of Minneapolis
St. Paul, MN – April 18, 2016 – Minnesota looks to continue its winning tradition in the National Economics Challenge next week as 19 teams from 16 middle and high schools across the state participate in the state championship on April 20 at the Federal Reserve Bank of Minneapolis.
Minnesota students and their coaches have placed in the top four at the National Finals 17 times over the competition’s 15-year history and have placed in the top two more than any other state. Last year, Mounds View High School won the AP division of the national competition and they’re back this year to try to do it again.
“A strong background in economics is crucial to success in today’s global economy, and our students’ success in Economics Challenge shows how well-prepared they are,” said Donald Liu, Executive Director of the Minnesota Council on Economic Education (MCEE) at the University of Minnesota. “We have such talented and knowledgeable teachers in Minnesota, and this competition is a tribute to the high quality of teaching in the state.”
This year, students competing in the AP/IB/CIS Division represent the following schools: Eden Prairie High School, Edina High School, Moorhead High School, Mounds View High School, St. Thomas Academy (Mendota Heights), St. Cloud Technical High School, and Wayzata High School.
Students competing in the large school division represent the following schools: Barnesville High School, Cloquet Senior High, Moorhead High School, Mounds View High School, ROCORI High School, St. Thomas Academy, and Valley View Middle School (Edina).
Students competing in the small school division represent the following schools: Albany Area High School, Frazee High School, Jackson County Central High School, Lake Crystal Wellcome Memorial High School, and Underwood High School.
Students will take a series of multiple-choice tests in microeconomics, macroeconomics, and international economics and current events and qualifying teams will then compete in a quiz bowl to determine the state champion in each division. The highest-scoring teams in the advanced placement (AP) and large school divisions will advance to the National Semi-Final round, where the four highest scoring teams in each division advance to the National Final on May 20-23 in New York City.
Economics Challenge began in 1986, when Professor Curt Anderson, retired, University of Minnesota, Duluth, established the competition. In 2001, the competition became a national program. High School teams competed at regional competitions throughout the state and online to receive an invitation to the state finals. Minnesota’s Economics Challenge is supported by the Mosaic Company and TCF Bank Foundation with the state finals hosted at the Federal Reserve Bank of Minneapolis. The national Economics Challenge is sponsored by the Council for Economic Education.
For more information, please contact Andrea Hanson or visit MCEE at www.mcee.umn.edu.