FOR IMMEDIATE RELEASE
Contact: Andrea Hanson
Mounds View High School, St. Thomas Academy, and Lake Crystal Wellcome Memorial Take Top Titles at Economics Challenge State Championship
St. Paul, MN – April 22, 2016 – Mounds View High School, St. Thomas Academy, and Lake Crystal Wellcome Memorial High School took the state champion titles in their divisions, Adam Smith (advanced placement), David Ricardo (large school), and Joan Robinson (small school), respectively, at the statewide Economics Challenge on April 20 at the Federal Reserve Bank of Minneapolis. Mounds View High School won the 2015 state championship as well and St. Thomas Academy won the 2014 state title. This is the first win for Lake Crystal Wellcome Memorial.
Second place teams were Edina High School, Adam Smith division, Cloquet Senior High, David Ricardo division, and Albany Area High School, Joan Robinson division. 19 teams from 16 schools competed in this year’s state competition. Over 240 students from across Minnesota competed in the 2016 competition, which included regional competitions and an online competition before the state competition.
In addition to team prizes, David Zheng of Mounds View High School won the 1st place individual award in the Adam Smith division for individual scores and was named 2016 “Economics Student of the Year”. Kassidy Steen of Cloquet High School and Charlton Wake of Frazee High School won the 1st place individual awards in their divisions as well.
Mounds View High School and St. Thomas Academy will advance to the National Semi-Finals on April 26 for a chance to compete at the national Economics Challenge in New York City in May. Eight different Minnesota high schools have reached the final four at the national level, more than any other state. Minnesota students have placed in the top four at the national finals 17 times over the last 15 years and have placed in the top two more than any other state.
Economics Challenge is held by the Minnesota Council on Economic Education and is sponsored by The Mosaic Company, TCF Bank Foundation and is hosted by the Federal Reserve Bank of Minneapolis. The competition provides an opportunity for students to demonstrate their economic knowledge.
For more information, please contact Andrea Hanson or visit MCEE at www.mcee.umn.edu. Photos from the event are on MCEE's Facebook page.