February 9, 2010: In light of the impending snowstorm, we are rescheduling the February 11, 2010 student orientation. More specific information will follow.
The Competitive division is now closed. We encourage you
to sign up for the Noncompetitive division. If you would like
to join a waiting list for the Competitive division, email
natalie.schubak@ny.frb.org
with Competitive waiting list in the subject
line. Teams will be entered in the order in which emails are
received and will be notified as openings become available.
2010 Competition Schedule
| |
HIGH SCHOOL |
LOCATION |
DATE(S)
(TENTATIVE) |
|
 |
| |
Faculty Advisor Orientation
Agenda
 |
New York Fed |
1/21/10 |
|
|
|
|
| |
|
New York Fed |
2/11/10
(postponed)
or 2/24/10 |
|
|
|
|
| |
Preliminary Round (Second District) |
New York Fed |
4/13/10
and 4/15/10 |
|
|
|
|
| |
Semi-finals and Finals (Second
District) |
New York Fed
|
4/30/10 |
|
|
|
|
| |
National Championship |
Washington, D.C. |
5/18/10 |
|
The Challenge
The High School Fed Challenge is a competition designed
to bring real world economics into the classroom. Teams play
the role of monetary policymakers by analyzing current economic
conditions and recommending a course for monetary policy.
The Federal Reserve Bank of New York invites high school teams
in the Federal Reserve's Second District* to enter.
*New York State; New Jersey counties of Bergen, Essex, Hudson,
Hunterdon, Middlesex, Monmouth, Morris, Passaic, Somerset,
Sussex, Union and Warren; and Fairfield County in Connecticut.
Goals
The goals of the Fed Challenge are to:
- increase understanding of macroeconomics and the Federal
Reserve's role in setting U.S. monetary policy,
- develop analytical thinking, research and presentation
skills along with cooperation and teamwork,
- promote interest in economics as a subject for advanced
study and the basis for a career, and
- foster a closer relationship between schools and the New
York Fed.
How it works
The Fed Challenge competition takes place at the head office
in New York City and in the Buffalo area. It is inspired by
the work of the Federal Open Market Committee.
High school teams, made up of three to five students each,
gather and analyze data and research in preparation for a
15-minute presentation that includes:
- an analysis of current economic and financial conditions
in the United States;
- a near-term forecast of economic and financial conditions
of critical importance in the development of monetary policy
(for example, U.S. unemployment, inflation, output);
- identification of risks to the U.S. economy that should
be of special concern for monetary policymakers;
- monetary policy recommendations with supporting reasons.
Following each presentation, is a 10 minute Q&A by a
panel of judges, comprised of Federal Reserve staff members,
professional economists, and educators.
More information:
High School Fed Challenge “HOW TO” Guide»
If you have additional questions contact:
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