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High School Fed Challenge

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 pdf
New York Fed
1/21/10
 
 
Student Orientation
Team Registration »
New for 2010 pdf
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: