Students at Little Falls Community High School (LFCHS) retained their state champion title in the David Ricardo, or large school division, of the statewide Economics Challenge on April 8 at the Federal Reserve Bank of Minneapolis. Cloquet High School took second place. Little Falls Community High School also took first place in 2012.
Students Brian McNamara, Aaron Nilsen, Eric Schmidt and Travis Spillum won the championship. Eric Schmidt and Travis Spillum also won 1st and 2nd place individual awards, respectively, in the David Ricardo division for individual scores. Tom Stockard is the coach.
The team will competed in the national semi-finals Tuesday, April 16, with the top four national teams in the large school division invited to the national competition in NYC in May. In 2012, Little Falls Community High School took 1st place at the national competitions. Tom Stockard was coach. Thursday morning, Stockard still hadn’t received results of Tuesday’s competition.
“They have not contacted me yet. Tests were sent overnight delivery on Tuesday and I suspect we will be notified by the end of the week — I hope,” he said.
Economics Challenge is held by the Minnesota Council on Economic Education and is sponsored by Mosaic Co. and the Federal Reserve Bank of Minneapolis. The competition provides an opportunity for students to demonstrate their economic knowledge. Over 70 teams from across Minnesota competed in 2013’s competition.