Students head to New York City to compete in national finals
This week, Little Falls Community High School students will participate final round of the 13th Annual National Economics Challenge, hosted by the Council for Economic Education (CEE). As one of the top four scoring teams in the David Ricardo division, Little Falls and their coach have won an all-expense paid trip to New York City to compete in the National Finals.
To advance to the championship series, Little Falls first won the Minnesota State Economics Challenge and then outpaced 26 other schools in the National Semi-Finals. The winning team members are Brian McNamara, Aaron Nilsen, Eric Schmidt and Travis Spillum. Their teacher adviser is Tom Stockard.
In the National Economics Challenge, CEE applies the excitement of an athletic competition to academic excellence and encourages students to apply their economics knowledge and work in teams. Competitions are held in two divisions: the Adam Smith Division (for advanced placement, international baccalaureate and honors students) and the David Ricardo Division (for students who have only taken a single semester economics course). In each competition, teams of students answer rigorous questions on microeconomics, macroeconomics, international economics, and current events. At the National Finals, students complete rounds of testing, work in teams during a critical thinking round to solve a case problem, and compete in a quick-paced quiz-bowl for the title of National Champions.
“We applaud Little Falls’ success in qualifying for the National Economics Challenge,” says Donald Liu, Executive Director of the Minnesota Council on Economic Education, host of the Minnesota Economics Challenge. “Their success is a testament to Minnesota’s strong economics educators and students, both of which are so crucial in today’s changing global environment.”
The 2013 National Economics Challenge will be held May 18-19 in New York City. The Minnesota State Economics Challenge was held on April 7 at the Federal Reserve Bank of Minneapolis. It was sponsored by the Mosaic Company. You can watch the final round of the competition live on Sunday May 19th at 3 PM at WNET Studios at Lincoln Center in Manhattan at http://www.ustream.tv/channel/council-for-economic-education.
From left are: Travis Spillum, Aaron Nilsen, adviser Tom Stockard, Eric Schmidt, and Brian McNamara