Federal Reserve Challenge

  • The High School Fed Challenge Championship 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 New York Fed invites high school teams in the Federal Reserve's Second District to enter this competition.

    • increase understanding of macroeconomics and the Federal Reserve's role in setting U.S. monetary policy and ensuring financial stability,
    • promote interest in economics as a subject for study and the basis for a career, and
    • foster a greater understanding among students, teachers and the New York Fed.

    The club begins meeting in the Fall and begins to prepare ideas for the presentation. The students will have an opportunity to visit the Federal Reserve Bank in February to hear about the economy from prominent economists and Federal Reserve employees. The first round of competition begins in March where the team will present their perspective on the past, current, and future of the economy to judges comprised of economists and college professors.(My undergraduate economics professor was one of our judges last year.) Following the presentation the students will partake in a question and answer session. The competition is and excellent experience for the students and gives them an even further understanding of the complexities of the economy.