Introduction: The National Economics Challenge is hosted by the Council for Economic Education, a long-standing organization committed to equipping K-12 students with knowledge and tools of personal finance and economics. National Economics Challenge is the only annual economic competition for high school students. The competition tests students on their knowledge of the world economy, specifically microeconomics, macroeconomics, and international and current events. In 2019, more than 10,000 high school students participated in 45 states nationwide.
Competition Format: Three to four high school students form a group to participate in one of the three divisions (David Ricardo, Adam Smith, Milton Friedman). Within each division, there will be 3 rounds of competition: Round 1 – Microeconomics, Round 2 – Macroeconomics, and Round 3 – International Economics and Current Events.
Eligibility: High school students from all schools within the U.S. can participate. There are two divisions based on experience level: David Ricardo(for first-time competitors who have taken no more than one economics course) and Adam Smith(for returning competitors, AP, International Baccalaureate, and honors students) .