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National Economic Challenge


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National Economic Challenge


ABOUT

Irvington DECA is excited to offer the National Economics Challenge for the second year! No experience in economics nor a CTE class is required to join or compete, as we have unlimited spots available.

The National Economics Challenge is a testing focused team competition for high schoolers based on macro/microeconomics concepts and knowledge of the world economy. Teams will consist of 3 to 4 competitors who compete in their region to qualify to the state and national levels. With thousands of dollars in cash prizes and an all expenses paid trip to NYC on the line, this is an amazing opportunity to learn about economics, knowledge that's applicable not only in the business world but the vast majority of career paths as well. 

In order to help competitors, we will be providing practice tests, optional content lessons, and additional materials to help you excel, but most content will be self-paced meaning low time commitment. All material here will also be helpful for those who are taking the AP Macro/Micro economics exam. If you've already taken the exam, this will be a great way for you to compete for awards on knowledge you're already familiar with. 

How NEC Works


How NEC Works


There are 2 different divisions in the National Economics Challenge States Competition:

Adam Smith (Advanced)

Participants will be enrolled in AP, IB, honors, and college level classes taught by a secondary teacher or an experienced competitor

David Ricardo (Beginner)

Open to first time competitors who have not taken an AP or advanced economic class


States Qualifier Test:

30 questions in total, 35 min multiple choice

The top 3 scores from each team are added to determine which teams qualify to State Finals

State Finals:

Round I: Microeconomics

Round II: Macroeconomics

Round III: International Economics, Current Events, and Applied Policy Issues

Round IV: David Ricardo/Adam Smith Quiz Bowl


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Achievements


Achievements


2020-21 Results:

  • Second Place Nationally in the David Ricardo Division out of over 55,000 participants, winning a total of $2,500 in prize money

  • California State Champions in the David Ricardo Division

  • California State Finalists in the Adam Smith Division