How it Works
It's quite simple, really!
- Register as a teacher - Click here to register
- Teachers create student teams of 3 or 4.
- Select the appropriate test level for each team: Adam Smith, David Ricardo or Middle School. Click here for complete division eligibility rules.
- Adam Smith - For students enrolled in any two semester econ macro and micro course sequence or any course labeled as AP, IB, honors, or differentiated.
- David Ricardo - If you previously participated in the David Ricardo Division, you must register for Adam Smith in this year's competition.
- Middle School - If you are a middle school student/teacher, this is the place for you!
- After creating the teams, you will be given a unique access code for each student - which you can obtain when you are logged in.
- Distribute these access codes to your students when they are ready to take The Challenge.
- The Exam: Once competition begins, students can enter the EconChallenge ONLINE! website and complete a 30 question rapid-fire exam consisting of macro, micro, and international questions. Each student will be given 35 minutes, but all team members must work independently and complete the exam within 3 hours. No outside materials are to be utilized during the exam; i.e. no calculators, textbooks, etc.
- Scoring: The sum of the top three individual scores on each team make up the team score. Scoring on individual tests are as follows: +10 points for each correct answer , 0 points for each incorrect answer.
- The winners of the EconChallenge ONLINE! will receive notification by April 12th.
The highest-scoring Adam Smith teams and the highest-scoring David Ricardo teams across the state will be invited to compete in the State Finals competition.
The Adam Smith and David Ricardo winners from both divisions will compete in the national semi-finals round. That is, a total of two teams will represent California in the national semi-finals.
The California State finals will consist of four rounds of competition:
1. Microeconomics: 15 multiple-choice questions, answered individually. The top three scores from each team will be counted toward the team total.
2. Macroeconomics: 15 multiple-choice questions, answered individually. The top three scores from each team will be counted toward the team total.
3. International Economics / Current Events: 15 multiple-choice questions, answered as a team. Each team will submit one set of answers, to be counted toward the team total.
4. Quiz Bowl: 20 questions total for Adam Smith teams and 20 questions total for David Ricardo teams. Teams will earn points when they are the first to respond correctly to a question.
For the first three rounds of competition, there will be 10 points for each correct answer, and 0 points for each wrong answer, and 0 points for no answer. (Note: there are a maximum 450 points for rounds 1 and 2. The round 3 score will be multiplied by 3 for a total of 450 possible points.)
For the quiz bowl, there will be 20 points for each correct answer, and 0 points for each incorrect answer or no answer (not buzzing in or not being one of the first to buzz in). Therefore there are a maximum of 400 points that can be earned in the quiz bowl.
Consult the National Economics Challenge Rules & Eligibility for all complete rules.
* Please Note: No student is permitted to compete in the David Ricardo division more than one year. Any returning student who has already participated in the National Economics Challenge (at the state-level or higher) must compete in the Adam Smith division in subsequent years, regardless of previous or current coursework.