All high school students are eligible. Teachers may enter multiple teams in their qualifying divisions. There is no financial cost to teachers or students to participate in the EconChallenge ONLINE!
The "Adam Smith" division is restricted to students enrolled in AP, IB, honors, or college level courses. Economics courses that are two-semesters also fall in this division.
The "David Ricardo" division is restricted to high school students enrolled in one-semester or less course not labeled as AP, IB, honors, or college level.
We will also select a state qualifier from the "Joan Robinson" division. This division is for schools with an enrollment of less than 600.Students from these schools are allowed to participate in the Joan Robinson division for more than one year.
Students who have already competed in the David Ricardo division must compete in the Adam smith division in subsequent years, per national guidelines.
- Supervision must be provided for the online challenge to ensure legitimacy.
- Team members must be separated for the online challenge.
- Teams who have done well in the past have been known to form study groups before the challenge. We have also posted sample tests online.
- During the online challenge, each student is allowed a blank piece of paper and a pen or a pencil.
- Calculators, phones, or other electronic devices are not allowed. The use of internet or other resource materials is prohibited.
- Each student is given 35 minutes to complete the exam, however all team members must complete the exam within 3 hours.
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
- -5 points for each incorrect answer
- 0 points for each unanswered question
Please note the penalty for incorrect answers in developing your strategy for winning.
The winners of the Minnesota Econ Challenge ONLINE! who will be invited to State Competition will receive notification once the competition has ended.
To view the 2015 National Economics Challenge Rules & Eligibility Guidelines, click here.