EconChallenge

Get ready for the New Jersey State Econ Challenge ONLINE!

The 2021 New Jersey State Econ Challenge ONLINE! is underway!

The New Jersey State Econ Challenge ONLINE! is a fun and free way for students to flex their intellectual muscle and test their knowledge of economics. Sponsored by the Council for Economic Education, the Challenge encourages students to apply their economics knowledge by competing with other students from across the state. In 2021, there will be two high school divisions in the New Jersey State Econ Challenge ONLINE!. All high school students are eligible to participate.

Teachers and students throughout New Jersey will be able to participate regardless of budgetary constraints. Each team will complete online exams that cover topics in microeconomics, macroeconomics, international economics and current events for a chance to participate in the National Semi-Finals and the National Finals which will both be held virtually again this year. At the National Finals, the title is decided in a heated competition including a critical thinking round and a quick-paced virtual quiz-bowl.

There is no cost to either teachers or students to participate in the New Jersey State Econ Challenge ONLINE! competition

ELIGIBILITY

Any team of students interested in economics is encouraged to compete and schools may enter multiple teams. All members of a team must be enrolled for high school credit at some time during the 2020-2021 academic year.

PRIZES

New Jersey Competition:

  • All participating teams will receive certificates of participation.
  • The winning team will advance to the National Sem-Finals Competition to be held between May 3 - May 20, 2021.

National Semi-Finals:

  • State Champions compete online to determine which teams from each division will advance to the National Finals.

National Finals:

  • The top teams in each division from the National Semi-Finals will be selected to participate in the National Finals on May 22-24, 2021. Teams will compete online for top awards and honors.
  • Each member as well as one coach from the top four USA teams of the National Economics Challenge will receive a medal and certificate of their accomplishment as well as a cash prize corresponding to their team’s rank:

    1st place: $1,000
    2nd place: $500
    3rd place: $250
     

DIVISION ELIGIBILITY

All high school students are eligible. No formal courses in economics are required. Any team of students interested in economics is encouraged to compete. Schools may enter multiple teams in their qualifying divisions.

DIVISIONS

The Adam Smith division includes teams of students, currently or previously, enrolled in Advanced Placement (AP Micro, AP Macro, or AP Micro and Macro), International Baccalaureate (pre-IB and IB), honors, two courses, or any other advanced courses in economics (including courses taught by a secondary teacher where students earn college credit). The course must be taught by a secondary teacher. Students may participate in the Adam Smith division multiple times.

The David Ricardo division includes teams of students currently or previously enrolled in one general economics course (or less), or courses which include introductory economic concepts (social studies, business, personal finance, etc.). The course must be taught by a secondary teacher. Students who have never taken an economics course are eligible to compete. Students may only participate in the David Ricardo division one time.

TIMELINE

Once registered online and activated by the challenge coordinator, teachers can immediately start to create their teams.

Complete information about dates for New Jersey can be found on the "Dates and Times" menu item to the left. Once the Challenge begins, students from around the state will be able to demonstrate their economic literacy through an online rapid fire exam.

CHALLENGE PREPARATION

Information on competition procedure, resources and sample tests can be found at: https://www.councilforeconed.org/national-economics-challenge/