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Econ Challenge


Saint Joseph High School
Regional Adam Smith Division Champions
2013, 2012, 2010, 2009, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000
 

What Is the Indiana Economics Challenge?   

The Indiana Economics Challenge is an opportunity for teams of four high school students to demonstrate their knowledge on a broad array of economics topics in an atmosphere where economics knowledge is tested and recognized and where competing is FUN.  Indiana students enrolled in high school economics or other courses in which introductory economics concepts (social studies, business, personal finance) are taught for credit during the academic year (taught by a secondary teacher) are eligible to compete.  Students compete simultaneously at three Indiana sites and participate in one of two divisions: Adam Smith or David Ricardo. 

The Adam Smith Division is for students enrolled in Advanced Placement (AP Micro, AP Macro, or AP Micro and Macro), International Baccalaureate (pre-IB and IB), honors, two-semester, or any other advanced courses in economics. Teams of four students are tested in areas of microeconomics, macroeconomics, international economics and current events using a multiple-choice, pencil and paper test for three rounds.  In Rounds 1 and 2, each team member completes the tests with the lowest score being dropped.  In Round 3, the multiple-choice test is taken by team members together.

The David Ricardo Division is for students enrolled in one-semester (or less) general economics courses or courses which include introductory economic concepts (social studies, business, personal finance, etc.) Like the Adam Smith Division, students take a multiple-choice pencil and paper test for three rounds.  Students are tested in the same areas as the Adam Smith Division; however, the questions for the David Ricardo Division may have a greater emphasis on economic application and less emphasis on economic theory than the questions for the Adam Smith Division. In Rounds 1 and 2, each team member completes the tests with the lowest score being dropped. In Round 3, the multiple-choice test is taken by team members together.

Following the first three rounds, the top two teams in each division at each site meet in an oral Quiz Bowl to answer questions on a wide variety of economics topics.  The winning teams of the oral Quiz Bowl from each division at each site have their written test scores compared to determine the state champions.

For more information contact Mrs. Julia Chismar at jchismar@saintjoehigh.com