Is the global economy heading from recession to depression? Why did a crisis in US mortgage markets wreak havoc in economies across Europe? The Euro Challenge, an academic contest now in its fourth year, pits teams of high school students against each other as they answer economic and financial questions to showcase their knowledge of everything from ballooning government deficits to rising unemployment.
This year, 72 high school teams from nine states (Connecticut, Florida, Michigan, New Jersey, New York, North Carolina, Massachusetts, Illinois and Pennsylvania) will compete in the Euro Challenge, which fosters a better understanding of the European and transatlantic economy and supports local learning objectives in the field of economics and finance. Regional rounds kick off on March 30 and culminate in the finals at the Federal Reserve Bank of New York on April 29.