FED CHALLENGE

MEMBERSHIP:  Open to juniors and seniors, grades 11- 12 ONLY

NUMBER OF MEETINGS:  Once a week from September to April

MEETINGS:  Once per week before or after school

CONTACT:  Mrs. Pennetti

EMAIL:  spennetti@rumsonfairhaven.org  

Fed Challenge is a competition against other high schools in the New York Federal Reserve district. The High School Fed Challenge is a competition designed to bring real-world economics into the classroom. Teams play the role of monetary policymakers by analyzing economic conditions and recommending a course for monetary policy. Students will compete in the Fed Challenge Competition, which takes place at the NY Fed in March or April.  Fed Challenge pursues the following goals:

• Increase the awareness and the understanding of the Federal Reserve’s economic role among students, teachers, and the public.
• Develop students’ research, cooperation, presentation, and critical-thinking skills.
• Promote interest in economics, not only as a subject for undergraduate and postgraduate study, but as the basis for a career.
• Foster a closer relationship between schools and the Federal Reserve Bank of New York.

The Fed Challenge is designed to bring real-world economics into the classroom and to allow students to use their economic knowledge to recommend monetary policy.  The program helps students gain a better understanding of the forces driving the economy and the impact of those forces on them.  The Fed Challenge pursues the following goals:

• Increase the awareness and the understanding of the Federal Reserve’s economic role among students, teachers, and the public.
• Develop students’ research, cooperation, presentation, and critical-thinking skills.
• Promote interest in economics, not only as a subject for undergraduate and postgraduate study, but as the basis for a career.
• Foster a closer relationship between schools and the Federal Reserve Bank of New York.