Congratulations to Lehman College, winners of the Maiden Lane division.
The College 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. Teams can compete in one of two divisions–Maiden Lane or Liberty Street–depending on the level of economics-related courses taken by students. Leading up to the competition, New York Fed staff will be hosting orientations and a half-day boot camp for students. We also encourage all teams to visit the Fed Challenge resources hub, a shared resource for teams competing in the high school and college levels, for materials on the subject matter. Schools in the Federal Reserve's Second District are eligible to compete.
Forty-three teams competed in the preliminary rounds of the 2017 College Fed Challenge. Twelve teams advanced to the semi-finals and finals.
The College Fed Challenge is an unforgettable experience in economic analysis, monetary policy decision-making, public speaking and teamwork. Fed Challenge participants develop skills—the ability to think analytically, to make effective presentations, to work as a team, to think on their feet—that are valuable in both their academic and professional careers. To compete, teams of three to five students give a presentation on the economy and participate in a Q&A with the judges. Judges are New York Fed economists and staff who are experts on economics and monetary policy. The College Fed Challenge is designed to meet the following goals: to increase understanding of macroeconomics and the Federal Reserve's role in setting U.S. monetary policy and ensuring financial stability; to promote interest in economics as a subject for study and the basis
for a career; and to foster a cooperative relationship among students, teachers and the New York Fed.
Schools can participate in only one of two divisions. Orientations, boot camps and online resources to aid students as they prepare for the challenge are available. For questions or clarifications about eligibility, please contact Carmi Recto at
[email protected] or Graham Long at
[email protected].
If you have additional questions, contact the program manager, Carmi Recto, at
[email protected].