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Dublin High School Team Takes 3rd Place in 19th Annual National Economics Challenge

May 24, 2019

DUBLIN, CA–Dublin High School was one of 16 U.S. finalist teams selected to compete at the 19th Annual National Economics Challenge in New York, sponsored by the Council for Economic Education (CEE). More than 10,000 students competed nationwide to represent their states in the finals. Dublin’s team is coached by DHS Assistant Principal Jennifer Nickl.

The only one of its kind, CEE’s NEC builds critical thinkers and tomorrow’s leaders. The NEC recognizes exceptional high school students for their knowledge of economic principles and their ability to apply problem-solving and critical-thinking skills to real-world events.

“Not only does the NEC allow students to collaborate, but it offers them an engaging way to learn economics, which is so important in life,” said Nan J. Morrison, CEE’s President and CEO. “Each year I am so impressed by the caliber of students participating in the NEC. This competition ably demonstrates the intellectual strength and potential of tomorrow’s leaders.”

The competition covers microeconomics, macroeconomics, international and current events in both critical thinking and quiz bowl rounds, and students compete in one of either two divisions depending on their level of experience. The Adam Smith division is for advanced placement, baccalaureate and honors students. The David Ricardo division is for semester general economics students participating in the NEC for the first time.

The National Economics Challenge was emceed by Andrew Ross Sorkin, a financial columnist for The New York Times and a co-anchor of CNBC’s Squawk Box.

OneDublin.org: What was the process leading up to being selected to compete in NYC?

“We formed a team and first had to take a preliminary test online. After doing well on that test, we advanced to the state round in the Federal Reserve Bank of San Francisco with the top 8 teams from the state in each division. After winning the state round, we took a paper test at school for the national semi finals. The semi finals were all the state winners competing. After making top 8 in semi finals, we advanced to the national finals in New York where we placed 3rd out of the 8 finalists.”

OneDublin.org: For students thinking of participating in a future National Economics Challenge, what are the prerequisites? What advice do you have?

“The only prerequisite is to not have taken an econ class taught by a college professor or in a college other than that anyone can take it. No prior knowledge is required and you only need a passion to learn econ. For advice I’d recommend practice, practice and practice. There’s a lot of great resources online (like Mr Clifford) who make learning econ very fun and very engaging. Also just think about as many econ questions as possible …then do as many practice problems as you can.”

OneDublin.org: What are the key skills you learned through the experience?

“The key skills we have learned throughout the competition are teamwork and just economics knowledge. Econ is very important as it helps you make decisions about everything in life. It also teaches you a lot about government policy, how the world works, and how people react and behave. The economics we learn in school does not come close to what we learned from this competition and I think what we learned from this is very important and makes us more informed people.”

OneDublin.org: Finally, what did you expect going into the competition?

“What we did expect was to have a good and fun time in New York, see some cool places and meet some new people and I think we did all that. Getting 3rd was beyond any of our expectations especially when we first started and even when we were going into the national finals. Seeing what it takes to get to the top has just made us hungrier to grow and compete to win it next time!”

State champion teams that participated in the 19th Annual National Economics Challenge May 18-20, 2019, in New York City.

Adam Smith Division (for advanced placement, international baccalaureate and honors students):

  • Chattahoochee High School, (Johns Creek, Ga.)
  • The Harker School (San Jose, Calif.)
  • ‘Iolani School (Honolulu, Hawaii)
  • Lexington High School (Lexington, Mass.)
  • Montgomery High School (Montgomery Township, N.J.)
  • Mounds View High School (Arden Hills, Minn.)
  • Mount Hebron High School (Ellicott City, Md.)
  • Obra D. Tompkins High School (Katy, Texas)

David Ricardo Division (for students who have taken only a single economics course):

  • BASIS Scottsdale (Scottsdale, Ariz.)
  • Dublin High School (Dublin, Calif.)
  • Greenhills School (Ann Arbor, Mich.)
  • ‘Iolani School (Honolulu, Hawaii)
  • Lexington High School (Lexington, Mass.)
  • Mount Hebron High School (Ellicott City, Md.)
  • Olympia High School (Olympia, Wash.)
  • West Windsor-Plainsboro High School North (Plainsboro Township, N.J.)

About the Council for Economic Education:

The Council for Economic Education’s mission is to teach K-12 students about economics and personal finance so that they can make better decisions for themselves, their families and their communities. We carry out our mission by providing resources and training to K-12 educators and have done so for 70 years. Nearly 2/3 of the teachers we reach in-person are in low- and moderate-income schools.

 

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