Congratulations to the 2010 Massachusetts Economics Challenge Winners!
Belmont High School Wins the 2010 Massachusetts Economics Challenge
Boston, Massachusetts (March 10, 2010) – On Monday March 8, the Federal Reserve Bank of Boston hosted an important state-level economics competition as part of the 2010 National Economics Challenge.
Over one hundred students from high schools across Massachusetts competed on school teams to demonstrate their knowledge of microeconomics, macroeconomics, and international/current economic events. Participating schools included Belmont High, Bromfield School, Dartmouth High, Dorchester High, Gloucester High, and St. John’s Preparatory School.
The state championship was won by the “Inferior Goods” team from Belmont High School consisting of students Andrew Carey, Chelsea Zhang, Daniel Song, and Tim Hatch. The runners-up were also from Belmont High, with “Invisible Handshake” team members Andy Whitworth, Pamela Shapiro, Martin Richard, and Chris Stadler.
Belmont High teacher Bryan Corrigan was clearly pleased with his students’ excellent performance. “I am so proud of all our participants. It is great to see their hard work in the classroom pay off. I see how passionate they are about the subject every day. They appreciate the opportunity to travel to the Fed and be recognized for their hard work and enthusiasm in the field of economics.”
The Belmont High state champions went on to represent Massachusetts in the National Semifinals on April 26, 2010.
Margaret Brooks, president of the Massachusetts Council on Economic Education, stated “The Massachusetts Economics Challenge is truly a collaborative effort. Not only do students work together in teams during the competition itself, but there are also many sponsors and educators who work together to make the day a success.” The Massachusetts Council on Economic Education received a grant from the Council for Economic Education to assist with funding the competition. The Federal Reserve Bank of Boston provided additional funding, resources and expertise. Fed staff members Scott Guild, Director of Economic Education, and Albert Barnor, Economic Education Specialist, offered key leadership and support for running the event. In addition, faculty members and students from Bridgewater State College, Salem State College, Framingham State College, and North Shore Community College volunteered their time to help out with grading and planning. With so many people working side by side to make the day a success, the Economics Challenge provided a winning experience to all the Massachusetts students who participated.
