Transportation and hotel rooms for teams that advance to the regional competition in Chicago are paid for by the sponsors. Economics Challenge is co-sponsored by the Indiana Humanities Council and the Goldman Sachs Foundation. Econ Challenge is an opportunity for teams of four high school students to demonstrate their knowledge on a broad array of economics topics and subjects. The program is competitive and fun and offers an opportunity to travel and meet with other students in an atmosphere where economic knowledge is tested and recognized. All Indiana high school students are eligible to compete in Econ Challenge 2001.
Students compete simultaneously at three Indiana sites.
Teams participate in one of two divisions, Theory or Real Life. Students enrolled in AP economics courses must compete in the Theory Division. All other teams may compete in either division. The Theory Division is open to teams made up of four students. Students are tested in areas of microeconomics, macroeconomics, international economics and history of economic theory as well as economic history and current events using a multiple-choice, pencil and paper test for three rounds.