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Econ Update,
Table of Contents
EconomicsWisconsin
The Wisconsin Economics Competition Back Bigger and Better Than Ever! The
Wisconsin Economics Competition is a statewide competition designed for
high school juniors and seniors. The
competition is conducted in two divisions.
The “Advanced” division is for students who are taking Honors
or an A/P economics course. The
“General” division is for any student who is interested in
economics. This
year we will have three regional competitions.
They will be held in Oshkosh on April 28th, Madison on May 2nd
and Milwaukee on May 5th. The
Competition will run from 9:30 a.m. to 2:30 p.m.
Sites for the competitions will be announced at a later date.
A
minimum of sixteen (16) teams needs to be entered to have a regional
competition. One school may
enter up to two teams. Preferably
there will be eight teams in each division.
The team with the top score of all regional scores for each
division will represent Wisconsin in the 7th District Federal Reserve
Bank’s Econ Challenge in Chicago, Illinois. There
is no cost to enter. University
economists, volunteer business leaders and friends of economic education
will help conduct the regional competitions. All participants will
receive a commemorative gift and a free lunch.
The top team from each division of each region will receive a
permanent trophy for the school, individual medals for the students, $25
cash
The
day of competition consists of a morning session and an afternoon
session. Each session will
have two activities going on at the same time.
One activity will have eight teams taking written tests.
The other activity will involve eight teams in a face-to-face
oral question and answer test. After
the morning session, the students will get together for an “open
seating” lunch to share some fellowship and talk about local, state
and international economic issues. In
the afternoon session, the sixteen teams will switch activities. At
the end of the afternoon session, each student’s tests will be scored
and the winning teams will be announced. The
written test activity will consist of five tests of approximately twenty
(20) questions each. The
test topics are the following: Potpourri
- 30 minutes - teams Micro
economics - 20 minutes - individual Macro
economics - 20 minutes – individual International
trade - 20 minutes - individual Current
events - 30 minutes – team The
first team test will involve four students each from different schools.
They may discuss the question, and each team member can record
their own independent answer. The
second team test will involve the four team members from the same
school. They can discuss
the questions and only one answer is recorded as the team’s answer. The
oral test will be a face-to-face competition.
A team’s opponent will be determined by the luck of the draw.
Each team, on an alternating basis, will be asked fifteen
questions. There will also
be ten “toss-up” questions. The
team that first “buzzes in” after
the question has been asked will have the first chance to answer the
question. Only on the
“toss-up” questions, if the first answer is wrong, does the other
team have a chance to answer the same question. This
event was developed to bring students from around the state together to
enjoy a day of fellowship and analyze current economic issues using a
reasoned approach. Try it!
We think the students will like it.
EQ and You
Governor Receives
Award Back
2000 ASET Meeting We
think that this may be the best session yet. Talk it up with your
colleagues. We would like
to double the attendance from last year.
2000 Excellence In Teaching
Economics Awards Back Award
winning teachers will receive a commemorative award and the following
cash awards:
Successful
programs have encouraged students to use economic reasoning to
understand how our economy works, are innovative and exciting in
approach, fit the context of the school curriculum, and are completely
described. Teachers
across the state benefit from this program by being able to replicate
this new and innovative work in their classrooms. The
Elementary Teachers Awards Program is sponsored by the Menasha
Corporation and the Secondary Teachers Awards Program is sponsored by
Robert W. Baird & Co. Both
of our sponsors have been leading supporters of economic education in
Wisconsin for over 25 years.
A
way for you to say thank you for their support is to enter the
competition.
Economics Poster
Contest Under Way Back If
you need lesson plans to demonstrate the concepts, call the Wisconsin
Council on Economic Education and ask for the “Economics for Kids”
lesson plans. Twelve
winners will each receive a $50.00 U.S. Savings Bond.
The state winners will be entered in the 7th District Federal
Reserve Bank’s Calendar competition. This
is a great way to prepare your students for the 4th and 8th grade
assessments on the economics standards.
Details for entering are on our website, WisEcon.org,
or by contacting the Council office or your nearest Center for Economic
Education.
Applications for
NASDAQ 2000 Teaching Awards Now Available Back
EconomicsWisconsin |