The National Euro Challenge Competition
Explore the Euro Challenge through Global Classroom’s Workshop
This is a competition for 9th and 10th grade students passionate about world history, European studies, economics. The program, developed by the Delegation of the European Union to the United States, aims to increase students’ knowledge of the Euro Area and its single currency, the euro, through a unique learning experience that moves students out of the classroom into the real world.
Working in teams of 3-5, students make presentations to a panel of judges about the current state of the economy in the Euro Area. They also select a country and then identify, explain, and recommend a policy or policies to address an economic challenge facing that specific Euro Area country. Students in Washington State will compete in the preliminary competition on Saturday, March 11, 2016, at the University of Washington. The judges will select one team to advance to the semi-final rounds that take place at the Federal Reserve Bank in New York City in April (all expenses paid).
The competition does not require previous knowledge of economics or Europe. Students and teachers can gain access to an array of educational resources and training materials on our website: http://www.euro-challenge.org. Free orientations, webinars, and news flashes are also provided throughout the year.
Help your students experience the history that is unfolding before our eyes in the Euro Area. Register to participate in the Euro Challenge 2017! Participation is FREE!
The Competition Task:
The Euro Challenge competition for 9th and 10th grade students tests their knowledge and understanding of the European economy and the euro, the currency shared by many of the 28 countries of the European Union (EU). Student teams will be challenged to make 15-minute presentations in which they are required to:
- Describe the current economic situation in the euro area (the economic region consisting of the 19 EU member countries who have adopted the euro).
- Select one economic-related challenge confronting the euro area as a whole (see list below), and pick one of the 19 member countries of the euro area to illustrate that challenge.
- Recommend a policy or policies for addressing the challenge you identified in the country you selected. Be sure to include in your recommendation a discussion of how having a single currency may or may not affect the policy choices for addressing the challenge.
Teams can choose one of the following economic-related challenges:
- Promoting Investment and Innovation
- Demographics and an Aging Workforce
- Banking Union and Financial Stability
- Globalization and Migration
- What Role Does Fiscal Policy Play in Promoting Growth?
- Tackling High Unemployment
- Living with a Single Monetary Policy
- How to Overcome Slow Growth?
- Inequality and Social Spending
- Register your team by January 2017
- Washington Regional Competition: March 11, University of Washington
- Finalists will travel to New York City for the National Euro Challenge Competition April 2017
*Euro Challenge contributes 1500 euro towards airfare for finalists and their faculty advisers to travel to New York, as well as pays for 2 nights stay in NYC
In 2015, the top five winning teams received monetary awards generously provided by The Moody’s Foundation. The awards were $1,250 for each member of the first-place team, $1,000 each for second place, $750 each for third place, $500 each for fourth place, and $250 each for fifth place. The Moody’s Foundation also sponsored a trip to Washington, D.C. for the two top teams of 2015. We anticipate similar prize levels for 2016.
- High schools from all over the Unites States are eligible to participate in the Euro Challenge.
- The participation of one team, consisting of three to five 9th and 10th grade students in global studies, economics, world history/geography or European studies classes.
- One faculty advisor for the school team. Advisers will be invited to attend online or in-person orientations, and are required to attend the Euro Challenge competition rounds with their student team.
For more information, please email firstname.lastname@example.org or check out the Euro Challenge website at: www.euro-challenge.org
Euro Challenge 2016
Congratulations to The Northwest School on Winning the WA Regional Euro Challenge Competition!
In first place–and the team advancing to the National Euro Challenge Finals in NYC–is The Northwest School!
9th and 10th grade students Adele, Mia, and Tessa gave a 15 minute presentation on the Banking Union and Financial Stability in Greece, and participated in a 10 minute Q & A session with judging panels in Washington D.C. and New York. Judges were impressed by the students’ breadth of knowledge on issues related to the Euro Zone, and by their ability to relay complex information with clarify and confidence. The competition was entirely virtual, but Global Classroom had the chance to tune in and watch the students shine!
The team will travel to New York City for the National Euro Challenge Competition, and will go up against teams from across the U.S. This is the first Washington team ever to compete in the National Euro Challenge Competition, and we wish Adele, Mia, and Tessa the best of luck!
In second place was Glacier Peak High School.
Kyle, Evan, Cole, and Aidan, and Alexander presented on Rising Inequality and Social Spending in Austria, and did an excellent job outlining Austria’s unique role in the European Union.