The Fed Challenge is a national competition sponsored by the Federal Reserve Board. In this competition, teams of three to five students assume the role of advisors to the Federal Open Market Committee in the conduct of monetary policy. Teams make a twenty-minute presentation and are then questioned by a panel of Federal Reserve in Washington for the final competition. IPFW competes in the regional competition held by the Federal Reserve Bank of Chicago.
The competition encourages students to apply theoretical topics in macroeconomics and monetary policy to the actual, current economic situation. The competition requires students to assemble and process current macroeconomic information and data. It also requires students to move beyond a theoretical understanding of monetary policy into a detailed understanding of the implementation of monetary policy. Participants are expected to develop a very professional presentation style.
IPFW first started competing at the Fed Reserve Bank in Chicago in 2006.
Seven students from Indiana University-Purdue University Fort Wayne (IPFW) went to Chicago. The IPFW team consisted of Joshua Drudge, David Kimmey, Jonathan Miller, Shahin Modarressi, Thomas Motter, Preston Patillo, and Tony Zimmerman. They are coached by Dr. Nodir Adilov, Prof. John Kessler and Dr. Myeong Hwan Kim.
The IPFW team consisted of Brock Artfitch, Elizabeth Foust, Jason Kochenderfer, Christina Landrigan, Shahin Modarressi, Thomas Motter, and Preston Patillo. They are coached by Dr. Nodir Adilov, Prof. John Kessler and Dr. Myeong Hwan Kim.
The IPFW team consisted of Staci Bougher, Eldin Hasic, Jason Kochenderfer, and Elizabeth Krueckeberg. They are coached by Dr. Nodir Adilov, Prof. John Kessler and Dr. Myeong Hwan Kim.
The IPFW team consisted of Kyle Knerr, Elizabeth (Betsy) Krueckeberg, Kevin McKay, Brad Steenport, Alix Hughes, Nick Rolf, and Kidus Dirasse. They are coached by Nodir Adilov, assistant professor of economics.