Student Opportunities
Fed Challenge 2006
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.
The students that participated in Chicago on Tuesday, October 31, 2006, are David Fish, Matt Hagendorn, Jordan Heller, and Brad Hill. The team of advisors were from the Department of Economics and included Dr. Nodir Adilov, Dr. David Dilts, John Kessler, Dr. Hedayeh Samavati, and Dr. Carolyn Stumph.
Many thanks to Star Financial Bank for sponsoring the 2006 team.
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