Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Board of Governors of the Federal Reserve System : Federal Reserve announces college Fed Challenge winners

share with twitter share with LinkedIn share with facebook
share via e-mail
11/27/2012 | 07:56pm CEST

Release Date: November 27, 2012

For immediate release

Northwestern University won the ninth annual national finals of the College Fed Challenge on Tuesday, a competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. The team, from Evanston, Ill., represented the Federal Reserve Bank of Chicago and included Geoffrey Bery, Nikhil Byanna, David Chen, Jonathan Cohen, Eric Zhang, and faculty adviser Mark Witte.

The finals were held in the Board Room at the Board of Governors as the capstone to five district competitions held around the country. The other national finalists were second place Bentley University, Waltham, Mass., with honorable mentions for American University, Washington, D.C.; Lafayette College, Easton, Pa.; and Pace University, New York, N.Y.

College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee.

"Fed Challenge offers students an exceptional opportunity to learn about the economy and monetary policy. I hope the experience heightened their interest in continuing to study economics. I congratulate all of the participants for producing presentations that demonstrated a comprehensive understanding of global economic events," said Federal Reserve Board Member Elizabeth A. Duke, one of the judges for this year's competition.

Teams competing in the finals gave 15-minute presentations and answered questions for a panel of judges. Teams were judged on economic analysis, responses to judges' questions, teamwork, and presentation. In addition to Governor Duke, judges for the finals this year were

Krishna Guha, executive vice president of communications, Federal Reserve Bank of New York and Robert Barsky, senior economist and research adviser, Federal Reserve Bank of Chicago. Teams competed in their local Reserve Bank Districts, and top teams moved on to the finals in Washington, D.C.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news
Date Title
03:24p WAL MART STORES : Studying in America
03:21p SKYE BANK : Trial of Chief of Air Force Staff, Amosu Stalled
03:20p HYUNDAI MOTOR : Tucson, Genesis Top Segments in J.D. Power Experience Study
03:20p BANCO SANTANDER CHILE : from Money Center Banks Todays Top Gains
03:20p DIAMOND BANK : Partners Microsoft, HP on SMEs Empowerment
03:20p LG ELECTRONICS : Stirs Market with OLED TV
03:20p SOLAREDGE TECHNOLOGIES : Guinness Atkinson Asset Management Inc buys $387,436 stake in Solaredge Technologies Inc
03:20p BAYERISCHE MOTOREN WERKE : BMW i8 Spyder to Launch by 2018
03:17p HSBC : Saudi Arabia raises US$17.5b in first global bond issue
Latest news
Hot News 
-8.12%Elliott Management Opposes GE's Offer for German 3-D Printer Maker SLM
-5.41%MOODY : Says Justice Department Preparing Complaint
4.21%Microsoft shares hit high as cloud business flies above estimates
12.75%FTSE steadies near one-week high; BAT slips
-2.85%BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal
Most Read News
10/21 BOMBARDIER : to cut 7,500 more jobs through 2018, mostly in rail
10/21 AT&T agrees in principle to buy Time Warner for $85 billion - sources
10/21 AMAZON COM : New NYC law, San Francisco lawsuit highlight global risks for Airbnb
10/21 PAYPAL : says some customers unable to make payments due to cyber attack on Dyn
10/21 ILIAD : awarded mobile spectrum in the French Overseas Departments (DOM)
Most recommended articles
10/21 Second wind for stocks as earnings turn positive
10/21DJTWITTER : Hundreds Evacuated from London's City Airport
10/21DJFACEBOOK : Employees Pushed to Remove Trump Posts as Hate Speech
10/19DJGold Prices Boosted by Weaker Dollar