New York, NY (PRWEB) June 19, 2011
California Council on Economic Education (CCEE), a leading economic and financial literacy education organization, recently announced that San Jose, California’s Harker School placed first in California and third in the nation in the National Economics Challenge Championship in New York City.
Teacher Peter Itokazu led the winning student team, comprised of Albert Wu, Karthik Dhore, Ramya Rangan and Jason Young.
The California Economics Challenge, sponsored by 3M and CCEE, and the National Economics Challenge foster interest in economics among high school students by recognizing their achievements. It offers an entertaining and competitive way to showcase what students have learned in their twelfth-grade economics course.
At the National Economics Challenge Championship, the title is decided in a heated, quick-paced oral quiz-bowl round. Test questions are based on micro, macro and international economics, such as explaining what would lead to a decrease in aggregate demand and calculating the real rate of interest.
“All of us at the CCEE are very proud of the students and Mr. Itokazu for their impressive performance,” said CCEE Chairman William Coffin. “Placed on a statewide and national platform, this talented team rose to the top of some of the most elite schools and students in the country. More importantly, these students gained experiences and skills that will help them prosper in this complex global economy.”
About California Council on Economic Education
California Council on Economic Education (CCEE) is a nonprofit organization dedicated to advancing the economic reasoning and financial literacy of California students. CCEE’s focus is preparing students to participate in the global economy by providing educational programs and materials to K–12 teachers. More information about CCEE’s professional development workshops, programs and student contests can be found at http://www.ccee.org.