Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 


Economics challenge attracts record numbers


Economics challenge attracts record numbers

Top high school economics students will have their knowledge tested at the annual ANZ Massey Economics Challenge, to be held simultaneously at Massey’s Albany and Manawatū campuses on August 30.

With a refreshed format for 2013, the competition has attracted a record number of participants and competition for the winners’ trophy is expected to be intense.

Economics lecturer and Albany event organiser Dr Brendan Moyle says the number of Auckland schools taking part has doubled this year with 15 schools across the city entering teams. In Palmerston North competitor numbers have remained steady, with Stratford High School competing for the first time.

“I think the new format has really removed some of the barriers for entry, and the competition is now more focused on economics knowledge rather than presentation skills,” Dr Moyle says.

The 2013 Economics Challenge will consist of three rounds:
• Round one will be a multiple-choice quiz based on the NCEA curriculum. All teams will have the opportunity to answer all questions.
• Round two will see each team presented with a question exploring different aspects of the New Zealand economy. Teams that answer the question well will be given a bonus follow-up question; if a team is unable to answer, the question will be thrown to the other teams to answer.
• Round three will be a quick-fire round of general economics questions, with questions being answered by the first team to hit its buzzer.

“Teams that are familiar with economics and the New Zealand economy, and also read newspapers and keep up with current debates will do well,” Dr Moyle says. “We want to see if students can apply their textbook knowledge to understanding the real world.”

Dr Moyle says the quick-fire round questions will be varied and interesting. “While this competition will give students a bit of feedback on how they are going with their studies, we also want to show them that economics isn’t dull, that what we do can be really fascinating.”

Manawatū competition organiser Associate Professor Rukmani Gounder says the event gives students valuable experience by making them think about the wider aspects of economics, as well as the specific policy implications of decisions made by key players like government.

“They get a taste of the challenges they can expect from a university-level education,” she says. “And I really enjoy hearing the innovative ideas they bring when discussing the macroeconomic aspects of New Zealand’s economy.”

ANZ Bank is jointly sponsoring the competition with Massey University for the fifth year.

"Economics plays a big part in shaping the world young people will live and work in," says Craig Moffat, Auckland Regional General Manager Retail Banking and one of this year’s judges. "As a bank we’re keen to support programmes like this that help young New Zealanders build their financial knowledge and equip them for the future."

The students in each winning team will receive a Massey scholarship of $3000 towards full-time study in the College of Business. Runner-up teams receive a $1500 scholarship. The judging panels for the competition include experts from ANZ, Massey, Treasury and the Ministry of Business Innovation and Employment.

ends

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Electronica: Restoring The World’s First Recorded Computer Music

University of Canterbury Distinguished Professor Jack Copeland and UC alumni and composer Jason Long have restored the earliest known recording of computer-generated music, created more than 65 years ago using programming techniques devised by Alan Turing. More>>

ALSO:

Scoop Review Of Books: Almost Getting Away With Murder

The Black Widow by Lee-Anne Cartier: Lee-Anne Cartier is the sister of the Christchurch man found to have been murdered by his wife, Helen Milner, after an initial assumption by police that his death, in 2009, was suicide. More>>

Howard Davis: Triple Echo - The Malevich/Reinhardt/Hotere Nexus

Howard Davis: The current juxtaposition of works by Ralph Hotere and Ad Reinhardt at Te Papa perfectly exemplifies Jean Michel Massing's preoccupation with the transmigration of imagery in a remarkable triple echo effect... More>>

Scoop Review Of Books: Nō Tāu Manawa

Vaughan Rapatahana responds to Fale Aitu | Spirit House by Tusiata Avi: "fa’afetai Tusiata, fa’afetai, / you’ve swerved & served us a masterclass corpus / through graft / of tears & fears..." More>>

9 Golds - 21 Medals: NZ Team Celebrates As Rio 2016 Paralympic Games Close

The entire New Zealand Paralympic Team, led by kiwi sprinter and double gold medallist Liam Malone as flag bearer, are on the bus to the Maracanã Stadium in Rio de Janeiro for the Closing Ceremony of the Rio 2016 Paralympic Games. There, they will celebrate the fantastic successes of the past 10 days. More>>

ALSO:

New Zealand Improv Festival: The Festival Of Moments To Return To The Capital

The eighth incarnation of the New Zealand Improv Festival comes to BATS Theatre this 4-8 October , with a stellar line-up of spontaneous theatre and instant comedy performed and directed by top improvisors from around New Zealand and the world. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news