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Euro Challenge - Learn, Compete, and Win!

The Euro Challenge is an exciting competition where 9th and 10th graders learn about the European Union, the Euro, economic concepts, and challenges. Participate to enhance your global thinking, public speaking skills, and explore the fascinating world of economics. Win monetary prizes, a trip to D.C., and boost your resume!

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Euro Challenge - Learn, Compete, and Win!

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  1. Competition Overview Delegation of the European Union to the United Stateswww.euro-challenge.org

  2. What is the Euro Challenge? 2017 First Place Team – Mount Saint Mary Academy

  3. And More Specifically? An exciting opportunity to learn about: • The European Union (EU) • The Euro and the “Euro Area” • Economic concepts and challenges • The global economy

  4. Why Participate in the Euro Challenge? • Learn to succeed by thinking globally • Improve your public speaking skills • Learn about U.S. largest trade partner • Explore the fascinating world of economics • Boost your resume • Monetary prizes and trip to D.C.

  5. Competition Details • Ninth and tenth graders who are curious about Europe! • Teams of 3 to 5 students compete in the Challenge (More students can help prepare) • One (1) team per school • 15 minute presentation (plus 10 minutes of Q&A) • Presentation format: Preliminary Round, in-person or via video conferencing; Semifinal & Final Rounds in-person. • Hybrid vs. Virtual

  6. Euro Challenge Question: Part I Three-part Challenge Question

  7. Euro Challenge Question: Part I 1. Describe the current economic situation in the “euro area” (the economic region consisting of the 19 EU member countries who have adopted the euro).

  8. Euro Challenge Question: Part II 2. Select one economic-related challenge confronting the Euro Area as a whole (see list on next slide), and pick one of the 19 member countries of the Euro Area to illustrate that challenge.

  9. Euro Challenge Question: Part II Use one country in the euro area to illustrate your challenge • Promoting Investment and Innovation • Demographics and an Aging Workforce • Banking Union and Financial Stability • Globalization and migration • What Role Does Fiscal Policy Play Promoting Economic Growth? • Tackling High Unemployment • Living with a Single Monetary Policy • How to Overcome Slow Growth? • Inequality and Social Spending

  10. Euro Challenge Question: Part II Austria Belgium Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Lithuania Luxembourg Malta The Netherlands Portugal Slovakia Slovenia Spain

  11. Euro Challenge Question: Part III 3. Recommend a policy or policies for addressing the challenge you identified in the country you selected.

  12. Euro Challenge Question & Answer • Types of Questions: • Follow-up questions based on the presentation • Questions can be related to the Euro Area, key economic indicators and your chosen economic issue • When Answering : • Team members are permitted to briefly and quietly discuss the questions (i.e., huddle) • All team members are should make a contribution during the question-and-answer session

  13. How will the teams be scored? • Knowledge about the EU, the euro, and related economic concepts • Recommended policy prescription • Quality of presentation • Depth of research and analysis • Teamwork and cooperation • Responses to judges’ questions

  14. Keys to Success • State the chosen issue clearly • Select a country in which the chosen issue is relevant • Make sure you address and answer ALL the Challenge Tasks • Be innovative, but recommend a solution that is feasible • Keep the current social and political context in mind

  15. What can you win in the Euro Challenge? • Monetary prizes for winning teams (from $250 to $1,250 per student) • Trip to Washington, DC, for the top two winning teams: presentation at the Embassies of the country you have chosen to work on! …and visit Washington-based economicinstitutions • Recognition and awards reception for all semi-final teams

  16. Timeline for All Teams When? What? Where? Preliminary Round Regional March (day varies by region) Thursday, April 26, 2018 Finals and Semifinals New York Fed Thursday, April 26, 2018 Recognition & Awards Reception Moody’s

  17. Stay in the Know Euro Challenge Website euro-challenge.org Euro Challenge Facebook @eurochallengecomp

  18. Stay Connected Follow the Delegation on Twitter: @EUintheUS Euro Challenge Instagram @eurochallengecomp

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