The College Fed Challenge is a national competition where students present on the state of the economy and make a monetary policy proposal. Three to five students present in front of a panel of judges which includes Fed economists. Colgate University competes in the Second District's competition at the Federal Reserve Bank of New York
. The winner of the regional competitions advance the national finals at the Federal Reserve Board
in Washington, D.C.
Colgate's Fed Challenge team is selected from Money and Banking (ECON 352). The Fed Challenge course (ECON 353) is offered as one credit course each fall semester, and is open to juniors and seniors. The course and the competition allow students to get a better understanding of how monetary policy decisions are made. Students are able to apply their knowledge of macroeconomics to make monetary policy recommendations in front of Fed economists. In addition to gaining a better understanding of monetary theory, students gain valuable public speaking experience while working as a team.
for more information on the competition. If you are interested in joining the team, please e-mail Professor Rich Higgins