Buffalo Grove High School participated with success in the 2013 Illinois Economics Challenge State Finals, a program of Econ Illinois, Thursday, April 11, at the Federal Reserve Bank of Chicago.
In March, 475 students participated in the online rounds of competition, with 10 teams qualifying for the state event.
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The Buffalo Grove High School team, "Too Big to Fail," was comprised of seniors Faraz Shahidpour, Enzo Inman, Patrick McGrath, and D.J. Prorok. All are currently taking Advanced Placement Microeconomics and AP Macroeconomics. Although the team did not advance, they recorded the highest score in the finals for Microeconomics. The coaches/sponsors of the team are Peter Duffer and Keith Peterson.
"'Too Big to Fail' worked great as a team and really excelled in the Microeconomics category," said Duffer. "All of these students possess excellent problem-solving and critical thinking skills and will be successful in their future endeavors."
The championship event consisted of individual, team and quiz bowl rounds. Edwardsville High School outscored second-place Willowbrook during the final round in the state competition. The winning teams each received a trophy and framed certificate for their school, individual medals and certificates, as well as Visa gift cards.
The Illinois Economics Challenge is a Money Smart Week event in Chicago. The 2013 Econ Challenge is a program of Econ Illinois, with in-kind support provided by the Federal Reserve Bank of Chicago.
The ILEC is designed to recognize Advanced Placement students who demonstrate high levels of comprehension and application of economics concepts and skills, and to reward teachers for outstanding practices in teaching economics courses.
Econ Illinois offers economic education and personal finance professional development, resources, and programs to K-12 teachers throughout the state. Founded in 1951, Econ Illinois is an educational, nonprofit 501 (c) 3 organization and a unit of the NIU Division of Outreach, Engagement, and Information Technologies.
For details about the Illinois Economics Challenge, visit www.econed-il.org/icee/econchal.shtml or call Beth Metzler at (815) 753-0356.
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