Upper School seniors compete in the National Economics Challenge national semifinals

Provided by Samuel Lepler

Aaron Huang (12), Ashwath Thirumalai (12), Steven Wang (12) and Leo Yu (12) advanced to the NEC semifinal round, where they will compete with teams from all other US states and a team from Southern California.

A team of four seniors represented Northern California in the national semifinal competition of the National Economics Challenge (NEC) on April 14, taking a test to qualify for the final round of the competition.

The NEC state competition took place at the Federal Reserve building in San Francisco on April 7 among the five highest scoring teams from Northern California. Three of the five teams in the state qualifier were from the Upper School. Of those teams, the “Hurrikeynes,” a team comprised of seniors Steven Wang, Aswath Thirumalai, Rohith Kuditipudi, Leo Yu and Aaron Huang, advanced to represent Northern California in the national semifinal competition, in which the team will compete against the 50 teams representing the other states and Southern California.

As for the test itself, the NEC assesses students on microeconomics, macroeconomics, international policy and current events. The national semifinal round comprises a 45 question multiple-choice exam. The national final round will feature a quiz bowl round, along with a written test.

The competition assesses material beyond the AP Economics curriculum, requiring knowledge of information such as the accomplishments of influential figures in economics, as well as data regarding current exchange rates.

According to Anika Mohindra (11), a member of one of the teams that qualified for the state level, attributed the students’ interest and success to the economics teachers.

“If perhaps the teachers were not up to their caliber, I might not have been as interested in economics as I was this year, simply [because] they made the subject so interesting and really went into depth on different concepts,” Anika said. “I think that really helped us in the Econ Challenge too because we knew some stuff that was outside the curriculum that showed up on the test just by virtue of their digressions in class.”

Signups for the competition commenced in February. Participants joined teams of four and independently studied advanced economic topics.

According to Economics teacher Samuel Lepler, this year sported an unusually high student turnout.

“This year we had by far the most we’ve ever had,” Lepler said. “We had 13 teams, which is 52 students. [Mr. Halback and I], combined at the AP level, teach only six classes, so we’re talking about a 50% participation rate or more.”

The four teams with the highest test scores from the national semifinal competition will travel to New York City in May for the NEC finals where a winner will be chosen.

This piece was originally published in the pages of The Winged Post on April 22, 2015.