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Economics students earn top honors at Regional Fed Challenge Competition

In only UMW’s second year of participation, a team comprised of economics students was named a finalist at the annual Regional Fed Challenge competition held at the Richmond Federal Reserve on October 30. The team included senior majors, Kenneth Barnes, Kristin Caufield, Tristan Diaz, Jason Martin, Dam Pathmalal, Stephanie Rzepka and Michael Warlick, and was coached by economics professors, Dr. Margaret Ray and Dr. Gerald Fennemore.

Teams delivered 20 minutes presentations detailing their recommendation for monetary policy and were judged on their analysis of the economy and ability to answer questions posed by economists of the Richmond Fed. In all, twelve colleges participated in the competition, with Virginia Commonwealth University narrowly edging past finalists UMW and Christopher Newport University to earn the opportunity to compete at the Fifth District championships on November 18th.

UMW team members are selected from those students enrolled in ECON 490b: Experiential Learning—Fed Challenge, a class offered each fall semester. Anyone interested in participating in next year’s competition should contact Dr. Margaret Ray, mray@umw.edu, for more information. (posted 10/31/2008)