Dec. 18, 2017

Student Features for December 2017

Share this story

Sarah Khouri, Pierre Gardan, Sam Herrick, Enrique Figueroa, Hunter Ford and Patrick Duckworth, Department of Economics, School of Business

Back row (left to right): Pierre Gardan, Hunter Ford, Saml Herrick, Oleg Korenok (coach). Front row (left to right): Patrick Duckworth, Sarah Khouri and Enrique Figueroa.
Back row (left to right): Pierre Gardan, Hunter Ford, Saml Herrick, Oleg Korenok (coach). Front row (left to right): Patrick Duckworth, Sarah Khouri and Enrique Figueroa.

Associate professor Oleg Korenok advised the students, who received an honorable mention at the 14th annual national College Fed Challenge, a competition that encourages students to learn about the U.S. economy, monetary policymaking and the role of the Federal Reserve. VCU advanced to the national competition after winning the district finals against teams from the University of North Carolina and Loyola University.

The College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee.

Teams competing in the College Fed Challenge finals gave 15-minute presentations and answered questions from a panel of judges. Teams were evaluated on economic analysis, responses to judges' questions, teamwork and presentation.