Iolani students win fourth consecutive state Economics Challenge
For the fourth consecutive year, two High Schools Iolani School teams have won in 2008 Iceland Economics Insurance Companies Challenge and Hawaii, is represented in the regional competition, Western, April 29, 2008.
Maintained by the Council for Education in Hawaii, Thursday, April 3, 2008 at the Japan Cultural Center of Hawaii’s Manoa Grand Ballroom, competition is one of 160 students from six high schools public and private, Hawaii show excellence High Schools and students of Economic Sciences of Economic Sciences. Students Iolani won both the division of David Ricardo and Adam Smith, winner of the division Maryknoll School in the final game of the Bowl two divisions.
The winners of the division was David Ricardo Iolani students: Jesse Franklin-Murdock, Gian Garduque, Leslie Kawano, Michelle and Megan Ky Nakamoto. The winners of the division was Adam Smith Iolani students: Jon Fung, Lauren Igé, David Jaress, Reid Braxton Kawamoto and Sato. Iolani School won the National Economics Challenge for the past three years.
Both teams are represented in Hawaii the National Council for the Economics of Education / Goldman Sachs Foundation Western Regional competition, April 29, 2008. Iolani The finalists of the competition against Arizona, California, Colorado, Oregon, Utah and Washington. The regional winners are competing in the national championship on May 15-17, 2008 in New York City.
“The students of this caliber deserve special recognition because they are going against statistics,” said Executive Director Kristine Castagnaro. “In a survey of the Hawaii public school seniors, 71% did not know the definition of the concept of “fiscal deficit”, and only 22.5 percent of understanding the effects of inflation, “she added.
During the first round of the competition, students enjoy a challenge and written tests for their understanding and reasoning ability. The last round of the Economic Challenge with a “first-to-the-Summer” quickly “Jeopardy-style” format, as team answers questions about the complexity of the concepts and theories of economics, micro-and macro-economics , international economics and current events.
“The knowledge and attitudes of the body, under pressure, in which all participants were truly impressive,” said Nolan Kawano, Senior Vice President and Chief Financial Officer of the island of insurance. “Your performance has been exceptional, show that many of Hawaii has a distinguished leader economic future,” he added.
States, the Council of Education encourages the teaching of economics in Hawaii to public and private schools on the strengthening of economic and financial competence of Hawai `i students and residents. The Council of programmes for the advancement of economic competence and focus on the successful development of strategies for improving the quality of education economy.
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