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Arkansas Economics Challenge

Grades 9-12

April 2023, IN-PERSON

The Arkansas Center for Research in Economics and Economics Arkansas will be co-hosting an in-person state-level competition for Arkansas high school students this April 2023! Teachers can register teams of 3-4 students who will compete against other teams from around the state. Winning teams will receive cash prizes up to $500, scholarships, and the chance to move on to the later stages of the National Economics Challenge. 

The competition will consist of three components:

  • A testing portion: This portion of the event is an exam that will test students’ knowledge of micro and macroeconomics as well as knowledge of the global economy. Team members' scores are averaged and the highest-scoring team will be eligible to move on to the next round of Econ Challenge.
  • A writing submission: Using a provided writing prompt, students can submit their 500-700 word writing submissions prior to the Econ Challenge to be entered into the Writing category. The prompt from this category can be incorporated into classroom lessons as a larger class assignment or something students can work on independently. The top writing submissions in this category will receive prizes and will be announced during the competition.
  • Team Presentations: Student teams will work together to create and present presentations on economic topics to a team of judges. The theme for the 2023 Competition will focus on the federal budget. More details to follow!

Questions? Contact Terra Aquia at

Congratulations to our 2022 winners!

Econ Challenge Prize Amount
1st Place Team Presentations $500 (split among team members)
2nd Place Team Presentations $250 (split among team members)
1st Place Writing Submission $100
2nd Place Writing Submission $50
Library Award (awarded to top performing school's library to expand their econ options) $100
Student OTY (highest scoring student overall) $100
Teacher OTY (selected by event organizers - teacher whose students show the most success) $100