Welcome to the Euro Challenge!
The Euro Challenge is an exciting educational opportunity for high school students to learn about the European Union (EU) – the largest trading partner of the U.S. – and its single currency, the euro. The competition offers students a unique experience that moves them out of the classroom into the real world.
For the competition, students research problems and solutions to Europe’s economic challenges. A team of three to five students presents findings in a competition format. The best teams from each region travel to NYC to compete in the national finals at the Federal Reserve Bank of New York. Conditional on an annual grant, winning teams can win awards and a trip to Washington generously offered by the Moody’s Foundation.
The competition requires no previous knowledge of economics or Europe, and students and teachers can access an array of educational resources and training materials on the competition website: https://www.euro-challenge.org.
Congratulations to the Mount Saint Mary Academy team from Watchung, NJ for winning the final round of the 2022 Euro Challenge!
Euro Challenge 2023
For the 2023 Euro Challenge competition, which will take place in the spring of 2023, student teams will be asked to make 15-minute presentations during which they are required to:
- Describe the current economic situation in the euro area (the economic region consisting of the EU member countries who have adopted the euro). The description must include a discussion of GDP growth, unemployment, and inflation in the euro area. The description should also include a brief discussion of the current monetary policy activities of the European Central Bank (ECB).
- select one economic-related challenge confronting the euro area as a whole (see list below), and pick one of the 19 member countries of the euro area to illustrate that challenge.
- Recommend a policy or policies for addressing the challenge you identified in the country you selected. Be sure to include in your recommendation a discussion of how having a single currency may or may not affect the policy choices for addressing the challenge.
Teams can choose one of the following economic-related challenges:
- What Role Does Fiscal Policy Play in Promoting Economic Growth?
- Managing Migration Flows
- Inequality, Social Mobility, and the Gender Gap
- Innovating for Long-Term Growth and the Future of Work
- How can Europe lower inflation while reducing energy dependence on Russia?
What’s in it for students and teachers?
- Expense-paid trip to Chicago for the Midwest regional round and to New York City for teams that advance to the semi-final round (Limited travel grants and substitute teacher fees available, apply early!)**
- Winning teams win a monetary prize
- Opportunity to present to experts at Federal Reserve Banks of New York and Chicago
- All competing students will get a certificate of accomplishment
- Option of participating virtually in the competition. To learn more, view the orientation video and visit the Euro Challenge website.
How and when do I register?
First, register your school here. This is not a commitment to participate, and you do not need to have put together a team of students yet. Please check back for the link to register your team. The deadline to register is Friday, March 3, 2023. If you have any questions, please write to eucenter@illinois.edu.
Important dates:
January 19, 2023: Orientation for Midwest teams
Friday, March 24, 2023: Preliminary regional round at the Illini Center, 200 S. Wacker Dr, Chicago, IL 60606 (This is for Midwest teams that would like to compete in person. If your school is from a different region and/or would like to compete virtually, please contact eucenter@illinois.edu.)
April 2023: Semi-final and final round in New York City
Teacher testimonials:
“In my opinion, the Euro Challenge is one of the most transformational experiences of my students’ high school careers.” — Kathleen Brennen, Mount Saint Mary Academy (A Euro Challenge Veteran): Read more here.
“My students gained knowledge about the EU that far outweighs that of typical high school content. The invaluable experience through the team work required to prepare for the Euro Challenge and the competition itself, judged by EU specialists, will serve them a lifetime. All of this gives them an enormous advantage as they look towards college and career choices.” — Letitia Zwickert, Naperville Central HS, (Midwest Regional Competition Winner 2015): Read more here.
For more information:
Euro Challenge Brochure (PDF)
Euro Challenge Competition Guide (PDF)
Euro Challenge Score Sheet (PDF)
Competition Guide and Score Sheet can also be found on the Euro Challenge website under the resource section.
How do you find out more? How to register?
For more information about the competition in Illinois, please contact the EU Center (eucenter@illinois.edu).
The Euro Challenge is a program of the Delegation of the European Union to the United States of America. It is managed by Working in Support of Education and run with the help of regional partner organizations. The program is run by the University of Illinois European Union Center in Illinois and the Midwest.