Each year the Northeastern University College Fed Challenge (CFC) asks undergraduate students around the country to make a 15 minute presentation detailing a monetary policy recommendation based on the economic conditions in the United States. Students must display an in-depth knowledge of how different sectors interact as well as the tools the FED has at its disposal to influence the economy. The context of the presentation is to be performed as if it were a Federal Open Market Committee (FOMC) meeting. Students are graded on; Knowledge of Current Economic Conditions, Understanding of Monetary Policy, Data and Analysis & Teamwork. After the presentation, students are subject to 10 minutes of cross examination.
For more on the Challenge please visit the Federal Reserve Website
Northeastern University has participated in the annual competition for over four years. The FRCT officially became a part of the Northeastern University Economics Society in 2014. Professor Nancy Kimelman became the advisor for the team during the 2014 season as well. Her past experiences as a financial analyst make her a perfect fit to help students make sense of what’s going on in the economy today.
If you’re interested in being a part of the team please come to one of our weekly meetings on Wednesdays from 6-7pm. Meetings are typically held on the third floor of Lake Hall in the Economics Department Graduate Lecture Room. No background in economics is necessary to participate.
To learn more about the Federal Reserve Challenge Team please don’t hesitate to contact us at firstname.lastname@example.org.