On October 23, 2018, four students from Professor Sebastien Buttet’s ECON 201 Macroeconomics class participated in the College Fed Challenge, a competition organized by the Federal Reserve Bank that aims to bring real-world economic analysis into the classroom.
As part of the Challenge, students presented a case analysis of macroeconomic indicators for the U.S. economy, including real GDP, inflation, and unemployment, in front of a panel of Fed economists. Their analysis also included a recommendation for monetary policy.
Participating in the competition helped students learn about monetary policy and how the Fed operates. They also had a chance to speak with Fed HR specialists and explore internship opportunities at the Federal Reserve.
This year marks the fourth year Guttman students took part in the Challenge. Professor Buttet says incorporating the competition into the curriculum has many benefits. “The Fed Challenge activity is strongly aligned with Macroeconomics course learning objectives. Students learn about professional careers at the Federal Reserve and their confidence increases following their presentation in front of a panel of economists,” he says.
This year’s Guttman student delegation included Kendell Adonis, Toni Clarke, Mike Guzman, and Christopher Mak.