2023 Virginia Challenge for Economics & Personal Finance
The Virginia Challenge for Economics & Personal Finance is an opportunity for students to demonstrate their knowledge of personal finance and economic literacy by competing with other students across the state. Teams of three to four students complete online exams that may qualify them for an exciting championship competition.
The Online Challenge is where students compete by taking a 30+ question online exam at their school (monitored by their coach). Teams – three or four students – earning the highest combined score in their region will be recognized and will be given the option to advance to the state finals. For many students, this academic competition is a capstone to their high school experience.
Student teams can compete in three divisions: David Ricardo Division (Economics), Adam Smith Division (Advanced Economics), Personal Finance Division.
Students competing in the Personal Finance Challenge may also participate in one of the Econ Challenge competitions.
All division exams will take place March 6, 2023 – March 31, 2023 and must be completed by 5:00 pm ET on the final testing date. The state winner (a single team) will advance to the National Competition in their division.
Teachers! Learn more about each challenge and register your teams
ECONOMICS
The Governor’s Challenge – EconChallenge ONLINE begins on March 6th and ends on March 31st at 5:00pm for David Ricardo and Adam Smith competitors. Once the competition begins, students can enter the EconChallenge ONLINE website and complete a 30 question rapid-fire exam consisting of macro, micro, and international questions. Each student will be given 35 minutes to complete the exam. Students must complete the exam without any outside assistance. Teachers are responsible for monitoring students to prevent cheating.
Learn all the Rules and How it Works >>HERE<<
#ECONCHALLENGE
PERSONAL FINANCE
The 2022 Governor’s Challenge – FinanceChallenge ONLINE begins on March 6th and ends on March 31st at 5:00pm. Once the competition begins, students can enter the FinanceChallenge ONLINE website and complete a 30 question rapid-fire exam. Each student will be given 35 minutes to complete the exam. Students must complete the exam without any outside assistance. Teachers are responsible for monitoring students to prevent cheating.
Learn all the Rules and How it Works >>HERE<<
#FINANCECHALLENGE
The Economics competition has two divisions – one (Adam Smith) for any two-semester econ macro and micro-course sequence or any course labeled as AP, IB, honors, or differentiated and one (David Ricardo) first-time challenge for competitors who have taken no more than one economics course. Learn more about the different divisions here.
Resources:
How-To Video
Student Stories
Past Case Studies
Additional Information