More than 400 Delaware third, fourth, fifth, and sixth grade students put their economics skills to the test, competing in the three-day 2012 Meaningful Economics and Entrepreneurship Competition, hosted by the Delaware Financial Literacy Institute (DFLI) and the Center for Economic Education and Entrepreneurship (CEEE).
The Meaningful Economics Competition, better known as the ME* Competition, is designed to recognize student achievement in acquiring and applying knowledge in economics, entrepreneurship, and personal finance. Students formed teams of four and competed in three events. They assembled products in a given time; took a written economics test; and designed a product to solve a given problem, also creating an advertising campaign and pitching their product to a panel of judges.
Competition judges included State Bank Commissioner Robert Glen and representatives from the State Treasurer’s Office, the Federal Reserve Bank of Philadelphia, State Farm, and the University of Delaware, as well as Bank of America, Chase, Citi, Discover, ING DIRECT, and Wells Fargo. Bank of America sponsored the event.
“The participants at the ME Competition enthusiastically dispelled the myth that economics is a dismal science,” said DFLI Executive Director Ronni Cohen
