Certell, Inc. has been named the official U.S. partner for the International Economics Olympiad, allowing American students aged 14-20 to compete against peers worldwide. The contests will emphasize economic literacy, with five students earning trips to the Olympiad in Athens. Registration is open until January 31, 2025, on their website.
In a groundbreaking initiative, Certell, Inc., an Indiana-based nonprofit, is set to change the landscape of economic education in the United States by partnering as the official U.S. representative for the International Economics Olympiad. This marks an unprecedented opportunity for American students to engage in a prestigious contest that spans nearly two dozen countries worldwide. As competition heats up ahead of the Olympiad in October 2025 in Athens, Certell’s president Richard N. Lorenc encourages students aged 14-20 to seize this chance, stating, “We urge them to compete … and win.” The competition, welcoming all interested secondary school students, emphasizes economic and financial literacy as a vital skill set in today’s world. Sadly, the current educational landscape reflects a worrying gap, with only 27 states requiring economics for high school graduation. This Olympiad aims to combat the widespread economic illiteracy criticized by experts like economist Per Bylund, who notes that most Americans navigate twelve years of schooling yet remain uninformed about crucial economic concepts. Students will compete first in school rounds in February 2025, followed by U.S. national rounds in April 2025, where five impressive participants will earn all-expenses-paid trips to the Olympiad in Greece. All U.S. contests will be held online during the 2024-2025 academic year, paving the way for a more engaging and diversified learning approach. Interested educators and students are encouraged to find out more at www.economicsolympiad.us, where registration is open until January 31, 2025. The International Economics Olympiad, which has roots in the Czech Republic after the fall of Communism, challenges students academically on various economic principles, international issues, and financial theories. The previous competitions attracted nearly 80,000 students globally, highlighting the importance of driving financial literacy among youth. With the winner of the last Olympiad hailing from Poland, the competition not only tests knowledge but also fosters international collaborations within economics education. Certell, Inc., founded for the betterment of educational resources, continues to serve over three million students nationwide, emphasizing critical thinking and knowledge application in their comprehensive social studies curriculum.
The International Economics Olympiad provides a platform for secondary school students around the globe to demonstrate their understanding of economics through competition. With a concerning level of economic illiteracy prevalent in the U.S., this initiative, led by Certell, aims to foster better comprehension of economic principles among American youth. The goal is not merely to compete but to spur growth in financial literacy in an increasingly complex world, where informed citizens are crucial for sound economic policy decisions.
Certell’s partnership with the International Economics Olympiad heralds a new chapter for American students, inviting them to explore their potential in economics on a global stage. This initiative not only aims to enhance their understanding of financial concepts but also encourages vital critical thinking skills necessary for navigating the economic challenges of today. By engaging with the Olympiad, students can contribute to a more financially literate society.
Original Source: www.manilatimes.net
