PLEASANTVILLE, N.Y. -- Who said drafting monetary policy has to be complicated? For seven Pace students, it was all in a day's work as they brought home first place at the New York regional competition for the College Fed Reserve Challenge last week.
2015 marks the fourth year in a row that a Pace team has won the competition. This year's team contains a mix of old and new members, with two returning students from last year's team and three competition rookies. The winning team members are all Economics/Business Economics students in Pace's Dyson College of Arts and Sciences.
The winning team consisted of:
- Katherine Craig
- Daniella Gambino
- Jozef Lampa
- Yuliya Palianok
- Omar Habib
- Jonathan Okane
- Melissa Navas
According to the challenge's website, the College Fed Challenge is a competition designed to bring real-world economics into the classroom. Teams play the role of monetary policymakers by analyzing economic conditions and recommending a course for monetary policy.
Of the 40 teams that competed in the event, only Pace moved on to the finals, which will be held in the District of Columbia after Thanksgiving.