An Economics Competition for High School Students

The Maryland Economics Challenge is an exciting academic competition where high school students across the state showcase their knowledge and application of economics in a dynamic, one-day event. This unique program challenges students on both micro and macroeconomic principles, as well as their understanding of the global economy, making it the only competition of its kind.

Student teams compete with the same enthusiasm as a sports event, striving for the title of Maryland State Champion. The top team earns the honor of representing Maryland at the National Economics Challenge Competition, providing a prestigious platform for students to deepen their economics skills and knowledge.

2025-2026 Competition Dates

Maryland Economics Challenge

Online Testing:

  • Spring Online Testing: March 19-27, 2026

Maryland Economics Challenge Finals: April 14, 2026

National Semi Finals Finals: April 20-24, 2026

National Economics Challenge

May 27-29, 2026 – Atlanta

 

Competition Divisions

The competition provides an opportunity for students to compete in two divisions:

  • David Ricardo Division: For first-time competitors with limited economics experience.
  • Adam Smith Division: For AP, International Baccalaureate, honors, and returning competitors, including dual-enrollment students taught by a secondary teacher.

Prizes and Recognition

State Winners

All team members and their teacher/advisor receive a cash prize.

First Place – $250, Second Place – $125

National Winners

All student team members receive a cash prize and travel and lodging expenses paid trip to Finals in Atlanta, GA.

Congratulation to the 2025 Maryland Economics Challenge winners!

Adam Smith Division

1st Place, Mt. Hebron High, Vann Prime Advisor

2nd Place, River Hill High, Jessica Nichols, Advisor

David Ricardo Divison

1st Place, Mt Hebron High, Vann Prime Advisor

2nd Place, River Hill High, Jessica Nichols, Advisor

Mt. Hebron Students Win 1st Place at National Economics Challenge in both the Adam Smith and David Ricardo divisions!

Watch the 2025 National Econ Quiz Bowl here:

Adam Smith Division

David Ricardo Division

Get inspired by watching this Squawk Box segment featuring two students from Mt. Hebron.

Teacher/Advisor Toolkit

Maryland EconChallenge

Learn more about the Maryland Econ Challenge including Registration, Key Dates, and Rules.

National Economics Challenge

Discover the details about the National Economics Challenge including How it Works, Awards, Preparation Materials, Practice Tests, Rules and Eligibility and more.

National 2026 Rules and Eligibility

The rules include details about team divisions, team composition (which have been changed), student eligibility, and more.

Study Materials

Study materials provided by the Council on Economic Education.

Econ Bootcamp Webinar Series

On demand webinar series on topics related to Microeconomics and Macroeconomics provided by the Council on Economic Education.

2020 Critical Thinking Round Critique

Watch the winning presentation from the 2020 Econ Challenge. 

See if you’ve got what it takes to compete in the National Economics Challenge℠ by completing the following sample tests:

Practice with ReadyAssessments

Search the library for tests and questions.

Practice AP Questions

Sample AP Microeconomics and Macroeconomics Tests (note: a free EconEdLink account is required to access)

Question Breakdown

Sponsors