This page was last updated on June 4, 2008.
Santa Barbara School Districts are part of the Santa Barbara County Education Office.
News
Wednesday, June 4, 2008
Dos Pueblos High Economics Students have Strong Showing in Two Capital Markets Contests
The Chartered Financial Analysts Society of Los Angeles (CFALA) conducts an annual competition for high school students interested in learning about the workings of the U.S. economic system and financial markets. According to their website, CFALA is part of a consortium of education, business, political and labor leaders seeking to advance economics and financial literacy in grades K-12.
Last Wednesday, May 28, 2008, economics students Angela Dai, Isabelle D'Arcy, Caroline Kim, and Soo-bin Ryu earned $300 each for their second place finish in the Los Angeles County Capital Markets Contest. The competition was held at the Univision 34 studios in Los Angeles. Their win was based on a 1,500 word essay, which the students had to defend in a seven-minute power point presentation before a panel of judges. In order to win, students must demonstrate keen decision-making skills, knowledge of current affairs, and an understanding of economic forces.
Then, on Friday, May 30, another Dos Pueblos economics team took second-place in the Orange County Capital Markets Contest. The competition was held at the Federal Reserve Bank in Los Angeles. Team members were Erika Bildsten, Kevin Cheng, and Adam and Zac Novatt. Each student received $300 last Friday for their win in the Orange County Capital Markets Contest. They too wrote a 1,500 word essay, and defended their essay with a seven-minute power point presentation before a panel of judges.
According to teacher Roland Lewin, “This competition challenges students to utilize economic indicators to interpret past and potential trends in the capital markets, analyze how certain current events have impacted the markets, and conclude with appropriate advice for the Federal Reserve Bank. In doing this our students have put into practice much of what they have learned during the year, and demonstrated excellent teamwork, writing and public speaking skills. They have responded to the challenge, and I am very proud of them.”