Welcome to the Monetary Policy Challenge

Competition in the 2008 Monetary Policy Challenge is well underway and the national finalists have been announced.

The national final will be held in Wellington on Thursday 21 August 2008. Teams will make a 10 minute presentation to the judging panel and spend 20 minutes answering questions from the judges.

The winning team will travel to Wellington to hear Reserve Bank Governor Alan Bollard deliver the Monetary Policy Statement on 11 September 2008.

The Monetary Policy Challenge gives secondary school students an exciting opportunity to put themselves in the shoes of Reserve Bank economists and recommend what the Official Cash Rate could be.

Using the same information as the Reserve Bank, teams assess the economic conditions facing New Zealand and the outlook for inflation. Based upon their assessment of the economy, each team decides on an appropriate setting for the Official Cash Rate.

The Monetary Policy Challenge links to NCEA achievement standard: Economics 3.4 (AS 906320).
For further information please contact us by email or phone (04) 471 3733.