On November 1, 2017, six Guttman students enrolled in Professor Seth and Professor Buttet’s macroeconomics course competed in the Maiden Lane division of the Fed Challenge.
The College Fed Challenge, sponsored by the Federal Reserve Bank of New York, is a competition designed to bring real world economics into the classroom. During the competition, teams play the role or policymakers by preparing and delivering a presentation on their analysis of a case study describing hypothetical economic conditions with a monetary policy recommendation based on their analysis. The case study is sent to to the teams prior to competition day, and they have four weeks to prepare their recommendations.
The Guttman team placed honorably. Students had fun and learned about central bank operations and macroeconomics in the process.