Teachers are invited to engage their students in this outstanding academic competition. The competition is open to all middle and high school students who have taken an economics or economics-related course in school. There is no fee to participate.
This competition is held for students to compete in teams of 3 or 4 and test their knowledge on economics, monetary policy, international trade, and markets. The top scoring teams from the online testing round of each division will compete in an exciting, fast paced, in-person Quiz Bowl.
2026 Challenge dates coming soon!
Winning Team in each division receives $500!
Review the rules for the 2025 Economics Challenge.
Review past State Final Questions.
This is a qualifying event for the National Economics Challenge. The team from the David Ricardo division and the team from the Adam Smith division with the highest combined Economics Critical Thinking presentation score and Economics Challenge online test score will advance to the National Economics Challenge for their division.
Prize for Quiz Bowl winning team in each Division (Adam Smith, David Ricardo, & Milton Friedman)
- 1st place: $500

Milton Friedman Division
First Place
Team: Premier Wealth Management
School: Orange Grove Middle School
Teacher: Dawn Willman
Second Place – Tie
Team: Golden Foundation
School: Orange Grove Middle School
Teacher: Dawn Willman
Second Place – Tie
Team: Team Maroon
School: Mountain Sky Junior High
Teacher: Lori Glover

David Ricardo Division
First Place
Team: Big Backers
School: Hamilton High School
Teacher: Diane Weaver
Second Place
Team: Indigo Team
School: BASIS Chandler
Teacher: Richard Aitken

Adam Smith Division
First Place
Team: Team Purple
School: BASIS Chandler
Teacher: Richard Aitken
Second Place
Team: Thor Gregsons
School: BASIS Mesa
Teacher: Gemein Cho