Thursday, April 26, 2012

IDAHO STUDENTS LEARN HANDS-ON LESSONS IN GLOBAL ECONOMICS


More than 500 high school students from across Idaho descended on Taco Bell Arena this week to prove their knowledge, creativity and enthusiasm for global economics.

Busy day at the International Economic Summit at Taco Bell Arena on Tuesday, where 500 high school students from across Idaho got hands-on lessons in global economics.

It’s all part of the International Economic Summit, a one-day simulation of the global economy and what happens when countries compete for scarce resources, form strategic alliances, debate global issues, invest in long-term development projects, interact with global economic institutions, and seek to stabilize and advance the global economy. At the Summit, students break up into teams, representing more than 100 nations of today's complex world.

The Summit is an effective learning experience for high school and university students on globalization, international relations and economics, and is now being replicated in other states and countries.

Leon Maynard, president of the Idaho Council on Economic Education, said, “We are building a new generation of global students, citizens & entrepreneurs who have the knowledge, skills & passion to cooperate, compete & prosper in the world’s highly competitive economy. This is essential to our long term economic growth, prosperity and freedom.”

After a full semester of studying, researching and preparing their economic strategies, high school teams from Capital, Borah, Skyview, Nampa, Bishop Kelly, North Star Charter and Cambridge high schools met at Taco Bell Arena for the final one-day competition of their economic studies project.

Idaho Superintendent of Public Instruction Tom Luna helped celebrate the event yesterday by speaking with students and handing out awards to the top teams.

“The hands-on lessons students learned today at the International Economic Summit will be invaluable going forward in their lives,” Superintendent Luna said. “When our students graduate from high school, we know they will not just be competing with students in other states but with students all across the world. That is why we passed Students Come First and took the necessary steps to ensure all students – no matter where they live – are prepared to graduate from high school and go on to postsecondary education with the skills they need to compete and be successful in the 21st Century.”

Superintendent Luna congratulated six students from Bishop Kelly High School and their teacher Marta Watson for taking home top honors at the International Economic Summit on Tuesday.

At the end of the day, it was Team Morocco from Bishop Kelly High School that proved not only that they understood the concepts of international relations, business and economics but could apply them to help solve real world economic issues. Team members included Benito Skinner, Morgan Wissel, Ariana Tobe, Blaze Gamboa, Mark Nicola and Taylor Judy. Their economics instructor, Marta Watson, has led student teams at economic competitions for more than 10 years.

Superintendent Luna congratulated all the teams participating today and also congratulated Leon Maynard and the International Economic Summit staff at the Idaho Council on Economic Education for developing this hands-on learning project, which is available to all high schools throughout Idaho and which has also been marketed to other universities and high schools in Massachusetts, Mississippi, California, Nevada and even China.

“I am so impressed with what students are learning here today at the Economic Summit,” Superintendent Luna said. “Not only are they learning about economics, but students learn lessons in geography, history, leadership, public speaking and teamwork. It is a great learning experience for the future.”



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