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Island Insurance Companies Economics Challenge Economics Challenge | EconChallenge ONLINE 2005 ECONOMICS CHALLENGE   Student teams from nine Hawaii high schools battled it out on Monday, March 28, 2005, to win their respective divisions and the title of State Champions in the Island Insurance Companies 2005 Hawaii Economics Challenge.
The Economics Challenge, hosted by the Hawaii Council on Economic Education, is a student competition designed to increase their understanding of and interest in economics and finance. During initial rounds, students tackled fun and challenging written tests of their economic understanding and their reasoning ability. The final rounds of the State Economics Challenge involved a "first-to-the-buzzer" format as teams answered tough questions on complex economic concepts and theories involving micro- and macroeconomics, international economics, and current events.
Iolani teams won both divisions of the competition and each student received a $50 savings bond. Four students from each team went on an all-expense paid trip to San Francisco, CA to compete in the Western Regional competition against champions from Arizona, California, Colorado, Oregon, Utah, and Washington State.
Many thanks to Island Insurance Companies and AIG Insurance for funding travel scholarships to Neighbor Island Schools. | SCHOOL | COACH(ES) | Hana High School
Iolani School
Kaimuki High School
Kalani High School
Kamehameha Schools
Kauai High School
Maryknoll School
Maui High School
Nanakuli High School | Ward Mardfin
Richie Kibota, Dick Rankin
Brian Tsutsui
Mike Zane
Dee Mecham
Edwin Sawyer
Lance Suzuki
Shane Okamoto
Dennis Tynan | | | | | Ricardo Division Winners | Smith Division Winners | | 1st Place - Iolani School | 1st Place - Iolani School | - Alison Olmstead
- Nathan Yang
- Brandon Yim
- Jonah Yuen
- Richie Kibota, Coach
| - Reed Ayabe
- Lara Malins
- Tyler Mizumoto
- Steven Schowaltera
- Justin Van Etten
- Dick Rankin, Coach
| | 2nd Place - Kalani High School | 2nd Place - Iolani School | | | | |
In California, Dick Rankin's Adam Smith Division team from Iolani School placed first at the Western Regional's. Richie Kibota's team, also from Iolani School, placed second in the David Ricardo Division. Dick Rankin's team went to the national championship in New York City on May 22-23, 2005 and won the Adam Smith National Championships! Congratulations to Dick Rankin and Iolani School!
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