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Presentation by Christine I. Caly-Sanchez Assistant Director Miami-Florida

Presentation by Christine I. Caly-Sanchez Assistant Director Miami-Florida European Union Center of Excellence, FIU. Thursday, May 20 th , 2010. Overview. An exciting opportunity to learn about:. The European Union (EU) The Euro and The “Euro Area” Economic Concepts and

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Presentation by Christine I. Caly-Sanchez Assistant Director Miami-Florida

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  1. Presentation by Christine I. Caly-Sanchez Assistant Director Miami-Florida European Union Center of Excellence, FIU Thursday, May 20th, 2010

  2. Overview An exciting opportunity to learn about: • The European Union (EU) • The Euro and The “Euro • Area” • Economic Concepts and • Challenges • The Global Economy Christine I. Caly-Sanchez, MEUCE – 05/20/10

  3. Why study the European economy? Together the EU and the United States represent nearly 60% of global GDP Europe is the most important trade and investment partner for the U.S. The EU and U.S. face many common challenges relating to the global economy Christine I. Caly-Sanchez, MEUCE – 05/20/10

  4. Euro Challenge Goals • Increase student’s knowledge and understanding of the European Union and the euro • Promote an understanding of economic challenges facing European Union member nations • Support local learning standards related to global studies and economics • Foster economic and financial literacy and understanding of economic policy issues • Develop communication, critical thinking and cooperative skills Christine I. Caly-Sanchez, MEUCE – 05/20/10

  5. Overview ● Recruiter: MEUCE-FIU – 4th Year ● The 2011 competition has been extended to Broward, Palm Beach County, and St. Lucie. ●Among ten Miami-Dade High Schools, 3 won in Florida and went to NY in 2010 ►Coral Reef Senior High School ►G. Holmes Braddock Senior High School ► Miami Palmetto Senior High School Christine I. Caly-Sanchez, MEUCE – 05/20/10

  6. The 3 Winners 2010 in Florida Coral Reef Senior HS G. Holmes Braddock HS Miami Palmetto Senior HS Christine I. Caly-Sanchez, MEUCE – 05/20/10

  7. 2010 Participating High School 2010 • Coral Reef Senior HS • Fort Pierce Westwood HS • G. Holmes Braddock HS • Hialeah Garden HS • International Studies Charter HS • Marine & Oceanography Academy HS • Miami Central Senior HS • Miami Palmetto Senior HS • North Miami Senior HS • Olympic Heights Community HS Christine I. Caly-Sanchez, MEUCE – 05/20/10

  8. Overview • Teams of 3-5 students (not included alternates) • 9-10 grade • Students generally do not have prior exposure to economics (Mainly global or European studies, world history, world geography, etc.) • 1 team per school • Presentation: 15 minutes + 10 min. Q & A • Format: your choice (PowerPoint) Christine I. Caly-Sanchez, MEUCE – 05/20/10

  9. Three-part Challenge Question Christine I. Caly-Sanchez, MEUCE – 05/20/10

  10. Euro Challenge Part I • Describe the current economic situation in the euro area (the economic region consisting of the 16 EU member countries who have adopted the euro). Christine I. Caly-Sanchez, MEUCE – 05/20/10

  11. Euro Challenge Part II • Select one economic-related challenge confronting the euro area as a whole, • and pick one of the 16 member countries of the euro area to illustrate that challenge. Christine I. Caly-Sanchez, MEUCE – 05/20/10

  12. Sixteen Euro Area Countries Choose One The challenge should be illustrated in one of the 16 member countries of the euro area: • Austria • Belgium • Cyprus • Finland • France • Germany • Greece • Ireland • Italy • Luxembourg • Malta • The Netherlands • Portugal • Slovakia • Slovenia • Spain Christine I. Caly-Sanchez, MEUCE – 05/20/10

  13. 10 Challenges: Choose One • Slow growth • High unemployment • Inflation • Adapting to technological change(raising productivity) • Globalization (including immigration) • Ageing (including health care) • Living with a single monetary policy • Sustaining the social system (welfare state) • Coping with a housing market slowdown • High government deficits and debt Christine I. Caly-Sanchez, MEUCE – 05/20/10

  14. 2008 Challenges Chosen in Florida Christine I. Caly-Sanchez, MEUCE – 05/20/10

  15. 2009 Challenges Chosen in Florida Christine I. Caly-Sanchez, MEUCE – 05/20/10

  16. 2010 Challenges Chosen in Florida Christine I. Caly-Sanchez, MEUCE – 05/20/10

  17. Euro Challenge Part III • Recommend a policy or policies for addressing the challenge you identified in the country you selected. • Be sure to include in your recommendation a discussion ofhow having a single currency may or may not affect the policy choices for addressing the challenge. Christine I. Caly-Sanchez, MEUCE – 05/20/10

  18. Scoring • Knowledge about the EU, euro, and related economic concepts • Responses to judges’ questions • Quality of presentation • Depth of research and analysis • Teamwork and cooperation Christine I. Caly-Sanchez, MEUCE – 05/20/10

  19. Prizes/ Awards 2010 • All students: certificates • 1st place: $1,250 per student • 2nd place: $1,000 per student • 3rd place: $750 per student • 4th place: $500 per student • 5th place: $250 per student 2010 Christine I. Caly-Sanchez, MEUCE – 05/20/10

  20. Time Line In Miami ►Top teams will be selected (3) Christine I. Caly-Sanchez, MEUCE – 05/20/10

  21. Time Line In New York ►The 3 Florida Top teams will compete nationally among 25 high schools which are previously selected among 80 high schools

  22. What level of Economic knowledge is required? ► Basic economics, and don’t forget social and political aspects Knowledge about the EU and the euro area, euro, and related economic issues (such as the role of the ECB, Lisbon Strategy, etc.) and basic economic concepts (GDP, inflation, unemployment). ► Strive for the level of a good economic press article (New York Times, WSJ, FT, The Economist) DON’T WORRY!!! ► List of concepts teams should know for the challenges are available on the forum and ‘Resources page’ of the website. Christine I. Caly-Sanchez, MEUCE – 05/20/10

  23. Primary Resources for You website: www.euro-challenge.org • Website contains educational videos & presentations, and links to useful articles & other learning resources • Open FORUM for teachers and students to engage in dialogue, ask questions, share research • Teachers have access to separate teachers-only forum Christine I. Caly-Sanchez, MEUCE – 05/20/10

  24. Information ► www.euro-challenge.org • FIU – Miami-Florida European Union Center of Excellence Christine I. Caly-Sanchez Tel: 305-348-5949 Fax: 305-348-6562 E-mail: calyc@fiu.edu http://casgroup.fiu.edu/miamieuc/pages.php?id=548 • Working in Support of Education • Delegation of the European Commission delegation-usa-eurochallenge@ec.europa.eu Christine I. Caly-Sanchez, MEUCE – 05/20/10

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