Department of Economics

The Educational Value of the College Fed Challenge

Department of Economics
University of Delaware
Working Paper #2011-07

The Educational Value of the College Fed Challenge

Vera Brusentsev and Jeffrey Miller

ABSTRACT

The College Fed Challenge, a competition between undergraduate students from different colleges and universities, is designed to enhance the development of research, critical thinking, and presentation skills.  This paper analyzes the value of the competition as an instrument for improving undergraduate economics education.  We present results from surveys of (a) students who participated in one district in November 2010 and (b) graduates from the University of Delaware who participated in past years.  The results reflect the impressive effect on student learning outcomes.  We conclude that the visibility of the College Fed Challenge can be an important factor in determining its impact and that the competition could conceivably have a significant and positive impact on economics education in the United States.

JEL Codes:A20, A22

Keywords:  economic education, undergraduate economics, education environment, experienced based education

The Lerner College is home to a state-of-the-art financial trading facility, the $1.5 million student-led Blue Hen Investment Club, a student-managed restaurant and hotel, a high-technology development center of a global bank and a start-up experience for students with new business ideas.

Lerner College faculty - like Meryl Gardner, whose research on foods and moods was recently published in the Journal of Consumer Psychology - are thought leaders who command attention from influential business audiences, economists and policy makers.

All Lerner College departments offer discovery learning experiences and emphasize data-based analytics to enrich the student experience. Here, students at Vita Nova, our award-winning restaurant run through HRIM, joined professional chefs and winemakers in hosting a 2014 Mid-Atlantic Wine and Food Festival event.

The Institute for Financial Services Analytics is a collaboration between the Lerner College, UD's College of Engineering and JPMorgan Chase, and hosts events for academics and the business community designed to address consumer analytics and industry applications.

Undergraduate scholarships, made possible through the generosity of alumni and friends, enable us to support promising scholars. Here, Delaware Gov. Jack Markell and his mother, Leni Markell, join recipients of the William Markell Scholarship (center), which benefits students in Accounting and MIS.

  • Alfred Lerner College of Business & Economics
    303 Alfred Lerner Hall  •  Newark, DE 19716  •  USA  •  ©