Gonzaga College Crowned Generation €uro National Winners

Gonzaga College and Sharon Donnery(Photo: National Winners 2017/2018, Gonzaga College, Dublin pictured with Sharon Donnery, Deputy Governor, Central Banking.)

Gonzaga College, Dublin were crowned National Winners in the Generation €uro 2017/2018 schools competition final held in our Dockland Campus on 9 March 2018.

Gonzaga edged out St. Andrew’s College, Dublin and Coláiste Muire, Co. Clare in an impressive and high quality final.

As part of the final round challenge, the teams presented their assessment of the economic outlook for the euro area to a panel of experts.

Each team’s presentation was based on their own independent research after which they took a series of testing questions from the judging panel. 

After lengthy deliberation by the judges, Gonzaga College were crowned champions with St. Andrew’s and Coláiste Muire, coming joint runners up.

Gonzaga’s success was a culmination of hard work and dedication after coming through three separate rounds of economic challenges.     

Speaking on Gonzaga’s triumph Mark Cassidy, Director of Economics and Statistics and chair of the judging panel said: “The standard of presentations was extremely high and all the teams impressed the judges with their knowledge and teamwork. Gonzaga demonstrated a deep understanding of current economic conditions as well as extensive knowledge of monetary policy and the inflation outlook for the euro zone.”

Along with taking the coveted national title Gonzaga won a trip to the ECB in Frankfurt where they will meet ECB President Mario Draghi and take part in a series of events with the other national champions from the euro area.

About the competition

The Generation €uro Students' Award is Ireland's leading economics competition for Transition and 5th Year students.

Every year we search for Ireland’s brightest young economists to enact the role of the European Central Bank’s Governing Council, perform their own analysis of the economy and set what they believe is an appropriate interest rate for the euro area.

Now in its 7th year, the 2017-2018 competition received a record number of entries, with 84 teams and over 350 students taking part.

Students enter the competition in teams of three to five, with a nominated teacher acting as mentor.

Participants are tested over three different rounds - a quiz, a written analysis and a presentation.

The successful teams from the online quiz proceed to the second round where they are asked to analyse economic conditions and determine what they believe to be the appropriate interest rate for the euro area.

Three finalists are then chosen to attend the National Final, where they presented their findings to a panel of senior economists at the Central Bank. 

The winning team and teacher travel to the ECB in Frankfurt for an award ceremony where they meet ECB President Mario Draghi and the winning teams from across Europe.

Throughout the competition, the Central Bank of Ireland was on-hand to help both teachers and students, provide updates and additional resources across all of our channels and at www.generationeuro.ie

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