The Meaningful Economics (ME) Competition was first launched in 1987 by the University of Delaware Center for Economic Education and Entrepreneurship. Since then, it has expanded to three other states — and now it’s coming to Indiana!
The competition is designed to recognize student achievement in economics, entrepreneurship, and personal finance. Students work in teams of four to compete in three exciting events: the Written Team Test, Problem Solving Challenge, and Production Challenge.
Teams take a grade-level–appropriate multiple-choice exam covering the Economics strand of the Indiana Social Studies Standards, as well as the Personal Financial Responsibility standards. The teams with the highest scores win.
Often the highlight of the day, this challenge is modeled after “Shark Tank.” Teams are given a problem to solve within a set amount of time. They must invent a new product — or improve an existing one — to address the problem, then design a marketing and advertising campaign. Using poster board and markers, teams create an advertisement and pitch their idea to a panel of judges. Presentations are scored on creativity, feasibility, and presentation and communication skills.
Teams receive materials and instructions to assemble products against the clock. Success requires efficiency, teamwork, and quality control. Judges evaluate both the quantity and the quality of finished products, with the highest-scoring teams taking home awards.
For nearly four decades, ME has challenged and inspired thousands of students across the country. Teachers report that students leave with stronger teamwork skills, deeper economic understanding, and a sense of pride in their accomplishments.
“Students absolutely love ME — they get to be creative, collaborate, and show what they’ve learned in a fun and exciting way.” – Teacher from a participating school in Delaware
Volunteers are vital to the success of ME! Most volunteer roles run for the entire day (9 a.m.-2 p.m.) Opportunities include:
A short orientation is provided so volunteers feel confident in their role.
How to Volunteer: Email pcee@purdue.edu with “ME Volunteer” in the subject line.
Interested in sending a team or learning more?
Join our interest listing by sending an email to pcee@purdue.edu with “ME Competition” in the subject line.
Each school may send up to two teams of four students per grade (3rd–5th). A fully participating school could send 24 students total.
Schools are encouraged to host a mini-ME competition to determine which students will represent them.
If students are on grade level in economics and personal finance, no extra preparation is required. However, it’s helpful to familiarize them with the three events. Schools approach preparation differently:
No matter the approach, students gain valuable skills and enjoy the experience.
Yes, students will miss school to attend. While policies vary by district, this is an academic competition, and most schools treat it as an excused absence.
