News Release

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May 3, 2006

International Economic Summit Brings High Schools Together for Simulated World Trading Competition

Hundreds of Idaho high school seniors are preparing to go global with their ideas for improving economies in nearly 100 countries around the world. The students will come together for simulated world trade during International Economic Summits at Boise State University May 9 and 17.

The all-day competitions are structured like a model United Nations with each student team representing a different country. The students will have spent weeks getting ready, researching their assigned country’s economy, political structure, imports and exports, natural resources, infrastructure needs, and other strengths and weaknesses. These “economic advisers” will then come to the event with specific strategies in mind, prepared to negotiate and trade their way toward improving the standard of living within “their country.”

Summits will be held from 8 a.m. to 3 p.m. in the Student Union Jordan Ballroom. The trading session, the highlight of the day, will be held from 1:30-2:30 p.m. The public is welcome to attend.

The International Economic Summit began 15 years ago in a Borah High School classroom. It has grown throughout Idaho, with more than 19,000 high school seniors participating. The innovative international trade curriculum has also spread to Illinois, Indiana, California, Washington and Tennessee as well as Moscow, Russia, and Mexico.

Representatives from Illinois, Washington, Oregon and Oklahoma will evaluate the summit and attend an executive luncheon that features Idaho Lt. Gov. Jim Risch, who will discuss the importance of international trade and educating youth in global economics, said Leon Maynard, Idaho Economic Council president and event organizer.

The Micron Foundation is the primary sponsor for the spring International Economic Summits at Boise State.

“With Micron’s global presence, we realize the importance of educational experiences that demonstrate global economic principals. Our students need to be increasingly exposed to hands-on learning that will connect them with the world around them,” said Kami Faylor, Micron Foundation representative. “The International Economic Summit program is an exciting and engaging curricular event for high school students.”

Other sponsors include Albertsons Foundation, Buy Idaho, US Bank, Wells Fargo Bank, Idaho Commerce and Labor and Washington Group International. The summit is a cooperative venture between the Idaho Council on Economic Education at Boise State University, the Boise State University Foundation, the Centers for Economic Education at Idaho State University, University of Idaho, College of Southern Idaho and the Idaho Department of Education.

For more information about the summit, call 426-1810.

Contact: Leon Maynard, Idaho Council on Economic Education president, (208) 426-1810, leonmaynard@boisestate.edu
Media Contact: Sherry Squires, University Communications, (208) 426-1563, ssquires@boisestate.edu

Boise State University is the largest institution of higher education in Idaho with about 18,600 students and 2,200 faculty and staff. More than 190 undergraduate, graduate, doctoral and technical degrees are offered within eight colleges. A metropolitan university located in the capital city, Boise State is committed to life-enhancing research, teaching excellence and public service.
 



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Last reviewed on Wednesday, January 03, 2007