Potters Bar school’s pupils triumph in economics competition

Economics teacher Mr Mahajan (far left) with the pupils

Economics teacher Mr Mahajan (far left) with the pupils - Credit: Archant

A Potters Bar school’s economics pupils soared to victory in a regional competition.

Six Dame Alice Owen’s youngsters took part in the Target Two Point Zero challenge, which involved students aged 16 to 18 from more than 250 schools analysing the current economic climate.

The groups had to create and deliver a presentation to a panel of judges from the Bank of England.

The 15-minute reports concluded with what interest rate the team would set to achieve the Government’s 2 per cent inflation target, along with recommendations on asset purchasing and forward guidance.

Dame Alice Owen’s was one of seven schools in its heat.

Pupil Callum Brooks said: “It was a long slog, but one quote kept us going: ‘nothing is impossible, the word itself says I’m possible’.

“We are really chuffed to have won our heat.”

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Economics teacher, Mr Mahajan, said: “As always, we would have been proud of our students whatever the outcome had been.

“We would like to commend the grit, determination and sheer resilience that our students demonstrated in the lengthy preparation phase and on the day itself.”

The school is one of 40 nationwide which will compete in the Area Championships, before six schools then battle it out in the national final.