Monday 4 March 2013 Four Upper Sixth economists will step into the shoes of the Monetary Policy Committee for a day, as they attempt to win over a panel of expert judges with their prescription for the economy. The team of Calum Grant, Annabel Asquith, Stuart Duffy and Daniel Gross have won the area final of Target Two Point Zero – the Bank of England and The Times Interest Rate Challenge – and will now take on the top teams from schools across the country. For the national final, held at the Bank of England in late March, the team will have to expand on the 17 minute presentation they gave at the area stage, assessing the risks to inflation and recommending a monetary policy to limit the inflation rate. Annabel said: “We have lots of work to do before the final as the presentation time increases with each round. It’s vital to keep up to date with developments – news of the triple A credit rating downgrade broke the day before the area final so we had to factor it in at the last minute. Taking part in the competition means we’re getting real world knowledge and learning so much more than the exam syllabus.” GSAL are hoping to go one better than last year when they were runners up in the national final. Photo: l-r Daniel Gross, Calum Grant, Annabel Asquith and Stuart Duffy pictured with their trophy from the area final General Senior School Sixth Form News
