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Home > Education and Museum > Target Two Point Zero - The Bank of England and The Times Interest Rate Challenge
 

Target Two Point Zero - The Bank of England and The Times Interest Rate Challenge

Target Two Point Zero - The Bank of England and The Times Interest Rate Challenge gives teams of students aged 16-18 the chance to take on the role of the Bank of England's Monetary Policy Committee, assess economic conditions and the outlook for inflation and tell panels of judges what monetary policy they would set to achieve the Government's inflation target of 2.0%. 

 

Oundle School, Nr Peterborough, 2013/14 National Champions

Slides from presentation (4.56MB)

The Target Two Point Zero website provides teachers and students with information to help them take part in the Interest Rate Challenge. Although it is aimed mainly at participants it can be used by anyone who is teaching or studying, or simply has an interest in economics and monetary policy.  293 schools and colleges took part in last year's Challenge which ran from September 2013 to March 2014. To see the results of the 2013/14 Challenge go to Last Year's Challenge
 
This year's competition launched on Tuesday 20 May and closed to entries on Monday 16 June 2014.  Demand for places is high and we have to limit the number of entries we accept.  The schools that will be taking part in this year's competition will be selected by ballot after the closing date.  All schools will be notified of the outcome by the end of June.
 

 Contact the Target Two Point Zero Team

Tel: 020 7601 5366

   

Key Resources

 

Information Brochure 2014/15 (360KB)

Target Two Point Zero Resource Manual (680KB) The manual provides guidance   on what the Challenge involves;  it explains how the economy and monetary policy work, and what factors determine and influence inflation and monetary policy decision.  The manual is updated annually and this year's version will be available at the start of September 2014. 

 Quantitative Easing Resource (41KB) This is updated annually and this year's version will be available at the start of September 2014.

 

 

 

 

 
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