In addition, the winning team will receive a prize of £10,000 for their school or college, the runners-up will receive £5,000, and the third team £2,000.
The Governor said "The competition offers students a great opportunity to deepen their understanding of the economy in a practical and policy-oriented way, as well as developing key skills which are an important part of post-sixteen qualifications. I am delighted at the level of interest and enthusiasm shown by the teams taking part in this year's Challenge, and I look forward to meeting the finalists next week.