Each year, the Bank of Canada invites undergraduate students to participate in a competition designed to promote understanding of the role of monetary policy in Canada’s economy.
To compete in the challenge, you get together with fellow economics students and create a video presentation describing a policy recommendation to Bank of Canada judges. Essentially, you advise the Bank’s Governing Council by analyzing and forecasting economic developments and recommending whether the Bank should raise the key interest rate, lower it or leave it unchanged. Now that’s hands-on experience.
If you are interested in participating, speak to your professor. You can learn more on the Governor’s Challenge website.