The National Council on Economic Education and the Goldman Sachs Foundation created the National Economics Challenge in 2000 to promote student interest in economics, reinforce classroom instruction, advance academics and school spirit, and reward scholarship. It features three levels of competition–state, regional, and national–and two divisions to enable any student taking an economics course to participate. At each level of competition, student teams face off against one another in answering rigorous questions on microeconomics, macroeconomics, international economics, and current economic events. Winners receive significant prizes and honors, including cash awards, trophies, and medals. Most travel expenses for the regional and national competitions will be paid by NCEE.