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The test is completed online within 50 minutes using 100 multiple-choice questions covering supply and demand, market structures, fiscal and monetary policy, and the global economy. Eligibility rules specify membership deadlines, NLC registration, official housing requirements, participation limits, identification at check-in, late-arrival handling, scoring and tie-breaking, and penalty and disqualification conditions.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/economics-competitive-events-guidelines-2026-2027-objective-test/462371/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/economics-competitive-events-guidelines-2026-2027-objective-test/462371.png","ImageObject",300,407,{"name":92,"@type":93},"Aldword","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-22","2026-09-30",true,{"@type":102,"interactionType":103,"userInteractionCount":44},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What is the format and duration of the Economics competitive event at NLC?","Question",{"text":112,"@type":113},"The event is an online objective test proctored and completed on-site at the NLC. Competitors have 50 minutes to complete 100 multiple-choice questions.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What topics are covered in the Economics test?",{"text":117,"@type":113},"The test is based on knowledge areas including fundamental economic concepts, the nature of business, economic systems, government impact on business, cost/profit relationships, economic indicators, and global trade.",{"name":119,"@type":110,"acceptedAnswer":120},"How are ties broken and what are the scoring rules?",{"text":121,"@type":113},"Each correct answer is worth one point and incorrect answers do not deduct points. Ties are resolved by comparing correct answers to 10 preselected questions, then 20 preselected questions, and if still tied, ranking by shortest completion time.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},462371,1790999388,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":44,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":29,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144},2336478940917,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","2026-2027 Competitive Events Guidelines  \nEconomics  \nEconomics challenges members to demonstrate their understanding of key economic concepts and principles through an objective test. This event covers topics such as supply and demand, market structures, fiscal and monetary policy, and the global economy, encouraging members to explore how economic forces shape the world.  \nEvent Overview  \nEducational  \nAlignments  \n\n| Division | High School |\n| --- | --- |\n| Event Type | Individual |\n| Event Category | Objective Test |\n| Event Elements | 50-minute test, 100-multiple choice questions |\n\n| Event Information: |  |\n| --- | --- |\n| National Leadership Conference:\u003Cbr>Timing Structure:\u003Cbr>Test Duration: 50 minutes\u003Cbr>Important Notes:\u003Cbr>• Internet Access: Provided for testing time only.\u003Cbr>• Event Schedule Notes:\u003Cbr>o Some events may begin before the Opening Session.\u003Cbr>o All schedules are posted in local time for the NLC host city.\u003Cbr>o Schedule changes are not permitted. | State/District:\u003Cbr>Check with your State Leader for state-specific competition information and deadlines. |\n\n*** Event specifics are continued below . Review the document in its entirety.  \nKnowledge Areas  \n• Fundamental Economic Concepts  \n• Nature of Business  \n• Economic Systems  \n• Government’s Impact on Business  \n• Cost/Profit Relationships  \n• Economic Indicators  \n• Global Trade  \nTest questions are based on the knowledge areas and objectives outlined for this event. Detailed objectives can be found in the study guide included in these guidelines.  \n\n| Test Composition |  |\n| --- | --- |\n| 30\u003Cbr>25\u003Cbr>20\u003Cbr>15\u003Cbr>10\u003Cbr>5 0 | |\n\n2026-2027 Competitive Events Guidelines  \nEconomics  \nDistrict/Region/Section  \nCheck with your District/Region/Section leadership for District/Region/Section-specific competition information and deadlines.  \nState  \nCheck with your State Leader for state-specific competition information and deadlines.  \nNational  \nRequired Competition Items  \n\n| Items Competitor Must Provide\u003Cbr>• Sharpened pencil\u003Cbr>• Fully powered device for online testing\u003Cbr>• Conference-provided nametag\u003Cbr>•  Photo identification\u003Cbr>• Attire that meets the FBLA Dress Code | Items FBLA Provides On-site\u003Cbr>• One piece of scratch paper per competitor\u003Cbr>• Internet access\u003Cbr>• Test login information (link & password provided at test check-in) |\n| --- | --- |\n\nEligibility Requirements  \nTo participate in FBLA competitive events at the National Leadership Conference (NLC), the following criteria must be met:  \n• Membership Deadline: FBLA national membership dues must be paid to the specific division by 11:59 p. m. Eastern Time on March 1 of the current school year.  \n• Repeat Competitors: Members may only compete in an event at the NLC more than once if they have not previously placed in the top 10 of that event at the NLC. If a member places in the top 10 of an event at the NLC, they are no longer eligible to compete in that event at future NLCs, unless the event has been modified beyond a name change. Chapter events are exempt from this procedure.  \n• Conference Registration: Members must be officially registered for the NLC and must pay the national conference registration fee to participate.  \n• Official Hotel Requirement: To be eligible to compete, competitors must stay within the official FBLA housing block.  \n• State Entry Limits: Each state may submit up to four entries per event.  \n• Event Participation Limits: Each member may participate in:  \no One individual or team event, and  \no One chapter event (e.g., Community Service Project or Local Chapter Annual Business Report) .  \n• Participation Requirement: To be eligible for an award, each competitor must complete all components of the event at the National Leadership Conference.  \n• Identification at Check-in: Competitors must present valid photo identification (physical or digital) that matches the name on their conference name badge. Acceptable forms include a driver’s license, passport, state-issued ","cbCaijWtSF6OI4te","https://ap.wps.com/l/cbCaijWtSF6OI4te","pdf",258273,"English","# Event Overview\n## Educational Alignments\n## Event Information (High School)\n# Knowledge Areas and Test Content\n## Fundamentals and Objectives\n## Test Composition\n# Competition Locations and Notes\n## District/Region/Section\n## State\n## National\n# Required Items and Eligibility Requirements\n## Items Competitor Must Provide\n## Items FBLA Provides On-site\n## Eligibility Requirements\n# Event Administration and Scoring\n## Format and Materials\n## Scoring and Tiebreakers\n## Penalty Points\n## Recognition\n# Americans with Disabilities Act (ADA)","[{\"question\":\"What is the format and duration of the Economics competitive event at NLC?\",\"answer\":\"The event is an online objective test proctored and completed on-site at the NLC. Competitors have 50 minutes to complete 100 multiple-choice questions.\"},{\"question\":\"What topics are covered in the Economics test?\",\"answer\":\"The test is based on knowledge areas including fundamental economic concepts, the nature of business, economic systems, government impact on business, cost/profit relationships, economic indicators, and global trade.\"},{\"question\":\"How are ties broken and what are the scoring rules?\",\"answer\":\"Each correct answer is worth one point and incorrect answers do not deduct points. Ties are resolved by comparing correct answers to 10 preselected questions, then 20 preselected questions, and if still tied, ranking by shortest completion time.\"}]","Economics - Competitive Events Guidelines 2026-2027 - Objective Test | PDF",1790763918,15]