Target Two Point Zero

Target Two Point Zero

Target Two Point Zero is an interest rate challenge in the UK set by the Bank of England and The Times.

The challenge

Target Two invites students aged 16 to 18 to take on the role of the Monetary Policy Committee to analyse current economic conditions in the UK and the outlook for inflation. Teams of four students must create a formal presentation that is delivered to a panel of judges from the Bank of England. The presentation must conclude with a recommendation on exactly what interest rate the team would set in order to achieve the UK government's inflation target of 2.0% CPI.

Following the initial presentation, which lasts a maximum of 15 minutes, the judges have the opportunity to ask questions about what has been said. They might ask the students to justify or clarify certain aspects of their interpretation of the economic conditions.

Structure of the competition

The Challenge has three identical rounds: regional heats, area finals and the national final. There is a sufficient time lapse between rounds to compel teams to change and update their presentation to take into account of new economic statistics, or the MPC’s own interest rate decisions.

See also

*Monetary Policy
*Interest rate

External links


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • zero — /zear oh/, n., pl. zeros, zeroes, v., zeroed, zeroing, adj. n. 1. the figure or symbol 0, which in the Arabic notation for numbers stands for the absence of quantity; cipher. 2. the origin of any kind of measurement; line or point from which all… …   Universalium

  • Point-blank range — In external ballistics, point blank range is the distance between a firearm and a target of a given size such that the bullet in flight is expected to strike the target without adjusting the elevation of the firearm (see also gun). The point… …   Wikipedia

  • Zero-energy building — BedZED zero energy housing in the UK A zero energy building, also known as a zero net energy (ZNE) building, Net Zero Energy Building (NZEB), or Net Zero Building, is a popular term to describe a building with zero net energy consumption and zero …   Wikipedia

  • Bravo Two Zero — Infobox Military Conflict conflict= First Gulf War,1991 partof=the Gulf War caption= date= 22 January 1991 place= Baghdad,Iraq result= British victory combatant1=Britain combatant2=Iraq commander1=Andy McNab commander2=Saddam Hussein strength1=8… …   Wikipedia

  • Hunter Field Target — (HFT) is a target shooting sport derived from the air gun disciplines of field target shooting and hunting. Primarily an outdoor sport, shot with UK legal air rifles (rated at a maximum of 12 ft·lbf), a typical HFT course is made up of 30 lanes,… …   Wikipedia

  • NTFS junction point — An NTFS junction point is a feature of the NTFS file system that provides the ability to create a symbolic link to a directory which then functions as an alias of that directory. This has many benefits over a Windows shell shortcut (.lnk) file,… …   Wikipedia

  • Experience point — Level up redirects here. For the BBC television program, see Level Up. An experience point (often abbreviated to Exp or XP) is a unit of measurement used in many role playing games (RPGs) and role playing video games to quantify a player… …   Wikipedia

  • Magic point — Magic points (MP; also called mana) are units of magical power that are used in many role playing, computer role playing and similar games as an expendable resource that is needed to pay for magic spells and other abilities, such as special… …   Wikipedia

  • The Tipping Point — infobox Book name = The Tipping Point: How Little Things Can Make a Big Difference orig title = translator = author = Malcolm Gladwell cover artist = country = United States language = English series = classification = Non Fiction genre =… …   Wikipedia

  • Bank of England — Bank of England …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.