National Economic Council

Ever since its establishment in 1993, the National Economic Council has been responsible for providing advice about economic policy to the President of the United States in hopes of nurturing economic prosperity. It creates, evaluates, and revises economic policy for the country. The Council is on call for all 24 hours everyday and will often be faced with challenging situations as crises arise.

Composition

The Council is chaired by the President, directed by the Assistant to the President for Economic Policy along with the Deputy Directors for Domestic and International Affairs. Also, sitting on the committee is the Vice President, the Secretary of State, the Secretary of the Treasury, the Secretary of Agriculture, the Secretary of Commerce, the Secretary of Labor, the Secretary of Housing and Urban Development, the Secretary of Transportation, the Secretary of Energy, and the Secretary of Health and Human Services. Occassionally, the committee is also supplemented by the Administrator of the Environmental Protection Agency, the Chair of the Council of Economic Advisors, the Director of the Office of Management and Budget, the United States Trade Representative, the Assistant to the President for Domestic Policy, the Assistant to the President for National Security, and the Assistant to the President for Science and Technology Policy.

These are the leading experts on economic policy from a variety of niches and perspectives, a combination that is meant to facilitate efficient quality policy decisions.

Pre-Conference Preparation

Be up-to-date with current U.S. economic policy, proposed future changes and progression in this policy, and how the National Economic Council has reacted to major national and international changes. Make sure to explore the real NEC website. Debate on the NEC during the crisis scenarios is intense, meaning that well-seasoned debaters should be taking up a school's seat on the Council.

Final Thoughts

A fundamental understanding of macroeconomic policy and history will put you a step ahead of your competitors. Try to learn as much as you can!