Laurence H. Meyer, co-founder of Macroeconomic Advisers, former Federal Reserve governor and former Fed Challenge judge, discusses the Fed's asset purchase-based monetary policy and receives questions from students, Erik Larsson and Tom Moore along with Professor of Economics Aaron Jackson.

Economics Professor Aaron Jackson and students Erik Larsson and Tom Moore discuss their experience competing in the 2012 Fed Challenge on Bloomberg Radio's "The Hays Advantage."

Bloomberg Radio will debut on Clear Channel’s WXKS 1200AM/94.5FM-HD2 with Bentley University as a co-producer of content, drawing on Bentley's academic resources. Bloomberg Radio will also present programming that incorporates students, including the award-winning Fed Challenge team and student-run Bentley Investment Group.

The Federal Reserve announces the results of the 2012 College Fed Challenge - a national competition where undergraduate teams analyze economic and financial conditions to formulate monetary policy recommendations. This year, Bentley took home second place behind Northwestern.