Young Economist of the Year 2023
sponsored by KPMG
The 2023 competition is now closed. We received many brilliant submissions from over 2,000 young people, and selected 5 finalists from many worthy entries. Please see below for our finalists, as well as the 25 'commended' submissions that particularly impressed our panel of experts. Thank you for your submissions - we hope to see you again next year!
Finalists
Name | School | Topic |
|---|---|---|
P. Tummala, R. Donga, A. Basheer, N. Boya, P. Nasipudi | Pate’s Grammar School | Are the wages for top tier sportspeople justified? |
Aryan Shah and Tharan Sutharson | Watford Grammar School | Should there be a cap on what can be charged for gigs by ticket agents? |
Sadie Beran and Chloe Li | St Clement Danes School and Rickmansworth School | What are the trade-offs between economic growth and climate change? |
Felix Turrell | Hills Road Sixth Form College | What economic impact would the introduction of AI robots have? |
Yiya Zhang and Sami Shahadat | Altrincham Grammar School for Girls | What can economics tell us about how Big Tech should be regulated (if at all)? |
Commended
Name | School | Topic |
|---|---|---|
Nicholas Youmbi | Xaverian College | Are the wages for top tier sportspeople justified? |
Hannah Gordon | The Perse School | Are the wages for top tier sportspeople justified? |
Moradeke Akisanya, Maya Chathley, Sarah Lee, Meagan Tam, Valerie Wong | Cheltenham Ladies’ College | Are the wages for top tier sportspeople justified? |
Eunice Mak | St Swithun’s School | Are the wages for top tier sportspeople justified? |
Daniel Iwu | New Hall School | Should there be a cap on what can be charged for gigs by ticket agents? |
Madison Lopez | St Michael’s School | Should there be a cap on what can be charged for gigs by ticket agents? |
Verity Charnley | Loreto Grammar School | Should there be a cap on what can be charged for gigs by ticket agents? |
Olivia Kewley | Poynton Sixth Form | Should there be a cap on what can be charged for gigs by ticket agents? |
Yui Ching Wong | Abbey College Cambridge | What are the trade-offs between economic growth and climate change? |
Krish Rana | Harrow School | What are the trade-offs between economic growth and climate change? |
Atsushi Agari | Cardiff Sixth Form College | What are the trade-offs between economic growth and climate change? |
Reuben Anthony | The Cotswold Academy | What are the trade-offs between economic growth and climate change? |
Ashton Quilliam | St Ninian’s High School | What economic impact would the introduction of AI robots have? |
Anish Bharadwaj | Merchant Taylors’ School | What economic impact would the introduction of AI robots have? |
Charles Quinnin | Whitley Bay High School | What economic impact would the introduction of AI robots have? |
Britney Chan | Magdalen College School | What economic impact would the introduction of AI robots have? |
Aarav Singhal | City of London School | What can economics tell us about how Big Tech should be regulated (if at all)? |
Giuseppe Mangiavacchi and Trishan Chanda | Queen Elizabeth’s School, Barnet | What can economics tell us about how Big Tech should be regulated (if at all)? |
Shaan Virdi | Trinity School, Croydon | What can economics tell us about how Big Tech should be regulated (if at all)? |
Priya Chahar | Kings Rochester | What can economics tell us about how Big Tech should be regulated (if at all)? |
- Aim
- Eligibility
- Entry format
- What happens next?
AIM
The Royal Economic Society Young Economist of the Year competition 2023 sponsored by KPMG UK aims at encouraging Year 10 – Year 13 students (in England and Wales, or equivalent in Scotland and Northern Ireland) to produce their own ideas in analysing contemporary economic problems facing the UK and the world.
Students can choose from a list of topics provided below. Students do not need to be studying economics to be able to enter this competition. The RES welcomes entries from any students who are interested in economic issues and would like to share original ideas or perspectives on these issues. The RES also welcomes a diverse range of contributions and insights on the competition topics.
Entry format
Your entry must:
• answer only 1 of these 5 questions:
1. Are the high wages for top tier sportspeople justified?
2. Should there be a cap on what can be charged for gigs by ticket agents?
3. What economic impact would the introduction of robots and AI have?
4. What can economics tell us about how Big Tech should be regulated (if at all)?
5. What are the trade-offs between economic growth and preventing climate change?
• be in written or media format. Written would be in blog format no longer than 1,000 words. Media includes video, podcast or presentation slides.
• be an individual or group entry. Groups to be 2-5 students.
• must not include any personally identifiable information. This needs to be entered on the competition website.
• must not use applications such as ChatGPT or other forms of artificial intelligence (AI)
• you must acknowledge the use of information/material from other sources. We do not require a detailed in-text referencing of your arguments, however a list of sources that you have consulted and have substantively influenced your arguments must be included at the end of your entry. If a written entry then this is not included in the word count. View the ‘How to reference’ video for more guidance.
Frequently asked questions
Is there a time limit on podcasts/videos?
No, as long as it doesn't exceed the maximum file size for upload (15 MB). If your media is too large, try a free compression website online.
Do I need a transcript for my podcast?
No, but think about how you will submit your references - will this be spoken, or as a word document?
Do quotes contribute to the word count?
Yes.
Your data
Any personal data which may be submitted in an entry will be processed by RES in accordance with any applicable data protection legislation, and RES Privacy Notice available at https://res.org.uk/resources-library/privacy-notice/
Partners
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FT Schools
The Financial Times has created a hub for schools and colleges. Teachers in schools around the world with students aged 16-19 years old can get free access to the FT here and request individual FT accounts. Colleges in the UK can also sign up. You can check to see if your institution is already registered.
Schools Digest, a weekly newsletter from global education editor Andrew Jack, features student competitions, quizzes and the best of the Financial Times' expert analysis and coverage. All FT subscribers and those on the free schools programme can subscribe here to receive it every Monday at 7am.
Click here for more information.
Eligibility
To enter, you must be:
• in Years 10 to 13 in England or Wales, Years 11 to 14 in Northern Ireland, or S3 to S6 in Scotland (or equivalent)
• studying in the UK
The competition is free to enter.
You do not need to be studying economics, and you can work on your entry or with up to 4 other students.
For independent school entries we promote mixed group entries with local state schools.
What happens next?
Submit your entry here.
All entries must be submitted by 23.59 (BST) on 14 July 2023.
A panel will read and mark your entry before agreeing a final shortlist of 5 entries.
The 5 shortlisted entries will be announced in August 2023 ahead of an in-person final event to be held at KPMG offices in September 2023.
The in-person final will involve the 5 entries giving a 10 minute presentation followed by 5 minutes of questions from an expert panel before a winner is announced.
The winning entry will be featured in the Financial Times.