In the Spring term of each year, any school students studying UK GCSE, A level, SQC Intermediate 2/Highers or International Baccalaureate (IB) courses are invited to write a unique essay of between 1,000 to 2,500 words, on a subject set by the President of the Royal Economic Society, calling on key elements of their studies, examples from the world around them and imaginative discussion. Applications for each year's essay topics are managed online through our partners tutor2u, the UK's leading online educational publisher who provide advice and resources to assist students. (View Tutor2U's blog and video on referencing)
Students should choose ONE of the following essay topics:
1. A recent UK tribunal case has found that Uber drivers are not self-employed and so should be paid the minimum wage and holiday pay. Is this to the advantage of actual and potential drivers or not?
2. Some politicians have proposed a maximum wage to lessen inequality. From an economics perspective, do you think it is good idea?
3. “Governments should raise the public science budget, to boost flagging UK productivity growth”. Do you agree? Explain your answer.
4. “Having more grammar schools would help raise education levels and opportunities”. Do you agree? Explain your answer.
5. “If you don't look after your health, you can't expect free access to healthcare”. Is this wrong? What are the economic arguments?
6. A report (Hendryreview.wordpress.com) has recently concluded that it's worth investing in tidal lagoon systems even though the energy produced is expensive. What are the key judgements and assumptions which lead to this conclusion and how would you challenge them?
You will find more resources and details on these topics at tutor2U.net
The winner of the Young Economist of the Year receives an award and wins £1,000, with runners-up each receiving £500. All those on the final shortlist or highly commended lists will receive a certificate from our partners in the competition, the online educational resource publisher tutor2U.net.
Who is judging the competition?
Tutor2u arranges a panel of over 20 Economics teacher judges from across the UK, who meet over two days to read through all of the entries and put together a shortlist of essays for final judging and also a list of highly commended entries from the 2016 competition which are then passed to the Royal Economic Society for the final judging. The RES judging panel in 2017 will be made up of: Andrew Chesher (President, RES), Jonathan Haskell (Imperial College London), Bridget Rosewell (Volterra Partners) and Alvin Birdi (Economics Network and University of Bristol).
The deadline for submitting essays is Sunday, 9th July 2017 at 2359 hours (GMT).
From this page, you can link to the Essay titles and Competition winners and runners-up, their essays and the judges' reports from previous years:
RES Young Economist of the Year 2015 - Lok Yin Cheng Winning Essays & Judges Report
RES Young Economist of the Year 2014 - Kartik Vira Winning Essays & Judges Report
RES Young Economist of the Year 2013 - Ellie Heatherill. 2013 Winning Essays & Judges Report
RES Young Economist of the Year 2012 - Calum You. 2012 Winning Essays & Judges Report
RES Young Economist of the Year 2011 - Mayank Banarjee. 2011 Winning Essays & Judges Report
RES Young Economist of the Year 2010 - Jessica Hawley. 2010 Winning Essays & Judges Report
RES Young Economist of the Year 2009 - Tiffany Young. 2009 Judges Report & winning essay
RES Young Economist of the Year 2008 - Lizzy Burden & Promit Anwar. 2008 Winning Essays & Judges Report
RES Young Economist of the Year 2007 - Zoe Hart. 2007 Report.