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Foreign, Commonwealth and Development Office launches Next Generation Economics Competition

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The Foreign, Commonwealth and Development Office (FCDO) invites UK students to write about big economic challenges by 18 February 2022.

The FCDO has launched the 2021-2022 Next Generation Economics Competition, following its predecessors success last year. This competition aims to get students thinking about the big economic challenges facing their generation. Inspiring a new generation of economists who are more diverse and open-minded than the current generation

The Next Generation Economics Competition asks students in years 10-13 (in England and Wales, or the equivalents in Scotland and Northern Ireland) to write a letter no longer than 800 words to the department’s Chief Economist on one of two questions:

  1. What economic policies should governments around the world use to economically empower women and girls?
  2. What economic policies should the UK government use to facilitate a fair transition away from fossil fuels globally? 

Students do not need to study economics. The winners will be announced in March 2022, they will receive £250 and be invited to present their ideas to the Chief Economist and their team at the FCDO. Runners up will also receive a cash prize. The winning letters will be published on the GOV.UK website and share them across the Government Economic Service.

For those interested, have a look at the website here or contact NextGenerationEconomics@fcdo.gov.uk if you would like further information about the competition. The closing date for entries is 18 February 2022.

RES hosts a Young Economist of the Year competition with the Financial Times for A-Level sixth-form students. You can read more about the competition and past winners here.