Foreign, Commonwealth and Development Office launches Next Generation Economics Competition


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.