please download this pdf file.

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Essay
Competition
2016
M
CIETY
SO
The young
economist
of the year
NOMIC
O
C
School students are now invited to choose one of the topics below to write an essay of
between 1,500 to 2,500 words, on one of the subjects below, set by the RES judging panel,
calling on key elements of their A Level or International Baccalaureate courses, examples
from the world around them and imaginative discussion.
The RES judges are Sir Charles Bean (RES President, former deputy governor of the Bank of England), Stephanie
Flanders (award winning BBC journalist and Economics Editor, now J.P. Morgan Asset Management's chief
market strategist for the UK and Europe) and Professor Jonathan Haskel (Imperial College and elected
member of RES Council).
The first prize will once again be £1,000 together with an engraved trophy together with
cashprizes for the other leading essays.
The deadline for submitting essays is midnight on Thursday 30th June.
The essay topics for 2016 are:
1 “Allowing more immigration of refugees would be good both
for refugees and for the economies they come to.”Discuss.
2 “Low interest rates penalise the thrifty, so the sooner the Bank of
England raises interest rates the better.” Discuss
3 Should the government compensate households and businesses
that get flooded out?
4 Further support is needed for first-time buyers in order to tackle
the present unaffordability of housing. Do you agree?
5 Does rising inequality warrant the imposition of higher
income and inheritance taxes on the rich?
6 Should internet companies like Uber and Airbnb be regulated?
All applicants are asked to note the following criteria:
• The competition is open to all students who are currently
studying GCSE, AS / A2 Level or IB Economics (or an
equivalent course)
• All essays must be submitted online using the official
online entry form which will be uploaded to this account.
• The maximum word count for entries is 2,500 words
• The word count includes footnotes, but excludes
references and bibliography.
• Only one entry per student is permitted
• No revisions to entries are permitted once submitted
• Please note that entries to the competition should be
unique (i.e. not published elsewhere or submitted to
other essay competitions.)
• Entries must be submitted in either Microsoft Word
(doc, docx) format or PDF format. No other formats are
acceptable.
Any queries on the competition should be addressed to tutor2u or general queries to the RES
administrator, Amanda Wilman on [email protected].