Ultimate List of Economic Competitions for High Schoolers

Apr 6, 2024

John Doe

For those with an interest in economics, competitions are one of many ways to showcase your knowledge and passion in the field.

With economics being a high demand in the legal profession and corporate world, it's important to set yourself apart from the rest.

Finding these economic competitions and winning them will give you a shot at impressing admission officers.

Ultimate List of Economic Competitions for High Schoolers 2024 The National Economics Challenge The National Economics Challenge (NEC) tests students on their knowledge of global economics, as well as micro and macroeconomics.

Once they qualify for the First Round National Challenge and National Semi-Final Level, the team is rewarded with a fully-funded trip to New York, where they will challenge teams from other states.

While each state holds its state competition on different dates, the National Semifinals are from April 24-28, and the National Finals are from May 20-2

2. The National Personal Finance Challenge Along with the Economics Challenge, the Council for Economics holds a nationwide competition for high schoolers to demonstrate their knowledge of the concepts of earning income, spending, saving, investing, managing credit, and managing risk.

In the first round of the NPFC, student teams compete in a fun online 30-question challenge.

The top 16 teams in the National Finals will advance to compete for the national championship title in a Quiz Bowl.

If you're new and interested, look out for your local affiliate!

Harvard Pre-Collegiate Economics Challenge (HPCEC) The Harvard Pre-Collegiate Economics Challenge is a prestigious international competition for high school students passionate about economics.

They test students on their knowledge on an AP Microeconomics and Macroeconomics level as well as their understanding of economic news, history, recent research, and application in a wide variety of fields.

Interested in participating?

You can create a team of 1-4 people with a coach.

To practice, you can see their website which/ has questions from previous years.

Wharton Global High School Investment Competition The Wharton Global High School Investment Competition is a free, experiential investment challenge for high school students and teachers.

Students work in teams of 4-7 and have access to an online stock market simulator.

Winners are selected on the strength and articulation of their team strategies, not on the growth of their portfolios, which is a key differentiator between this investment challenge and others.

And on the plus side, there's an additional competition for middle schoolers hosted by Wharton Global!

International Economics Olympiad The International Economics Olympiad, like many other olympiads, tests students on their ability to solve problems related to Economics, Business, and Finance.

The test begins as a multiple-choice question part about financial literacy and theories on economics before you advance to state and nationals and you have to present a business case in front of a jury.

Want to win these prestigious and highly competitive competitions?

Watch Rishab's video full of secrets from an International Math Olympiad winner!

PlaySecrets from International Math Olympiad Winner (Exclusive Interview) World Economics Cup The World Economics Cup is an international platform for high school students interested in economics.

The competition tests students on pre-learned information as well as giving enough academic guidance and background knowledge in the competition beforehand.

The competition begins around the beginning of November, with varying deadlines depending on the state or country you live in.

InvestWrite's Stock Market Competition Have you invested in the Stock Market Game?

Students who are participants in the Stock Market Game are invited to write essays with similar prompts divided based off of grades.

For the year 2024, the prompt is: Which investment in your Stock Market Game portfolio performed the best and why?

Using this investment, recommend a diversified $25,000 portfolio of stocks, bonds, and/or mutual funds to save for a personal, family or community goal in the year 203

0. Be sure to mention what your goal is.

All submissions are due April 10th.

Winners earn a gift card, a $750 award, and more!

The essays are judged based off of three parts: rationale, understanding, and writing style.

There has to be a logical thought process involved in addressing the assignment, a full understanding of the subject matter, and an engaging style interesting to any reader who glances at it.

Euro Challenge While admittedly sounding like a competition for Europeans, this challenge about European economic and monetary policy is for students in the United States and in Canada to participate in.

Each year, a task is given to teams to deliver a 15-minute presentation centered around the European Central Bank.

Just like many competitions, this begins at the regional level before moving up to state and eventually nationals, where you'll travel to New York to present your idea.

The competition has a warm-up update in November before it really begins in January up until March.

Keep an eye out for it next year!

Young Economist of the Year  This competition is held by Discover Economics, for Year 10 – Year 13 students (in England and Wales, or equivalent in Scotland and Northern Ireland) to produce their own ideas in analyzing contemporary economic problems facing the UK and the world.

Students can choose from a list of topics to answer a set of questions and are welcome to team up in groups of

5. The Royal Economic Society also welcomes a diverse range of contributions and insights on the competition topics.

Global Youth Investment Summit This competition is the culmination of investment skills gained during the year and provides High School students hands-on mentoring in financial analysis.

Students (either individually or in teams of two) create a “best stock idea” and analyze a publicly traded company–sometimes meeting with company management.

Each student/team writes a report on their chosen company with a “Buy” or “Sell” recommendation and then presents and defends their analysis in a written report and brief to a panel of industry professionals.

Students can select a team member from another school or state if necessary.

Both students will need to decide which State event to participate in when registering.

All events will be judged via YouTube video submission.

Winners will be invited to participate in person at the Global Youth Investment Summit filled with workshops, speakers, case studies, games, and many more opportunities!

High School Fed Challenge An economic competition for students in the United States, this competition aims to encourage students in grades 9 – 12 to learn more about economics and promote interest in economics as a subject for study and the basis for a career.

Previous study of economics is not required – only intellectual curiosity and interest in exploring an economic theme.

Every year, the challenge has a different theme to follow up on and to center around, where teams will have to record their presentation analyzing the prompt given.

New years and students who have done this before will be divided up into Rookie and Experienced divisions, which they call "Bernanke" and "Yellen" divisions.

GYEF Competitions A set of economic competitions for students interested in the field, the Global Youth Economics Forum hosts a variety of competitions in different formats to engage students in their passion.

While this year's isn't a competition exactly, it is a competitive scholarship for high schoolers and college students!

Past years have hosted writing competitions, quiz-bowl formatted rounds, and the Stock Market Simulation.

With abundant ways to engage, GYEF offers a fun way to show off your knowledge of economic theories and their applications!

Concluding Remarks Interested in finding more competitions?

Want to meet like-minded people?

Check out Rishab's Discord Server, a community full of extra opportunities from Rishab and students passionate about their craft!

Image Source: Council for Economic Education.

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