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2015 RES Economics Essay Competition

2015 RES Economics Essay Competition

School students are invited to choose one of the topics below to write an essay of up to 2,500 words, on one of the subjects 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).


Students should choose ONE of the following essay topics for 2015:

  1. “Countries like Greece caused the Eurozone crisis by running up too much debt, so it is only fair that they should bear most of the burden of fixing it.” Discuss.
  2. Should the Government support manufacturing? If so, how?
  3. Should raising GDP be the primary objective of economic policy?
  4. “The rising gap between rich and poor is not just bad for society, it is bad for growth.” Discuss.
  5. Should “fracking” be allowed? If so, who should benefit?
  6. “It is immoral for the drug companies to charge large sums for drugs that are cheap to manufacture.” Discuss.
  7. “High saving promotes faster growth. So having more savers in the global economy should be good for our long run prosperity.”
  8. “Does the economic case favour a new airport runway at Heathrow, Gatwick or elsewhere?”


The Royal Economic Society

2015 RES Economics Essay Competition


The first prize will once again be £1,000 together with an engraved trophy together with cash prizes for the other leading essays.


June 30, 2015 at 2400 hours (BST)


  • 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
  • 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.
  • Essays should be submitted using this online form

Any queries on the competition should be addressed to the RES administrator, Amanda Wilman on


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