Economics Essay Competition.
The Minds Underground™ Economics Essay Competition is aimed at students in Year 12 (though younger applicants are welcome). The competition provides students with an opportunity to engage in university-level research, hone their writing skills and draw links between economic concepts and real-world scenarios. Entrants must choose one question to answer.
Submission Deadline: 3rd March 2025.
2025 Economics Essay Competition Questions
01.
Is universal basic income (UBI) a viable solution to inequality in the 21st century?
Hint: Explore economic theories behind UBI, its potential to reduce poverty, and its long-term sustainability in various economies
02.
Should economic growth be prioritised over environmental sustainability?
Hint: Consider the trade-offs between GDP growth and sustainable development, and whether green economies can flourish in a capitalist system
03.
How do behavioural economics challenge traditional economic theories?
Hint: Discuss how human irrationality, cognitive biases, and emotional decision-making impact economic predictions and models
Are you in Year 11/12 & Thinking of Pursuing Economics at Degree Level/ Oxbridge?
We offer a range of exciting opportunities for students aspiring to a degree in Economics at a leading university:
Research Projects in exciting current fields with subject experts (great for personal statement content)
Economics Summer School for university/ Oxbridge applicants
Long-term Oxbridge Economics & related courses mentoring: Boosting knowledge beyond the curriculum, preparing for personal statement and interviews - visit our on-curriculum site, U2 Tuition for more information: https://www.u2tuition.com/university-applications
Interested in an Economics Competition Mentor? Looking for specialist support researching & writing? Our Oxbridge-educated masterminds are here to help! Sessions from £75/h + VAT. Enquire here
Past Questions
01.
What is the greatest economic challenge the world currently faces? – Explain why and how to solve it
02.
As you know, the coronavirus pandemic has caused a huge economic fallout here in the UK and across the globe. What do you think the Bank of England should have done in response to this?
03.
Is austerity ever necessary?
N.B. You may be interested in undertaking one of MU’s Economics masterclasses with our experts to give you ideas and help direct your research. Some examples are listed below!
Economics Essay Competition FAQs
Why should you enter our Economics Essay Competition?
Our Economics Essay Competition is a fantastic opportunity to strengthen your university application by showcasing your dedication to exploring an independent interest in economics. By taking part, you’ll develop essential skills in research, planning, and critical analysis—all highly valued by admissions tutors.
What is the prize for winning the Economics Essay Competition?
The winner will be awarded a £40 voucher redeemable with U2 Tuition or Minds Underground, along with a specially curated Resource Pack for Economics.
When is the deadline for the Economics Essay Competition?
Entries must be submitted by 11pm UK time on 3 March 2025.
Who is eligible to enter the Economics Essay Competition?
Open to all students in the UK and internationally! It is especially recommended for Year 12 students or gap-year applicants preparing to reapply to university, though younger students with a passion for economics are also encouraged to participate.
Can I receive support for the Economics Essay Competition?
Absolutely! Work alongside one of our experienced Economics Essay Competition mentors for assistance with interpreting questions, conducting research, and structuring your essay. Our mentors will also provide detailed feedback on your drafts. Many of our mentors have studied Economics at Oxbridge and can guide you through every stage of the process. Sessions start at £75/hr + VAT. Enquire here.
Can I submit multiple entries?
Only one entry is allowed per subject category, but you’re more than welcome to submit an essay in a different competition category!
Useful Economics Resources
These economics resources might offer some useful independent reading tips for our Economics essay competition, or help you prepare an Oxbridge Economics application. We have a wealth of resources to support you on our partner site, U2 Tuition.
Applying for Economics & Management
Oxbridge Economics Interview Questions
Oxbridge and Cambridge Economics Interview Resource Packs