Success in Royal Economics Society Competition
Sixth Former Rebecca Heath’s essay on social inequality is highly commended by judges.
Sixth Form student Rebecca Heath has been highly commended in the prestigious 2015 Royal Economics Society (RES) Young Economist of the Year competition. Rebecca’s essay on social inequality, in which she assessed the impacts of the growing gap between rich and poor on economic growth and society as a whole, was one of just 60 to be highly commended from more than 2,100 entries.
The 17-year-old joined our school last September to study A Levels in Economics, Maths, Further Maths and Physics - and recently scored 100% in her AS Economics exam. She said: “I relished the opportunity to go beyond the curriculum and pursue an area of personal interest with independent study.”
Rebecca has previously represented Kimbolton at the Bank of England Target 2.0 Competition and the Regional Final of the Senior Team Maths Challenge. She is currently working on an Extended Project Qualification report on the subject of immigration, and hopes to eventually study economics at the University of Cambridge or the London School of Economics.
Kimbolton School Head of Economics Mr Jon Saunders said: “Rebecca is an exceptional economist with incisive logic, excellent mathematical ability and a fluent writing style. She is one of the best economics students in the country for her age.”
The annual RES essay competition is open to students in the UK and abroad who are currently studying AS / A2 Level or IB Economics (or an equivalent course). It is designed to extend understanding of real world economic problems, stimulating research as well as a clear and imaginatively crafted response.
In 2015, students were invited to write an essay of up to 2,500 words on one of eight subjects set by the RES judging panel, calling on key elements of their academic courses, examples from the world around them and imaginative discussion. This year’s topics were:
- “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.
- Should the Government support manufacturing? If so, how?
- Should raising GDP be the primary objective of economic policy?
- “The rising gap between rich and poor is not just bad for society, it is bad for growth." Discuss.
- Should “fracking” be allowed? If so, who should benefit?
- “It is immoral for the drug companies to charge large sums for drugs that are cheap to manufacture.” Discuss.
- "High saving promotes faster growth. So having more savers in the global economy should be good for our long run prosperity."
- “Does the economic case favour a new airport runway at Heathrow, Gatwick or elsewhere?”
Further information about the competition, plus the winning essays, can be found here.