Round 1 of 2022 – 2023 Economic Forum attracted 300 students with 100+ entries

Officially launched on October 27, 2022, after only 1 month, Round 1 attracted 100 entries from more than 300 students from Grades 9 to 12 taking Economics of both Standard and Cambridge programs.

What is inflation?

What causes inflation?

What is inflation like in many countries? Or how can inflation be managed?

These questions are some of many issues raised by high school Vinsers in the first round of the contest – the 2022-2023 Economic Forum with the theme “Global inflation & the risk of worldwide recession.”

Officially launched on October 27, 2022, after only 1 month, Round 1 attracted 100 entries (a 20% increase compared to the previous year) from more than 300 students from Grades 9 to 12 taking Economics of both Standard and Cambridge programs.

“The topics that students choose are close to the topic of inflation. Some choose to write on the current situation of countries such as France or Germany which are European countries directly affected by the Russia-Ukraine war. Others choose to analyze manufacturing, commerce, trade, and services that clearly show the impact of inflation such as gasoline, food, real estate, powdered milk, etc.” Mr. Nguyen Duc Hai, Coordinator of Economics at Vinschool, commented on the quality of the submissions in Round 1.

Hoang Nhat Duong, an 11th grader at Vinschool The Harmony, said: “We chose to research inflation in China because it is a large country and its economy is being influenced by prominent political events in the world. Thanks to the knowledge from Economics lessons, the group can better understand the numbers that indicate inflation and know how to select the information to be included in the presentation, creating the most complete and quality submission.”

Under the high expectations of the judges from leading universities in Economics such as Foreign Trade University, National Economics University, and Hanoi National University, the teams selected for Round 2 (the preliminary round) are “winding up” to complete the best submissions to present to the judges.

By selecting inflation – a topic of macroeconomic impacts on many aspects and areas of life as well as prices of goods and services – this year’s forum provides opportunities for Vinsers to learn, research and analyze under multi-dimensional perspectives on economic issues in real economic conditions, thereby linking learning and research activities with practice.

We look forward to showcasing the talents of future “economic experts” at the online Preliminary Round expected to take place from February 1, 2023 to February 10, 2023!