Introduction: Established in 1927, the Marshall Society is the Economics Society of the University of Cambridge. The competition invites pre-university students to write a convincing and well-structured essay related to economic theories.
Competition Format: Participants are to submit an essay response to one of the following questions:
- In what ways could Artificial Intelligence reshape the labour market? Will it usher in Keynes’ ‘age of leisure’?
- ‘Policymakers can’t exploit the Phillips curve to reduce unemployment due to the Lucas critique.’ Evaluate this statement.
- The US Federal Child Tax Credit is scheduled to revert from $2,000 to $1,000 by 2025. Is this policy a mistake?
- Tensions between the US and China have been steadily increasing. Is it in the US’ interest to decouple from China economically?
- ‘There were no meaningful long-run changes in living standards until the Industrial Revolution.’ Discuss.
- Has Economics run out of big new ideas? If so, what are the implications? If not, justify with an example.
The deadline for submissions is Sunday 13th August 2023, 11:59pm BST. Late submissions will not be considered.
- First place: £50
- Finalists: £25
- Commendation: No monetary prize, awarded to excellent submissions shortlisted for finalist.
Competition Website: LINK
Other Writing Contest you may be interested in: Guide to YoungArts Writing Competition