Continental & Final Rounds
The Continental and Final Rounds consist of three modules: Fundamentals, Deep Comprehension, and Thinking & Innovation. Below is an overview of each module and preparation strategies.
Fundamentals
Format:
- 60-minute exam
- 100 multiple-choice questions
- Focus: Core economic principles and concepts
Resources:
- WEC Fundamentals Sample Questions
- Fundamentals Test Bank (Accessible in the EAE system after registered)
Deep Comprehension
Format:
This module consists of a lecture followed by an exam, with questions divided into three sections:- Lecture-based questions (assessing immediate comprehension of the pre-exam lecture).
- Forefront-based questions (based on pre-distributed academic review materials).
- Material-based questions (requiring analysis of an on-the-spot reading).
Preparation Tips:
- Lecture-based: No prior preparation needed—focus on active listening and note-taking.
- Forefront-based: Thoroughly review the provided materials in advance (no access during the exam).
- Material-based: Strengthen your ability to analyze economic research by reading articles from sources like CEPR VoxEU.
Resources:
Thinking & Innovation
Format:
Teams analyze a case study, apply economic frameworks, and present solutions via a video submission. The module includes:- Three short-answer questions
- One problem-solving question
Preparation Tips:
- Review Sample Questions to understand the format.
- Study the Evaluation Form to align with judging criteria.
- Watch the Tutorial for best practices in structuring responses.
- Learn from past winners by viewing Final Round presentation videos on our website.
Resources:
- Thinking & Innovation Sample 1
- Thinking & Innovation Sample 2
- Thinking & Innovation Tutorial (Accessible in the EAE system after registered)
- Thinking & Innovation Evaluation Form
Recommended Readings
Enhance your economics knowledge with these resources:
THE ECONOMY
By Core Econ
Principles of Economics
By Gregory Mankiw
IB Economics
By IB Program
AP Economics
By AP Program
A-Level Economics
By A-Level Program
