
“The Way to Recovery and Revival”
Theme of WEC 2023
WEC 2023
The WEC 2023 was conducted successfully in the middle of October 2023.
Fundamentals: 2:00 - 16:00 UTC, Oct 8, 2023
Deep Comprehension (Session A): Oct 8, 2023Deep Comprehension (Session B): Oct 9, 2023
Deep Comprehension (Session C): Oct 11, 2023
Deep Comprehension (Session D): Oct 13, 2023
Thinking and Innovation:15:00 UTC, Oct 13, 2023 (Problem Release)
24:00 UTC, Oct 14, 2023 (Presentation Submission Deadline)Global TOP 3 Presentations
Thinking and Innovation (Youtube Videos)
Global Third Place (Tied)
Singapore-Team 1
Tanglin Trust School
Dates and Process
WEC 2023
October 8-14, 2023
The World Economics Cup (WEC) 2023 was held from October 8th to October 14th. Throughout the WEC week, outstanding teams from different countries participated in competitions across three modules, sharing their successes and knowing peers who are interested and talented in economics. Students who achieve global rankings get recognition.
On October 8, the WEC 2023 kicked off with the exams of Fundamentals. The competitors took the objective test in one hour to answer the 100 multiple-choice questions, which test their basic knowledge of microeconomics and macroeconomics.
For the WEC 2023, the deep comprehension segment was divided into four sessions, conducted over four evenings. During each session, contestants began with a 45-minute lecture followed by a 45-minute examination. The exam included a mix of 20 questions based on the lecture, 15 questions related to academic forefront materials provided in advance, and 15 questions based on on-site materials. This format aimed to evaluate the students' capacity for rapid learning and understanding of new subjects.
On October 13, the competitors received the topic for the Thinking and Innovation part and took 24 hours to prepare for the team presentation. The competitors demonstrated their innovative thinking and problem-solving abilities to solve general problems by economics.
WEC Qualification and Registration
Participation in WEC is not directly open to individuals.
Students form teams of six members each, advancing through the Continental Qualifier to reach the Continental Economics Cups, with the top six teams from each continent then proceeding to the World Economics Cup. The formation of these teams varies, with many being assembled through schools or by creating inter-school alliances.
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