“The Dawn of a Tech-Driven New Economy”

October 13-19, 2024

The World Economics Cup (WEC) 2024 was held from October 13th to October 19th. 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 13, the WEC 2024 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 2024, the deep comprehension takes the format of a 60-minute lecture followed by a 60-minute exam. The exam included a mix of 20 questions based on the lecture, 10 questions related to academic forefront materials provided in advance, and 20 questions based on 2 articles. This format aimed to evaluate the students' capacity for rapid learning and understanding of new subjects.

On October 18, 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.