The competition comprised three rounds, spanning the academic year 2011/2012. More than 1,800 students from the euro area, aged between 16 and 19, have joined the competition altogether. The best 528 euro area performers passed the first round of a multiple-choice test and were invited for the 2nd round where they had to write an essay predicting the ECB’s Governing Council interest rate decision in March 2012 and giving reasons for it. Altogether, 208 essays were received. The third, and final, round included a presentation of the selected best teams about the June 2012 interest rate decision and the underlying reasoning in front of a jury of central bank experts.
“I love studying real-world economics and being able to apply the theory learnt to the actual world I live in. Having an opportunity to learn about a field of economics which isn't included in the International Baccalaureate economics syllabus is very welcome,” said Victoria Fernandez Grande, from the International School Spain, which won the first prize in the European and international schools category.
Further information on the competition as well as the names of the winning schools and pictures of this year’s award ceremony can be found at www.generationeuro.eu or requested from email@example.com.
1. Sint-Lodewijkscholen BuSO (Belgium)
2. Centre scolaire Saint-Adrien Val Duchesse (Belgium)
3. Private Kant Oberschule,Berlin-Stieglitz (Germany)
4. Marian College, Dublin (Ireland)
5. Istituto Tecnico Baruffi (Italy)
6. Van Maerlantlyceum (the Netherlands)
7. Bundeshandelsakademie Linz Auhof (Austria)
8. São Lourenço Secondary School (Portugal)
9. Gymnazium Jura Hronca, Bratislava (Slovakia)
10. Lahden yhteiskoulun lukio (Finland)
11. Secondary School of Civil Engineering, Land Surveying and Economics Ljubljana (Slovenia)
12. Xaloc College of Hospitalet de Llobregat, Barcelona (Spain)
13. International College Spain