Modern Library

Economics Essay Competition for High School Students 2022

Required reading

‘Common Sense Economics’ book. Free download


  1. Economics in my life

  2. Invisible Hand in my neighborhood

  3. Sources of growth in my region

  4. Political pressure in my family (school, county/commune, country)

  5. Improper subsidies in my region or country

  6. How I manage my personal finances

  7. Insurance I would pay for

Participation restriction

High school (grades 10-12) pupils/students in Armenia




The competition aims to increase economics and finance literacy among the pupils in the high schools.

General Rules
  • Proper referencing of any citation, data, ideas, copyrighted material is required

  • No more than one essay can be submitted by each participant

  • No parts of the work may be copied/borrowed from other works

  • The essay may contain up to 750 words

Evaluation criteria

The evaluation is based on the following criteria

  • Citation from ‘Common Sense Economics’ text and analysis: 20 points

  • Sound economic thinking: 15 points

  • Novelty/innovativeness: 15 points

Evaluation team

The essays are to be evaluated by a professional committee (comprised of teachers/lecturers and advanced

students of economics).

  • Essays should be submitted by May 22

  • Results are announced in May

  • The award ceremony will be held at the end of May


7 best authors will be getting certificates and gifts during the ceremony.

Only those works that comply with all the requirements will be considered!


For any inquiries send a direct email to

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