EAC Economic Competition Introduction
Competition value
The prestige of the EAC competition lies in three core dimensions: authoritative endorsement, academic advancement support, and skills development. Initiated by the IEO regional organizing committee in conjunction with top universities such as the University of Tokyo and the University of Hong Kong, the competition boasts an academic system comparable to top-tier competitions like IEO and NEC, enjoying extremely high recognition.
Its achievements are widely recognized by prestigious universities in Europe and America, such as Harvard and the London School of Economics, and are a significant advantage for applications to business and economics programs. Outstanding past participants have already received offers from multiple top universities. Through a comprehensive assessment combining "knowledge evaluation + business presentation + cross-border collaboration," it not only solidifies advanced academic knowledge beyond international courses but also hones practical skills such as teamwork and cross-cultural communication, serving as an excellent bridge between high-level competitions and study abroad applications.
EAC Team Formation Rules and Eligibility
Team formation rules:
EAC typically requires participants to register as a team of 4. Teams must be formed and all members must have successfully registered and paid the fee before the registration deadline; teams with fewer than 4 members will be converted to individual participation.
Eligibility:
EAC is suitable for secondary school students in grade 12 and below with a strong foundation in economics and a keen interest in economics, business, and finance. Participating students need to have a higher level of knowledge in economics and business than that in international curricula such as AP, A-Level, and IBDP. In particular, AP students need to supplement their studies with additional knowledge from the syllabus after completing AP Microeconomics and AP Macroeconomics.
EAC Tournament Stage
Online level test:
Individuals take turns answering questions online for 90 minutes, consisting of 30 objective multiple-choice questions in English.
China Station Review:
Participants who pass the level test will be selected, which includes an advanced economics knowledge assessment and a business project roadshow.
International site review:
Held in Tokyo, Japan, for 7 days. The event has two core components: an individual assessment of advanced economics knowledge and a business project roadshow with five-person international teams.
Examination content
Basic economic theories:
Microeconomics section:Supply and demand; elasticity theory; market structure;
Macroeconomics section:
National economic accounting; economic growth and business cycle; macroeconomic policy;
Financial Markets and Investment Analysis:
Financial Market Fundamentals:Classification and functions of financial markets; Pricing of financial instruments;
Investment Analysis and Portfolio Management:
Investment risk and return; portfolio theory;
Economic Current Events and Case Analysis:
Economic Current Affairs Analysis:Global economic hot spots; regional economic integration;
Case Study:Corporate economic cases; macroeconomic policy cases.
NEEC Class Types
Award Settings
[Online Proficiency Test]
Teams: Ranked by "team performance" of all challenging teams.
• HIGH DISTINCTION：Top 10%
• DISTINCTION：Top 10%-30%
• MERIT:Top 30%-50%
• Participant: 50%-
Individual: Ranked by "individual scores" of all challengers
• HIGH DISTINCTION：Top 10%
• DISTINCTION：Top 10%-30%
• MERIT:Top 30%-50%
• Participant: 50%-
[China Site Test]
Team Academic Performance: Ranked based on "team scores" in business project pitches.
- CHAMPION
- 1ST RUNNER-UP
- 2ND RUNNER-UP
- HIGH DISTINCTION：Top 10%
- DISTINCTION：Top 10%-30%
- MERIT: Top 30%-50%
- Participant: 50%-
Individual: Ranked based on "Individual Score" in the Advanced Economics Knowledge Assessment; Overall Individual Score: 50% + Team Score: 50%
- CHAMPION
- 1ST RUNNER-UP
- 2ND RUNNER-UP
- HIGH DISTINCTION：Top 10%
- DISTINCTION：Top 10%-30%
- MERIT: Top 30%-50%
- Participant: 50%-
Recommended reading materials
NEEC Recommended Reading Materials
NEEC Economic News
Course Features
- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Students 0
- Assessments Yes
