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Posted on 17th April 2020 | News

Our Year 14 Economists enjoyed resounding success in the Young Economist of the Year Competition.  The competition required students to submit a research project of their choice on a current Economic topic.

Year 14 Economists, Treasa Ní Chatháin, Erin Walls and Orlaigh McAuley produced and excellent project titled ‘Brain Drain – A one way Ticket’ , focusing on the impact of brain drain on the Irish Economy. The students worked diligently and conscientiously, gathering primary research and their project demonstrated a clear understanding of the impact Brain Drain has had and continues to have on the Irish Economy. The judges awarded the team a Gold Certificate and their project also received second place over all in the North of Ireland. 

Conor Lynn and Adam McCourt produced an outstanding project titled ‘Rationalising Irrationality – An investigation into anchoring and its effect on pricing.’ This projected explored the anchoring affect and how it impacts on people’s perception on price even when the information they are presented with is completely irrelevant. The judges were extremely impressed with their level of in-depth research and subject knowledge, along with the originality of their project. The boys were awarded a Gold Certificate and first place in the North of Ireland. 

It was further announced on Friday June 19th that Conor and Adam have made the Irish Economics Olympiad Team.  The International Economics Olympiad will be held remotely from Kazakhstan from Sept 7th to 13th. Conor and Adam will be joined on the team by three other students from Dublin, Tipperary and Cork.  A summer of learning lies ahead as the two boys and their teammates will be taught remotely by some of Ireland top economists in preparation for September.

Their teacher Mr McCauley and all of the St. Mary’s community are extremely proud of the achievements of these young people. It is an honour to represent your country in an international competition and we wish the boys success in their future endeavours.