Economics Challenge (HPEC)
HPEC challenges students through a series of individual and team rounds on economics knowledge at the Advanced Placement Microeconomics and Macroeconomics levels.
Thank you to everybody that participated in our virtual and in-person Harvard Pre-Collegiate Economics Challenge! For the first time, HUEA ran a virtual and in-person version of HPEC simultaneously, with over 200 competitors competing from all over the world. Below, you will find the results from the tournament.
In-Person Competition Results
Top Written Exam Scorer
1. Mt. Hebron High School
2. Phillips Exeter Academy Team A
3. Mounds View High School Team A and B
Virtual Competition Results
Top Written Exam Scorers
1. Charter School of Wilmington
2. Mt. Hebron High School
3. Greater Valley/Neerja Modi/Worth/Riga State Gymnasium
Congratulations to all!
Each year, HUEA organizes the Harvard Pre-Collegiate Economics Challenge (HPEC), a prestigious international competition for high school students passionate about economics and its role in the world around us. HPEC challenges students through a series of individual and team rounds on economics knowledge at the Advanced Placement Microeconomics and Macroeconomics levels as well as economic news, history, recent research, and applications in a wide variety of fields such as education and the environment. We are excited to be joined in-person by Professor Gregory Mankiw this year, who will present on some of his current research and answer questions from competitors.
In the past, students have found this competition to be fun and helpful preparation for the AP Economics exams. In addition to the Challenge itself, competitors and coaches will have the opportunity to build friendships with their peers, hear presentations from and interact with professors, graduate students, and real-world economists, and learn about the wider world of economics beyond the high school classroom.
Each team requires a registration fee of $125. We accept PayPal and Zelle. Please include the name of your school and number of teams. All payments are final, as we start making preparations given current understanding of competition attendance; withdrawal for any reason will not be refunded.
The 2022 Photo Consent Form can be found here.
The 2022 Liability Release and Contact Form can be found here.
How many people can be on one team?
Teams consist of 1-4 people. Teams of 3 or fewer can still compete, but the quiz bowl rounds will likely be more challenging with fewer team members.
How many teams can one school bring?
Depending on space availability and with priority registration given to the first team, each school may be able to bring 2-3 teams total. For now, schools can register 1 or 2 teams, and indicate interest in sending a 3rd.
What if my school is unable to bring a teacher as a coach?
We require that a coach be present with the team. You are allowed to bring a parent as a coach if your teacher is not able to attend the competition--please reach out to us by email.
What COVID-19 restrictions will HPEC participants be subject to?
At this time, HPEC will not require participants to provide proof of vaccination or a negative test before arrival. However, participants must not come to campus if they are exhibiting symptoms of COVID-19, have been diagnosed with COVID-19, or have otherwise been instructed to quarantine or isolate. Additionally, all visitors must report a positive COVID-19 test result or clinician diagnosis to Harvard University Health Services via email immediately if they have been on campus within 48 hours of symptom onset or a positive test.
Practice Questions & Answers