報名截止日期
2024年12月1日23:59
EAC亞洲經濟性大會介紹
EAC，全稱Economics Asia Convention，即亞洲經濟學大會。EAC，由IE0日本組委-金融知力普及協會、IE0中國澳門組委-禮仕培育基金，及IE0中國區創始、成功舉辦前四屆IEOC活動的ITCCC聯手，聯合東京大學、香港大學等權威學術單位專家共同發起，這不僅是一場專屬于亞太區域的高水平經濟學活動，更是向對經濟學與商科滿懷激情的中學生發出的榮耀召集令!
首屆EAC國際站已于2024年3月在日本成功舉辦，來自中國香港、澳門，以及日本、阿聯酋、泰國、新加坡等多個國家和地區的IEO精英代表與高中財經商界新星，齊聚東京。他們踏入具有歷史意義的第18屆奧運會會址-NYC國立奧林匹克紀念青少年綜合中心，完成了一場為期7天的智慧碰撞與文化交融之旅。
為什么參加EAC活動？
學員獎項
學術活動報名要求
評估語言
英文
活動形式
組委會線上統一組織，學生限時完成題目作答
適合人群
經濟學基礎較強，對經濟學、商科、金融興趣濃厚的12年級及以下中學生
正式測試時間
2025年1月23日(周四)17:00-18:30（90分鐘限時作答）
活動費用
500元/人，含學術資料、活動答疑、題目命制、線上組織、注冊平臺、電子證書制作等
參與方式(二選一):
- 4人制團隊形式參與(報名截止前隊內成員應完成報名和隊友填寫;不足4人團隊將自動轉為個人形式) - 個人形式參與
測試環節
水平測試 中國站 國際站（日本東京）
參與方式對比
4人制團隊形式參與/個人形式參與
學術活動具體安排
在線水平測試2025
設備自測：1月17日(周五)至1月22日(周日)
正式測試：2025年1月23日（周四）
測試形式：在線考試，限時1.5小時
題目類型：30道客觀選擇題
題目語言：英文
測評知識點：經濟學70%/商學15%/金融知識15%，詳見《中國區學術大綱》
中國站2025
活動時間：2025年2月7日-10日
活動地點：中國·北京
參與方式：
水平測試表現優異團隊或個人將獲邀
核心環節：
1)經濟學進階知識測評(Economics):個人
2)商業項目路演(Business Case):團隊
國際站2025
活動時間：2025年3月23日-29日，7天
活動地點：日本·東京
參與方式：中國站表現優異者獲邀
核心環節：
1)Economics:個人獨立，限時180分鐘答題
2)Business Case:5人團隊制商業項目路演
3)東京大學課程學習；4)日本當地文化交流
報名提醒
2025年EAC經濟活動火熱報名中！
2025年EAC經濟活動報名截止至2024年12月1日23:59，如需報名參加活動，請抓緊時間！
咨詢報名事項
立即點擊
在線水平測試學術表現評價
團隊學術表現：以所有挑戰團隊的“團隊成績”排名
? HIGH DISTINCTION：Top 10%
? DISTINCTION：Top 10%-30%
? MERIT：Top 30%-50%
? PARTICIPANT: 50%~
個人學術表現：以全體挑戰者“個人成績”排名
? HIGH DISTINCTION：Top 10%
? DISTINCTION：Top 10%-30%
? MERIT：Top 30%-50%
? PARTICIPANT: 50%~
EACC在線水平測試證書：每位學生均將獲得電子證書
領取真題
中國站學術表現評價
個人學術表現: 以經濟學進階知識測評中的“個人成績”排名
? CHAMPION
? 1ST RUNNER-UP
? 2ND RUNNER-UP
? HIGH DISTINCTION：Top 10%
? DISTINCTION：Top 10%-30%
? MERIT：Top 30%-50%
? PARTICIPANT: 50%~
個人綜合學術表現：個人成績50%+團隊成績50%
? EXCELLENCE IN OVERALL INDIVIDUAL PERFORMANCE：Top 10
團隊學術表現: 以商業項目路演的“團隊成績”排名
? CHAMPION
? 1ST RUNNER-UP
? 2ND RUNNER-UP
? HIGH DISTINCTION：Top 10%
? DISTINCTION：Top 10%-30%
? MERIT：Top 30%-50%
? PARTICIPANT: 50%~
中國站學術表現證明：
? 所有到場挑戰者將獲得一份電子學術表現證書，以表彰他們在活動中的努力和
成果；
? 表現優異挑戰者現場將被授予獎牌、獎杯等；
? 若團隊中有隊員在選拔日缺席，將僅根據實際參加的隊員成績進行計分。
EAC亞洲經濟學大會
國際站邀請方式
中國隊組建：將從中國站中遴選10位挑戰者，組建代表隊，于3月下旬飛赴日本東京，參加2025年EAC亞洲經濟學大會國際站。 直通獲邀：個人綜合卓越表現（Top 10）得主將獲得直通邀請資格 候選人：High Distinction及以上個人和團隊進入侯選人行列
領取中國區學術大綱
立即點擊
聯合主辦方及權威學術支持單位
學術支持
報名后可獲得如下學術資料：EAC CHINA Syllabus（知識大綱）+樣題（題目訓練）+推薦閱讀資料（在基礎上補充提高）+教學視頻（知識點梳理）
EAC CHINA 2025經濟學知識測評樣題
Problem 1 Isocost and Isoquant curve
Isocost curve of the producer is similar to budget constraint line of the consumer and isoquant curve of the producer is similar to indifference curve of the consumer, and the intersection of the isocost curve and isoquant curve shows the situation of producer equilibrium.
Based on the above information, answer the questions:
- If the equation of isoquant 16K1/4 L3/4 =2144 depicts the different combinations of inputs K and L that can be used to produce a specific level of output Q=2144, calculate and explain the marginal rate of technical substitution at K=256, L=108. (20 points)
- Analyze the substitutional effect and income effect for Giffen goods if the price of the goods decreases by using the budget constraint line and indifference curve. (10 points)
Key points and scoring guide:
1、If the equation of isoquant 16K1/4 L3/4 =2144 depicts the different combinations of inputs K and L that can be used to produce a specific level of output Q=2144, calculate and explain the marginal rate of technical substitution at K=256, L=108. (20 points)
d/dL (16K1/4 L3/4) =d/dL (2144)
12 K1/4 L-1/4 +4K-3/4 L3/4 *dK /dL =0
dK /dL =-3K/L
at K=256, L=108, MRT= -3(256)/108= -7.11
This means that if L is increasing by 1unit, K will decrease by 7.11 unit in order to remain on the production isoquant where the production level is constant.
2、Analyze the substitutional effect and income effect for Giffen goods if the price of the goods decreases by using the budget constraint line and indifference curve. (10 points)
When the price of Giffen goods decreases, the income effect will offset the substitution effect, and consumers will finally buy less of the products. Graphs needed to be drawn.
Problem 2 Quantitative easing
Since the financial crisis of 2008, the Fed, the Bank of England and other central bank started to lower interest rate by using the open market operation to reach the target interest rate and world economy tends to recover. However, the world-wide dissemination of Covid-19 made the world economy into serious recession and the central bank of world started to use the quantitative easing to stimulate the economy.
Based on the above information, answer the questions:
1、Analysis how the central bank uses the reverse repo and repo to control the money supply? (10 points)
2、Analysis how the central bank uses the traditional open market operation and quantitative easing to stimulate the economy out of the recession? (10 points)
3、If central bank uses open market operation or QE to decrease interest rate, even to negative interest rate, it might lead to capital gains on securities owned by commercial banks, but on the other hand, the profit margin of commercial bank might decrease. Explain whether the capital gains earned will overweight the loss in profit margin by the commercial banks? (10 points)
Key points and scoring guide:
1、Repo: The central bank is using the - repo to lend money to the public temporally and send short-term liquidity to the market to stimulate the economy.
Reverse repo: The central bank is using the reverse repo to decrease the temporary liquidity in the economy.
In China, the repo and reverse repo has the opposite definition to that of the U.S and UK.
2、Analysis how the central bank uses the traditional open market operation and quantitative easing to stimulate the economy out of the recession? (10 points)
The traditional open market operation is that central bank buys or sell the short-term security, normally government bond, to stimulate the economy or control the inflation. When the central bank carries open market buying, it tends to increase the money supply and lower the interest rate without enlarging the balance sheet of central bank. The open market operation of purchase government is likely to be used when the central bank can still buy the short-term security to lower the target interest rate until zero lower bound.
The quantitative easing is an open-market operation in which bonds are purchased by a central bank in order to increase the quantity of excess reserves held by commercial banks and thereby hopefully stimulate the economy by increasing the amount of lending undertaken by commercial banks, when federal fund rates are near zero. Buying a lot of long-term security with the money generated by the central bank through enlarging the balance sheet of central bank is to relieve large amount of liquidity when the economy is in deep recession to give much confidence to economy in deep recession. However, it might lead to higher inflation.
3、If central bank uses open market operation or QE to decrease interest rate, even to negative interest rate, it might lead to capital gains on securities owned by commercial banks, but on the other hand, the profit margin of commercial bank might decrease. Explain whether the capital gains earned will outweigh the loss in profit margin by the commercial banks? (10 points)
When the interest rate goes down, the price of security owned by the central bank is likely to increase, then the commercial bank might get benefit from the capital gain.
However, deposit rates of the banks might be competitive among different banks, so the credit rate declines to great extent than deposit rates, causing the profit margin for commercial bank to shrink.
The decline of today’s value of future profits might outweigh the capital gain because the decline of today’s value of future profit might deteriorate the bank’s overall capital position, its lending abilities might also decrease. In this case, the capital gains earned might be less than the loss in profit margin.
Lower interest rate might have opposite effects on bank capital. There is a positive effect due to the increase in the value of long-term assets. On the other hand, there is a negative effect on profitability. So, the final effect might depend on which effect is stronger than the other.
