Economics is dedicated to studying how people and institutions allocate scarce resources efficiently and fairly. Finance is an important branch of economics, which studies the allocation of financial resources. Economics is one of the most important basic disciplines in social science because of its great influence on disciplines such as management, law, political science and international relations as well as the central position of the economy in society. At the same time, economics also draws inspiration from other disciplines such as mathematics (including statistics) and psychology and has been continuously developed. The direct influence of mathematics (including statistics) on economic and financial research is modelling,which plays an important role in economic and financial research and is an important foundation for the scientific nature of economic and financial research.

Founded in 2008 by the master mathematician Prof. Shing-Tung Yau, the S.-T. Yau High School Science Award inspires scientific innovations and is designed for high school students all over the world. Advocating innovative thinking and collaborative spirits, the Award dispenses with paper-delivered test format or standardized test answers and instead gives students the opportunity to participate by submitting academic papers. The Award aims at promoting the development of science education in high schools, stimulating students’ research interests and innovative capabilities, as well as discovering and cultivating young talents in scientific disciplines.

Purposes

• Stimulate interest in economic and financial research among high school students

• Encourage innovation in thinking among high school students

• Cultivate young economic and financial talents

• Encourage discussion between high school teachers and university professors