To encourage secondary students to creatively interpret economic theories by using daily life examples, the Department of Decision Sciences and Managerial Economics at the Business School organized the ‘When Adam Smith Meets Steve Jobs’ video production contest in collaboration with the Education Bureau, HKSAR Government. The contest received entries from 66 teams from local secondary schools. The winning teams attended the award presentation ceremony held on 19 May on campus.

Those teams receiving the highest overall scores were presented the Economics Creativity Academy Awards. They are the ‘Star 5’ team of Evangel College, which used a localized version of the popular Taiwanese movie You Are the Apple of My Eye to explain the monopoly created by an unbalanced sex ratio in schools; the ‘Economic Power’ team of the Heep Yunn School, which illustrated various economics theories with a time-travel drama; the ‘5-Man Economy’ team of Cheung Chuk Shan College, which reflected on the current issues of inflation and local GDP; and the ‘Supernomics’ team of Diocesan Girls’ School, which illustrated its points with an example drawn from secondary school life, i.e., exam preparation.

‘We encourage students to produce videos to interpret economic theories. It’s effective for students to truly absorb knowledge and convert it to their own use,’ said Prof. Fung Ka-yiu Michael, instructor of the contest.