Welcome to YEP-D Workshop 2022,
For its seventh event since 2016, YEP-D Workshop is now open for your applications.
As we do every year, we present you the following frequently asked questions and answers part, in order to provide the essential information about YEP-D.
Q1. What is YEP-D?
YEP-D is a 36-hour marathon of economic policymaking simulation, which aims to provide its participants insights and real time policymaking experience through scenarios that address a different type of economic problem in each module.
Q2. Are there any prerequisites for application?
Anyone who is at their 3rd and 4th year in their undergraduate economics studies, as well as first year graduate economics students are qualified to apply for participation. Selection committee evaluates applications on a merit-based system. This year, some of the scenarios will most probably require you to use statistical softwares, thus having a fundamental level of knowledge on one of those programmes (R, Stata, even MS Excel) is highly recommended.
Q3. Are participants going to work on their own or as teams?
Teamwork is an essential part of YEP-D. There will be 5 teams, formed as teams of 5 to 6 participants. One of the goals of YEP-D is to promote teamwork, foster students’ ability to communicate on complex issues in an efficient way and cultivate more efficient decision making processes.
Q4. What are the “musts” and must nots” for YEP-D?
Since we are taking the workshop to offline stage this year, packing a bag with necessary items are relevant.
Q5. Is it a competition?
In the past years, except 2016, there was not a competitive dimension of YEP-D. However, one of the new features that we introduce last year was the competition on team basis. After each task, teams’ policy proposals will be scored by the jury, which consists of 5 economists. The team that collects most points after 6 tasks will be named as the winner of YEP-D 2022 competition. Nevertheless, it is key to keep in mind that competition is only one dimension of the workshop.
Q6. What happens after the selection process?
In case of admission to YEP-D, you will receive an e-mail that includes initial briefing file, your team and its members, as well as all the wherewithal information to get you started. You will also receive a list of recommended readings to help you get prepared for the workshop.