Bank of Korea Selects 8 Award-Winning Entries for Youth Economic Awareness UCC Contest

[Asia Economy Reporter Jang Sehee] The Bank of Korea announced on the 20th that it has selected a total of eight award-winning works, including the Grand Prize, in the '2021 Youth Economic Understanding UCC Video' contest.

The Bank of Korea has been holding this contest to increase youths' interest and understanding of economics.

This year's contest received a total of 75 entries (114 participants) under the theme "Learning Economics with the Bank of Korea," and eight works were selected as winners. The Grand Prize was awarded to the team of Jeon Jiwon and Kim Sehee for their video "Why Should We Learn About Exchange Rates?" which explained the reasons for learning about exchange rates in an easy and fun way.

The Excellence Awards went to three works: Shin Dahyun's "Learning Inflation with the Economic Fairy Taengtaengi," the team of Choi Hyunji and Kim Heeun's "Learning Monetary Policy with the Bank of Korea ? What Happens When There Is More Money?," and Yoon Jiwoo's "Let's Solve Economic Problems with Economise." The Encouragement Award included Jeon Yejin's "Yejin's Love Triangle," among others.

Meanwhile, the Grand Prize team will receive a certificate of commendation signed by Bank of Korea Governor Lee Juyeol and a prize of 3 million KRW. Two teams receiving the Excellence Award and three teams receiving the Encouragement Award will be awarded prizes of 2 million KRW and 1.5 million KRW respectively.

This content was produced with the assistance of AI translation services.