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    Econquer 6.0 Report

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    Sreehari K.S
    The Economics Club at the college held a 2-hour, 2-round intra-college economics competition called Econquer 6.0 with 64 participants in teams of 2. The objective was to test reasoning power, aptitude, and ability to work as a team in economics. Round 1 involved choosing to "deal" or not deal with random monetary amounts. Round 2 tasked teams with completing incomplete armies by trading units to maximize profits and wealth. The winning teams received prize money totaling Rs. 10,000, with the first place team receiving Drishti Amarnani and Pulkit Chhabra.

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    Econquer 6.0 Report

    Uploaded by

    Sreehari K.S
    22 views3 pages
    The Economics Club at the college held a 2-hour, 2-round intra-college economics competition called Econquer 6.0 with 64 participants in teams of 2. The objective was to test reasoning power, aptitude, and ability to work as a team in economics. Round 1 involved choosing to "deal" or not deal with random monetary amounts. Round 2 tasked teams with completing incomplete armies by trading units to maximize profits and wealth. The winning teams received prize money totaling Rs. 10,000, with the first place team receiving Drishti Amarnani and Pulkit Chhabra.

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    The Economics Club at the college held a 2-hour, 2-round intra-college economics competition called Econquer 6.0 with 64 participants in teams of 2. The objective was to test reasoning power, aptitude, and ability to work as a team in economics. Round 1 involved choosing to "deal" or not deal with random monetary amounts. Round 2 tasked teams with completing incomplete armies by trading units to maximize profits and wealth. The winning teams received prize money totaling Rs. 10,000, with the first place team receiving Drishti Amarnani and Pulkit Chhabra.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    22 views3 pages

    Econquer 6.0 Report

    Uploaded by

    Sreehari K.S
    The Economics Club at the college held a 2-hour, 2-round intra-college economics competition called Econquer 6.0 with 64 participants in teams of 2. The objective was to test reasoning power, aptitude, and ability to work as a team in economics. Round 1 involved choosing to "deal" or not deal with random monetary amounts. Round 2 tasked teams with completing incomplete armies by trading units to maximize profits and wealth. The winning teams received prize money totaling Rs. 10,000, with the first place team receiving Drishti Amarnani and Pulkit Chhabra.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    The Economics Club

    Econquer 6.0

    Date
    16 November 2022
    Event Type
    Intra College Competition
    No of Rounds
    2 (No Elimination)
    N0 of Participants
    64 (Team of 2)
    Total Prize
    Worth Rs 10,000
    Time Duration
    2 Hours
    Objective- The event's objective was to test the reasoning power and the aptitude of
    participants in economics. It was also to test the ability of the participants to work in
    teams and think fast in a time-constrained and competitive environment.

    Rounds Description

    Round 1- Deal or No Deal


    The teams were shown 25 placards having different amounts (0 – 2Million). Teams
    were given 5 chances to close the deal. The idea was to make the participants act so as
    to maximize the expected value of their prize.

    Round 2- Mauka Trade


    The objective of this round was to make an army and maximize the team’s wealth. An
    army comprised of 4 units and teams were given incomplete armies. The teams had to
    trade among themselves to complete their armies also maximize their profits. Every
    team was given additional cash with forces. The total cost of forces and cash given was
    equal for all teams.

    Winners

    1st Prize- Team Lassi (Drishti Amarnani, Pulkit Chhabra)

    2nd Prize- Team The Macromen (Rahil Jain, Ram Barath)


    Glimpses of the event-

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