Each year economics teachers across the country attend a professional learning day organised by Oide in association with members of the Irish Economics Association (IEA) to learn about the latest developments in economics in order to enhance their own knowledge and in turn that of their students.

Teachers then work with students on inquiry-based projects to be submitted to the annual Young Economist of the Year competition organised by Oide.  In inviting students to explore real life issues through their projects, it is an excellent medium to facilitate students in developing greater economic literacy and to understand how economics relates to their everyday lives and future.  Researching economic issues in this way empowers students to develop knowledge and skills that can be applied to many areas of life and further study.

Submissions to YEOTY have demonstrated a clear understanding that economics is about our choices and behaviours and how these impact on our individual lives, our country, global economies and on the planet we share.  The purpose of the YEOTY awards is to showcase, acknowledge and celebrate the work of students and teachers in planning, preparing and sharing their projects.