Hemel Hempstead MP Mike Penning is backing the launch of a Chance To Be Chancellor project and calling on Dacorum teenagers to get involved.
The project is organised by educational charity Citizenship Foundation and is open to all those aged 14 to 18.
The teenagers are challenged to grapple with the same issues that face Chancellor of the Exchequer George Osbourne ahead of the official Budget in mid-March.
And they’re expected to learn about, and share their opinions on, a selection of possible policies.
Students can also enter a national competition by creating a short video arguing their choices with a chance to win an iPad.
All entries will be collated to produce the Youth Budget, a report launched in anticipation of the official budget to give the voters of the future a platform for their views on important economic issues.
Mr Penning said: “Chance to be Chancellor is a great way of bringing the current economic challenges into schools in Dacorum.
“It’s also a great opportunity for students to have their say on what they think should be included in Budget 2013.
“I encourage as many students as possible to get involved and submit their ideas on how to tackle the current economic challenges; a particularly difficult challenge in the current climate. I wish all entrants the best of luck.”
Chance to be Chancellor 2013 runs until Friday, February 15 and details of how to enter can be found on www.chancetobechancellor.org.uk .