International Economics Olympiad (IEO)

◆ Largest Economics and Finance Contest for High School Students in Europe
◆ 80,000 Participating Students in EU
◆ Development: Preliminary Round, National Round, Global Round
◆ Academic: Official study guide and 6+ mock tests
◆ Select your entry category from one of the six divisions

Introduction

About The International Economics Olympiad (IEO)

The International Economics Olympiad (IEO) – Formerly known as European Economic Olympiad (EEO) – was organized by the International Olympic Academy and established in 2016 by the Institute of Economic Education (INEV). It quickly emerged as one of the Czech Republic’s most prestigious school competitions.
Expanding rapidly, it now engages about 97,000 students globally, transcending its national roots to embrace an international audience. Tailored for middle school students and high school students without restriction to the type of secondary education, the Economics Olympiad garners support both nationally and internationally from esteemed entities like the Ministries of Education, Greece Central Banks, Academic Institutions. The International Economics Olympiad has experienced remarkable growth since its inception, soaring from an initial 4,000 participants in 2017 to nearly 100,000 by 2024.

The IEO aims to fill the gap in teaching economics and finance at high schools, and strengthen the skills of adolescents in logical thinking, problem-solving and critical thinking, spark their interest and support them on their career path.

Website: https://economicsolympiad.org/  

About the Organizer

The Institute of Economic Education (INEV) is a leading nonprofit organization dedicated to improving economics education and financial literacy. Its goal is to identify and support young talents in economics and finance.

Website: https://inev.cz/en/

Development

Preliminary Round

Awards:
Individual
• National Honor Award: National Top 10%
• High Distinction: National Top 20%
• Distinction: National Top 30%
• Outstanding Award: National Top 45%
• Credit Award: Regional Top 20% (excluding national awards)
*National Honor Award, High Distinction, Distinction, Outstanding Award winners will be invited to participate in National Round.

School
• The top 5 students’ scores will be accumulated as the total score of the school. Schools with less than 5 participants will not be involved in the ranking.
• Gold: National Top 15%
• Silver: National Top 30%
• Bronze: National Top 45%

National Round

• Economic Knowledge: multiple-choice questions
• Diagram analysis: short-answer questions
• Analytical essay: writing
• Financial analysis and calculation