IOA
Under the auspices of International Olympiad Academy
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Countries and regions, 51.32% of global GDP
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Over 500,000 students have participated Rapidly growing global influence
Nobel Prize
Emeritus Chairman VERNON L. SMITH Nobel Laureate in Economic Sciences
Olympic Heritage
The Global Final began in Ancient Olympia, Greece, the revered birthplace of the Olympic Games
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The syllabus is 80% similar to the IB、AP、ALEVEL、DSE Syllabus for Economics Courses
Cambridge
Official cooperation with St. Catharine's College, Cambridge provide exclusive economics training for winners
TOP 5
Representing the Country/ Region Competing on the Global Stage

Under the Auspices of:

About the International Economics Olympiad

The International Economics Olympiad (IEO) was organised by the International Olympic Academy (IOA). Following the International Olympiads in Mathematics, Physics, Chemistry, Biology, Informatics and other academic disciplines, the IEO has become one of the most influential Economics Olympiads in the world.

The IEO originated in the Czech Republic in 2016 as the European Economics Olympiad (EEO), and has since engaged more than 500,000 participants worldwide. Since 2024, the IOA has officially become the host organization. The Academic Committee is chaired by Vernon L. Smith, the 2002 Nobel Laureate in Economic Sciences, and the program has received support from ministries of education, central banks and academic institutions in multiple countries as it expands globally.

The Global Finals began in Olympia, Greece, the birthplace of the Olympic Games, carrying the Olympic spirit onto the international stage. The International Economics Olympiad has experienced remarkable growth since its inception, soaring from an initial 4,000 participants in 2017 to nearly 150,000 by 2025. Such growth reflects the program’s success in engaging and inspiring a wide audience, offering an invaluable platform for young economists to showcase their talents, and fostering a deeper understanding of economic principles. The Olympiad’s expansion is a testament to its quality, relevance, and the increasing interest in economics among the youth, setting a new standard for educational competitions worldwide. Website: https://economicsolympiad.org

Since 2024, St Catharine’s College, Cambridge has become an official partner, offering an exclusive economics enrichment program for outstanding IEO participants. The program is taught by renowned Cambridge economists and provides official certification.

About the Organizer

The International Olympic Academy (IOA), established in 1961, is the main educational and cultural institution of the International Olympic Committee. It organizes numerous academic activities annually and promotes the Olympic spirit through research and education.

Website: https://www.ioa.org.gr

Global Network

  • USA

  • China

  • Netherlands

  • Poland

  • Czech Republic

  • Greece

  • Singapore

  • Indonesia

  • Argentina

  • Malaysia

  • Hungary

  • Kazakhstan

  • Slovakia

  • Thailand

  • Cameroon

  • Georgia

  • Ghana

  • Kosovo

  • Kyrgyzstan

  • North Makedonia

  • Bosnia and Herzegovina

  • Ukraine

  • Uzbekistan

  • Vietnam

  • Azerbaijan

  • Albania

  • Mongolia

  • Armenia

  • Montenegro

  • Spain

Testimonials

Academic Board

Emeritus Chairman

Dr. Vernon L. Smith

His research on market behaviour and human decision-making through experimental methods has profoundly shaped modern economics and its real-world applications.

Member

Miranda Xafa

With expertise in economic reform, sovereign debt restructuring, and financial markets, Xafa has played a key role in advising governments and international organizations on fiscal policy

Member

Randall Filer

American economist and professor at the City University of New York, whose research spans labour economics, public policy, and economic transition. He is currently Chair of the Economics Fundamentals Initiative (EFI).

Member

Deirdre McCloskey

Her groundbreaking book The Bourgeois Virtues redefined perspectives on capitalism and the role of ethics in economic growth. Her work highlights the importance of rhetoric and human values in economic progress.

Member

Pavel Potužák

An Assistant Professor of Economics at the Prague University of Economics and Business. He has played a crucial role in upholding the academic integrity of the Economics Olympiad

Member

Theo Roos

Dutch economics education expert with extensive experience in teaching business economics. He is a board member of the Dutch Association for Economics Teachers and General Secretary for the Association of European Economics Education

Member

Helena Chytilova

An Associate Professor of Economics at Prague University of Economics and Business, specializing in experimental and behavioral economics.he has also held visiting scholar roles at prestigious institutions such as University of Chicago, (2014).

Notable Guests and Judges


Dr. Dionyssis Gangas
Senior Advisor to the President of the International Olympic Academy


Kostis Hatzidakis
Minister of Economy and Finance of Greece


Dr. Christos Dimas
Deputy Minister of Economy and Finance of Greece

Highlights

Syllabus

Build Strong Economic Knowledge. The syllabus is 80% similar to the lB. AP, A-LEVEL, DSE Syllabus for Economics Course

Economics Knowledge

All the assessed knowledge is based on the 'Mankiw Priciples of Economics'.

Practical Application

Students will learn to analyze economic data, solve practical problems, make informed decisions, and understand the implications of economic theories in everyday life.

Authoritaive Certificate

Under the Auspices of the International Olympic Academy. The Global Round will feature distinguished economists.

Comprehensive resources

Compiled from syllabus highlights, these engaging academic materials help students anticipate the types of questions.

Olympic Heritage

The Global Final began in Ancient Olympia, Greece, the revered birthplace of the Olympic Games

Development Path & Divisions

* For Mainland China only. Hong Kong (China), please refer to the program brochure.

Preliminary Round

  • Date: Please refer to your country’s program brochure.
  • Venue：Online (Home-based, On-campus)
  • Format：Individual written test (MCQs)

Asia Round
The IEO Asia Round invites award-winning students from the Preliminary Round. Award-winning participants in the Asia Round may also attend the Economic Camp at St Catharine’s College, Cambridge, where they can experience immersive academic life and receive an official certificate

Asia Round


Economic Challenge

Economic Challenge

Individual Written Examination on Economics

International Trading Expo

International Trading Expo

Represent different countries,
expand trade opportunities, and develop international negotiation skills

Economic Quiz Bowl

Economic Quiz Bowl

Compete on the same stage, testing quick thinking and applied knowledge through teamwork and strategic decision-making



Global Economy Insight

Global Economy Insight

Team-based role-play involving
research and presentations on global issues, testing students’ global perspective

Estimathon

Estimathon

Combines general knowledge, game theory, and mathematical thinking. Teams solve estimation problems within a set time, with the most accurate team winning

Stock Exchange Challenge

Stock Exchange Challenge

Beginning with 100,000 virtual dollars, achieve maximum return on investment in a rapidly changing market.

Global Round
The Global Round originates from Olympia, Greece—the revered birthplace of the Olympic Games. This exceptional venue symbolizes the unity, excellence, and enduring spirit of competition that the Economics Olympiad embodies. During the competition, participants will take part in multiple rounds of high-level academic challenges, visit ancient sites and museums, and experience Greek cultural performances. A mentor session will also provide insights into economics research, academic pathways, and career development.

1. Competitive Sessions



Economic Challenge

Two rounds— a 90-minute multiple-choice test, and a 90-minute short-answer and problem-solving paper

Oral exam

The students who have advanced in the written test will be eligible to participate in the second round of oral exam. Answer several questions about one economics issue

2. Featured Academic Content

Keynote Speech

Meet a Mentor

Networking Session

Cultural Experience

Academic Modules

Six Key Academic Modules

1. Economic Principles and History

Economic Methodology: Delving into the principles and scope of economics, grounded in foundational concepts.
History of Economic Thought: Tracing the evolution of economic theory from early thinkers to the Marginal Revolution, and further exploring post-Marginal developments in economic thought.

2. Microeconomics

Consumer Behavior and Market Demand: Utility theory, consumer choice, demand factors, and risk preferences.
Production and Costs: Firm behavior, cost structures, and supply decisions.
Market Structures: Perfect competition, monopoly, monopolistic competition, oligopoly, and regulation.
Factor Markets and Distribution: Resource allocation and income distribution.

3. Microeconomics

National Income and Price Measurement: GDP, inflation, and price measurement
Economic Growth: Long-term growth drivers and models.
Monetary & Fiscal Policy: entral banks, money supply, taxation, and public spending.
Business Cycles and Unemployment: Economic fluctuations and labor market trends.

4. International Economics

Trade Theories and Policy: Comparative advantage, trade barriers, and policy impacts.
Open Economy Macroeconomics: Exchange rates, balance of payments, and global finance.
Integration and Policy: Regional trade agreements and common markets.

5. Contemporary Economic Issues

Global and Regional Economic Dynamics: Insight into recent developments in global and regional economies.
Economic Policy Analysis: Evaluating the impact of fiscal, monetary, and trade policies on economic performance.

6. Financial Literacy

Interest and Investment: Simple/compound interest and basic investment principles.
Financial Markets and Instruments: Financial markets, securities, and investment vehicles.
Risk Management: Insurance basics and financial risk strategies.
Inflation and Purchasing Power: Inflation’s causes and effects on money value.

Reading Recommendations

Advanced / Elite Division

Principles of Economics,
7th Edition

Middle School Division

Principles of Economics,
Graphic Edition

Advanced Academic Support Economics Camp -
St Catharine’s College, Cambridge

By invitation only for IEO outstanding students

St Catharine’s College, University of Cambridge, founded in 1473, has built a distinguished academic legacy and is renowned for its strengths in interdisciplinary research and its commitment to cultivating future leaders with innovative thinking. Recognising outstanding performers from internationally recognised academic Olympiads and high-level subject competitions, St Catharine’s College has reached partnership with ASEEDER to offer high level academic camps for global top prize winners in six disciplines: Mathematics, Physics, Chemistry, Biology, Informatics & AI, and Economics. Outstanding award winners of the IEO will be eligible to be invited to the Cambridge Economics Camp.

Organiser/Location：St Catharine’s College, Cambridge
Dates：July 2027 (11 days)
Seats：35 (limited, first-come, first-served)
Language：English

Guest Lectures

Programme Highlights

In-depth Exploration of Economics with Cambridge Faculty Member
Experience undergraduate-level courses covering macroeconomics, microeconomics, and global economic trends, delivered by Cambridge economics faculty member.
Economic Analysis Presentation
Each student will deliver a final presentation, showcasing their learning in front of the leading faculty and peers.
Insights into Economics Applications at Cambridge
Students will gain insights into the Cambridge Economics application process
Accommodation at St Catharine’s College
Students will stay in St Catharine’s College, Cambridge, which is founded in 1473, and is a historic and academically vibrant college located in the heart of Cambridge.
Official Certificate of Completion
Official certificate from St Catharine’s College provides strong support for future academic and professional development.
Traditional Cambridge Formal Dinner
Students and professors gather in formal attire to enjoy fine dining and intellectual exchanges.
British Cultural Experience & Visits
Students will experience Cambridge campus life, visit iconic London landmarks, and engage deeply with British culture to broaden their global perspective.

Photo Gallery

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