Economics Olympiad

The Economics Olympiad is a project that aims to improve the level of economic and financial literacy among schoolchildren. The Olympiad has been held since 2016, and since 2025 its international implementing organization has been the Economic Literacy Institute. In Georgia, the Olympiad has been implemented exclusively by the Georgian Economic Literacy Initiative (GELi) since 2023.

Students can participate in the Economics Olympiad through a school teacher or school representative, who registers the school as a participant and serves as the school coordinator for the International Economics Olympiad. The school coordinator communicates with the Olympiad administration, shares the provided information with students who wish to participate, and supervises students during the online testing at school. If the school does not participate through a coordinator, students may register individually.

All students in the 10th, 11th, and 12th grades are eligible to participate in the Economics Olympiad, regardless of their future professional goals. The Olympiad consists of several rounds, each with a different format. Participation is free of charge.

If you have any questions, please contact us at: info@geli.org.ge.

Structure of the Olympiad

School Round

The School Round is conducted through an online testing system. The school registration process takes place before testing begins. After registration, during the testing week, students take the test at school. The test consists of 25 questions and lasts 40 minutes. Successful students advance to the Regional Round.

Details related to the 2026 School Round can be found here: https://www.geli.org.ge/ka/projects/31

Regional Round

The Regional Round is conducted in two locations: in Tbilisi for schools in Eastern Georgia, and in Kutaisi for schools in Western Georgia. Students who successfully pass the School Round participate in the Regional Round. The Regional Round test consists of 30 multiple-choice questions and lasts 1 hour.

National Round

The National Round is held as a full-day event. Guests, coordinating teachers, and students are invited. During the test, students answer both closed and open-ended economic questions and write an essay. Ten students are then selected to participate in a one-week online lecture series. Following the lectures, five students are chosen based on further testing and interviews. These five students will participate in the Economics Summer Camp in late July or early August.

Economics Summer Camp

The five selected participants attend the camp free of charge. In addition to Georgian participants, students from other partner countries may also join the camp. All five Georgian participants will then travel to the International Final Round.

International Final Round

The International Final Round is an official event for the top five contestants from each participating country. It usually lasts 2-4 days in early August (typically August 10–14). The final round is held in Ancient Olympia, Greece, and is hosted by the International Olympic Academy.

The competition consists of two parts: written and oral exams. First, participants take a written exam, after which the top ten students move on to the oral exam. In addition to the competition, participants take part in various activities such as workshops, team-building events, and city tours. This special event provides an excellent opportunity to build new international connections.

Olympiad partners

General Sponsor

Economic Fundamental Initiative

Sponsor

Partner

Tbilisi Free University

Supporter

Academy Of Digital Industries

Media Partner

BMG