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 prior to the testing period. After registration, during the designated testing week, students take the test at school on computers. The test consists of 25 questions and lasts 40 minutes. Participation is free. Successful students advance to the Regional Round.

Details regarding the 2026 School Round can be found at the following link: https://www.geli.org.ge/ka/projects/31

Regional Round

The Regional Round is conducted in two locations: for schools in Eastern Georgia in Tbilisi and for schools in Western Georgia in Kutaisi. A total of 300 students, selected based on their School Round results, participate in the Regional Round. The test consists of 30 multiple-choice questions and lasts 1 hour. Testing is conducted on computers.

National Round

Sixty students, selected based on the Regional Round results, participate in the National Round. The National Round is held as a full-day event. During the test, students answer both multiple-choice and open-ended questions in economics and finance, and they also write an essay. The top 10 students will participate in one week of online lectures. After completing the lectures, five students will be selected based on testing and interviews to participate in the Economics Summer Camp at the end of July.

Economics Summer Camp

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

International Final Round

The International Final Round is an official event for the top 5 contestants from each participating country. It typically lasts 2-4 days in early August. The final round takes place in Ancient Olympia, Greece, and is hosted by the International Olympic Academy. The competition consists of two parts: a written exam and an oral exam. First, all participants take the written exam, after which the top 10 scoring students proceed to the oral exam. In addition to the competition itself, participants also enjoy various activities such as workshops, team events, city tours, and more. This special event provides an excellent opportunity to form new international connections.

Olympiad partners

General Sponsor

Economic Fundamental Initiative

Sponsor

Partner

Tbilisi Free University

Supporter

Media Partner

BMG