International Economics Olympiad Asia Round

4001-699-686

Registration Deadline: 2027.1.10

Winners in Preliminary Round are qualified for Asia Round

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2024年1月14日 截止报名

初中 / 高中任意年级(初级挑战获奖选手)均可申请

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Introduction

 

The International Economics Olympiad (IEO) is 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.

Founded in the Czech Republic in 2016 as the European Economics Olympiad (EEO), the IEO has since engaged more than 600,000 participants worldwide. It is chaired by Vernon L. Smith, the 2002 Nobel Laureate in Economic Sciences. The competition has received support from ministries of education, central banks and academic institutions across multiple countries, and continues to expand its global reach. The IEO International Final Round began in Olympia, Greece—the birthplace of the Olympic Games, carrying the Olympic spirit onto the international stage.

The IEO Asia Round brings together outstanding award recipients from the Preliminary Round for a more advanced economics challenge. The TOP FIVE individual performers will have the opportunity to represent China at the IEO International Final in Olympia, Greece, competing alongside top students from around the world.

Outstanding participants will also have the opportunity to attend the Economics Camp at St Catharine’s College, University of Cambridge, experience academic life at Cambridge, and receive an official certificate of completion.

Procedures Introduction

International Economics Olympiad Asia Round consists of six sessions: Economic Challenge, Global Economy Insight,

International Trading Expo, Economic Quiz Bowl, Stock Exchange Challenge and Estimathon.

 

Format: Individual sessions and Team sessions

1. Individual

ECONOMIC CHALLENGE

Complete a 90-minute individual written test, applying economic theories and knowledge to analyse problems and derive conclusions.

As a key component of national team selection, the test assesses students’ economics knowledge and academic ability.

2. Team

GLOBAL ECONOMY INSIGHT

If you were planning the Asian Games for a country, how would you turn the sporting event into a driver of economic growth?

Work as a team to develop a plan based on the country’s urban conditions and industries, balancing resources, demand and development goals to create innovative solutions.

Analyse economic information, weigh resource allocation and potential returns, and develop well-reasoned, evidence-based and practical solutions.

3. Team

INTERNATIONAL TRADING EXPO

Create an exhibition booth showcasing the active industries of your assigned country. Design interactive experiences and deliver a pitch that brings its economic strengths to life.

Research, design and present your country’s key industries, bringing its economic strengths to life while exploring other economies through exchange.

4. Team

ECONOMICS QUIZ BOWL

A fast-paced battle of economics, finance and investment knowledge! Race to answer online, testing knowledge and reaction speed.

Under time pressure, teams must exchange information, reach consensus and make quick decisions to win.

5. Team

STOCK EXCHANGE CHALLENGE

Trade US$100,000 in virtual capital using real US stock market data on the SEC’s online trading system. Navigate market shifts and compete for the highest returns.

Spot opportunities, balance risk and reward, and make strategic investment decisions as a team.

6. Team

ESTIMATHON

A fast-paced battle of trivia, game theory and mathematical logic! Work together to solve estimation challenges and compete on speed, accuracy and strategy.

Find reasonable answers with limited information, applying quantitative thinking to make sound judgements under uncertainty.

Schedule

  • Chengdu·Sichuan

  • January 29- February 3, 2027

  • Language:English

Jan 29

ARRIVAL & REGISTRATION

Jan 30

THE CHALLENGE BEGINS

Jan 31

EXPLORING GLOBAL TRADE

Feb 1

STRATEGY & SPEED IN ACTION

Feb 2

IDEAS IN ACTION, EXCELLENCE RECOGNISED

Feb 3

DEPARTURE

Morning Opening Ceremony & Icebreaker Activities International Trading Expo Stock Exchange Challenge Global Economy Insight — Presentations
Departure
Afternoon Check in Economic Challenge Global Economy Insight — Preparation Economics Quiz Bowl & Estimathon Awards Ceremony & Closing Ceremony
Evening Check in International Trading Expo (Preparation)   Social Night

* Sample agenda is subject to change.

Awards

Individual Awards
Spotlight Award: Top 30% in Overall Individual Points
Critical Communication Award: One Best Speaker selected from each team in Global Economy Insight
Young Economist Award: Top 30% in the Economic Challenge

* The Top 5 students in the overall individual rankings qualify for the IEO International Final Round.

TEAM Awards
Quiz Bowl Winner: Top 30% in Economics Quiz Bowl
Global Trade Pioneer: Top 30% in International Trading Expo
Estimathon Winner: Top 30% in Estimathon
Hedge Fund Award: Top 30% in Stock Exchange Challenge
Global Insight Leader Award: Top 30% in Global Economy Insight

Overall Team Awards
Gold Award: Top 15% in Overall Team Points
Silver Award: Top 30% in Overall Team Points
Bronze Award: Top 45% in Overall Team Points

* Overall Team Points = Global Economy Insight Ranking Points + International Trading Expo Ranking Points + Average Team Ranking Points in the Economic Challenge

* Scores in each component are converted into points based on rankings. The points from all three components are then combined to determine the final team rankings and overall team award recipients.

Students' feelings and experiences

From the IEO to the YIS Program, from economics to business, we encountered numerous challenges and difficulties. Yet, we remain steadfast in our belief that as long as we approach each step with dedication and put forth our best effort, we will eventually achieve our goals.

—DA*YUAN

The High School Attached to Northwest Normal University
Our team comes from an economics background, and on our journey with the IEO Global Economics Olympiad, we not only deepened our knowledge of economics but also met friends who share our passion for the subject—an incredibly rewarding experience!

—WANG*XU

Wuhan Britain-China School