The IEO is an annual competition that aims to stimulate creative problem-solving skills among high school students with an interest in Economics, Business, and Finance.
about the host
Baku, the capital of Azerbaijan, is a captivating city that beautifully merges modernity with rich cultural heritage. Renowned for its stunning architecture, including the iconic Flame Towers and the historic Old City, Baku provides an inspiring backdrop for young talents. The city boasts a burgeoning tech scene and a vibrant arts culture, making it an ideal hub for innovation and creativity. With its welcoming atmosphere and diverse opportunities for networking and collaboration, Baku encourages participants to connect, compete, and expand their horizons while experiencing the warmth and hospitality of Azerbaijani culture.
Host Country
The Global Olympiad Center (GOC) is excited to host the International Economics Olympiad 2025, reinforcing its commitment to fostering student passion for science and education globally. Established on August 14, 2022, GOC operates under Azerbaijan's educational strategy endorsed by President Ilham Aliyev. Its mission is to enhance students' knowledge and global competitiveness through engaging international competitions. With partnerships in over 40 countries and more than 20 successful olympiads, GOC impacted over 21 thousand students last year alone. GOC focuses on nurturing talents and creating enriching experiences, preparing to welcome young economists from around the world and providing opportunities for future leaders.
Host Organization
One of the top universities in Azerbaijan will host IEO 2025. As a leader in the country's education sector, this higher education institution provides an excellent environment for the event. Equipped with modern facilities and innovative teaching methods that inspire academic excellence, the university will ensure a high-quality experience for all participants.
Examination Venue
The selected accommodation venues are located in the central area of Baku, particularly around Nizami Street. This prime location ensures that participants have easy access to the competition venues while also providing convenient opportunities for sightseeing and leisure activities. The accommodations will feature a range of room types, including double and triple rooms, designed to offer comfortable lodging suitable for various group sizes. Detailed information regarding capacity and room types will be finalized and confirmed in November, 2024.
Accommodation
Business Case
Presentation of case solutions in English before the Jury
03
Team
Financial Literacy
A set of 25 multiple-choice questions focused on different aspects of Financial Literacy
02
Individual
Economics
A test of 20 multiple-choice questions and 5 open questions (out of which only 4 are graded, in accordance with the contestant’s choice)
01
Individual
ACADEMICS
Check out our Preparation section to see our suggestions on academic materials and past years’ papers.
The order is not important: you can apply first and hold the competition later or vice versa.
For contestants:
Check the requirements
Find information
Win your national competition
Up to 5 best students from each country are invited to compete in the IEO.
Check if your country is listed in the Participants section of our website. If it is, contact your national Coordinator for further information. If it is not, reach out to us via the Contact form naming your country. It is possible that we have potential partners in your country which haven’t been officially accepted yet.
You should:
be younger than 20 years old as of June 30th, 2025;
a.
have your high-school graduation date later than December 1st, 2024.