Economics Olympiad

Take part in this leading Economics competition for secondary students across the British Isles.

Designed to challenge and inspire, the Great British Economics Olympiad is a unique opportunity for students to push themselves further and excel in the Economics field.

Budding economists will develop critical problem-solving skills, learn to think more creatively and get a chance to test their knowledge in new, real-world situations. They could even find themselves representing the UK at the prestigious International Economics Olympiad.

What is the Economics Olympiad?

The Great British Economics Olympiad is a national competition for secondary school students run by Rochester Independent College on behalf of the International Economics Olympiad Committee.

The competition is designed to promote interest in economics and to identify talented students who may become future leaders in the field.

The competition consists of 3 stages:

Stage 1: 50 Multiple Choice Questions - carried out online with a set time limit.

Stage 2: Financial Literacy Game - Online simulation game where participants need to create personal financial plans.

Stage 3: Business case - Presentation of case solutions to a panel of judges here at RIC.

The top performing students will be given the opportunity to represent the UK at the International Economics Olympiad.

Why take part in the Economics Olympiad?

The IEO is a great opportunity for high school students who are interested in economics to showcase their knowledge and skills, meet other students from around the world who share their interests, and gain valuable experience and recognition.

Challenge yourself by practising your economics skills and knowledge outside the classroom

Compete with students all over the world in a prestigious international competition

Make your personal statement more competitive 


Who can enter the Olympiad?

The Great British Economics Olympiad is open to all secondary schools and colleges across the UK. However, the questions are aimed at GCSE and A-Level students so we recommend that entrants should be at least 14 years of age.

The competition is designed to challenge, so it will not be easy. Students should see it as an opportunity to develop their thinking and problem solving skills, and to test their existing knowledge of economics in real-world situations.

How to take part in the Economic Olympiad?

Run annually, the competition is made up of three stages that start with a multiple choice test and end with four students representing the UK at the prestigious International Economics Olympiad.

Deadline to Register - 1st December 2023, 18.00hrs

The first thing to do is register your school. Schools and colleges don’t need the names of the students taking part in order to register. Registration of individual students will take place in the following week with stage one of the competition taking place week commencing 11th December.

The second round of the competition will take place during week commencing 29th January with the UK final taking place here at Rochester Independent College on 21st March 2024.

Winning UK students will be invited to compete at the International Economics Olympiad world finals in Hong Kong in the summer of 2024.

If you have any queries, please email ieo@rochester-college.org.uk.