The annual competition in economics organized for high school students. Intended to stimulate the activities
of students interested in economics, business, and finance by way of creative problem-solving.
The Olympiad is over!
INTERNATIONAL
ECONOMICS
OLYMPIAD
2020
The annual competition in economics organized for high school students. Intended to stimulate the activities
of students interested in economics, business, and finance by way of creative problem-solving.
The Olympiad is over!
INTERNATIONAL
ECONOMICS
OLYMPIAD
2020
Online
7-13 September 2020
Applications till 31 July
Online
7-13 September 2020
THE CHALLENGE
FINANCIAL LITERACY
ECONOMICS
BUSINESS CASE
Online simulation game
in creating personal
financial plans
Open questions
and multiple choice
questions about theory
and practice
Presentation of case solutions in English
before the Jury
PARTICIPATION
Application
Delegation
Make sure that your organization can hold an appropriate selection process and support the team (including finding means to cover their travel costs)
Appoint a coordinator
Send application from your country
Wait for the decision of the Executive Board and for the invitation
Form a team that consists of no more than 5 contestants and 1 or 2 team leaders
Make sure that the contestants have been born less than 20 years before 30 June of the year of IEO
Make sure that team leaders speak decent English and are competent
in the fields of the IEO
Once your organization has participated in one IEO either with a team or just by sending an observer, you are eligible to apply for a 3-year agreement
If your application is accepted by the Executive Board, wait for the notice from our Secretariat and be ready to sign the Agreement.
Check the deadline for sending in the application in the Statute
3-year Agreement
Follow the same steps as for regular application
Delegation
Make sure that your organization can hold an appropriate selection process and support the team (including finding means to cover their travel costs)

Appoint a coordinator

Send application from your country

Wait for the decision of the Executive Board and for the invitation
Form a team that consists of no more than 5 contestants and 1 or 2 team leaders

Make sure that the contestants have been born less than 20 years before 30 June of the year of IEO

Make sure that team leaders speak decent English and are competent in the fields of the IEO
Once your organization has participated in one IEO either with a team or just by sending an observer, you are eligible to apply for a 3-year agreement
If your application is accepted by the Executive Board, wait for the notice from our Secretariat and be ready to sign the Agreement.
Check the deadline for sending in the application in the Statute
3-year Agreement
Follow the same steps as for regular application
PARTICIPATION
Application
Monday, September 7
12:00 – 1:30 PM
UTC
Opening Ceremony
Official IEO
2:00 – 2:45 PM
UTC
Guest Lecture "Blockchain: Its Advantages and Drawbacks"
Prof. Eric Maskin, Nobel Laureate in Economics, Adams University Professor and Professor of Economics and Mathematics at Harvard University
Finished
3:00 – 5:00 PM
UTC
Ice-Breaking Games
Entertainment
Finished
Tuesday, September 8
7:30 – 8:30 AM
UTC
Webinar "Welcome to Kazakhstan"
Gaukhar Dossova, Representative of Friendly Tours Company
9:00 – 10:00 AM
UTC
Guest Lecture "The Role of Macroeconomics in the Covid-19 Pandemic"
Marc Uzan, Executive Director and Founder of the Reinventing Bretton Woods Committee
10:00 – 11:30 AM
UTC
Guest Lecture "Mission, Vision and Values of the Astana International Financial Centre"
Prof. Alexander Van de Putte, Chief Strategy Officer of the Astana International Financial Centre
11:30 – 11:50 AM
UTC
Financial Literacy Game Briefing
Olympiad
Finished
12:00 – 2:00 PM
UTC
Financial Literacy Game
Olympiad
Finished
3:00 – 4:30 PM
UTC
Team Leaders Meeting
Official IEO
Finished
3:00 – 5:30 PM
UTC
Movie Night
Entertainmet
Finished
Wednesday, September 9
9:00 – 10:00 AM
UTC
Guest Lecture "Green Finance"
Shynar Aldazhumanova, Senior Manager of the AIFC Green Finance Centre
11:30 – 11:50 AM
UTC
Economics Briefing
Olympiad
Finished
12:00 – 4:00 PM
UTC
Economics
Olympiad
Finished
5:00 –6:00 PM
UTC
Treasure Hunt Game
Entertainment
Game which is designed to showcase the main landmarks of Kazakhstan
Finished
6:30 – 7:35 PM
UTC
Ballet "Legends of the Great Steppe"
Meeting Kazakhstan
Finished
6:30 – 8:00 PM
UTC
Movie Night
Entertainment
Finished
11:59 PM
UTC
Business Case Task Release
Olympiad
Task is distributed via email
Thursday, September 10
6:00 – 6:45 AM
UTC
Virtual Tour in the National Museum of Kazakhstan
Meeting Kazakhstan
Finished
10:00 –11:00 AM
UTC
Guest Lecture "Why Do We Trust Models?"
Baur Bektemirov, Chief Economist of the Astana International Financial Centre
12:00 – 1:30 PM
UTC
Management Consulting and Business Problem Solving
Olympiad
2:00 – 3:00 PM
UTC
Team Leaders Meeting
Official IEO
Finished
3:00 – 4:30 PM
UTC
Guest Lecture "How AIFC Promotes International Investment and Business Development"
James Martin, Chief Executive Officer of the AIFC Business Connect
Finished
3:00 – 5:00 PM
UTC
International Board Meeting
Official IEO
Finished
11:59 PM
UTC
Business Case Slides Submission Deadline
Olympiad
Via Email
Friday, September 11
10:00 – 11:30 AM
UTC
Guest Lecture "Shift from Human Potential to Human Capital"
Assiya Karibay, Chief Executive Officer of the AIFC Bureau for Continuing Professional Development
Finished
10:00 –11:00 AM
UTC
Webinar "Kazakhstan as a Cultural Touristic Destination"
Meeting Kazakhstan
Talgat Amanbayev, Managing Director of the National Company Kazakh Tourism
11:30 – 11:50 AM
UTC
Business Case Briefing
Olympiad
Finished
12:00 – 2:00 AM
UTC
Business Case Presentation
Olympiad
Finished
2:30 – 4:00 PM
UTC
Business Case Grand Final
Olympiad
3:30 – 5:00 PM
UTC
Kahoot Game
Entertainment
Finished
5:00 – 6:00 PM
UTC
IEOx Presentation
Official IEO
Alexander Zhitkovsky, Secretary of the Executive Board of the International Economics Olympiad
Finished
Saturday, September 12
9:30 – 10:30 AM
UTC
Webinar "Modern Art in Kazakhstan"
Meeting Kazakhstan
Meruyert Kaliyeva, Art Historian and Founder of Aspan Gallery
Finished
9:30 – 11:00 AM
UTC
Guest Lecture "One Simple Tool to Solve Any Problem and Become a Better Management Consultant"
Eldar Beisimbekov, Partner of Dasco Consulting Group
Finished
9:30 – 11:00 AM
UTC
Virtual game
Entertainment
Finished
12:00 – 1:00 PM
UTC
Guest Lecture "Islamic Finance"
Alibek Mombayev, Manager of the AIFC Islamic Finance and Business Hub
12:00 –2:00 PM
UTC
Movie Night
Entertainment
Finished
1:30 –3:30 PM
UTC
Moderation
Olympiad
Finished
3:00 – 4:30 PM
UTC
Guest Lecture "Fintech - a New Frontier of Financial Ecosystems"
Kairat Kaliyev, Chief Development Officer of the Astana International Financial Centre
Finished
5:00 – 6:30 PM
UTC
SPECIAL LECTURE "Positional Goods and Inequality"
Prof. John Nye, Professor of Economics and History at Washington University in St. Louis
Rescheduled
6:30 – 7:30 PM
UTC
International Board Meeting
Official IEO
Finished
6:30 – 7:30 PM
UTC
Karaoke
Entertainment
Finished
6:30 – 9:00 PM
UTC
Kazakh Movie "Myn Bala: Warriors of the Steppe"
Meeting Kazakhstan
Finished
Sunday, September 13
8:00 – 9:30 AM
UTC
Guest Lecture "Basic Concepts of Macroeconomic Analysis"
Zhannur Ashigali, Associate Director, Sovereign Ratings and Macroeconomic Analysis Group of the Analytical Credit Rating Agency
Finished
10:00 – 11:30 AM
UTC
Guest Lecture "Data Science in Economics"
Gaziz Seilkhanov, Advisor to the Chairman of the Board of the Economic Research Institute
12:00 – 2:30 PM
UTC
Closing Ceremony
Official IEO
3:00 – 5:00 PM
UTC
Party
Entertainment
Finished
ORGANIZERS