Economic Fundamentals Initiative

Congratulating our partner in Uzbekistan Westminster International University in Tashkent, for organizing such a successful first year of the Economics Olympiad. We look forward to continuing our drive together to increase understanding of economics and persona finance among the country’s young people!

🌐🎉 We are thrilled to announce that three students from Uzbekistan have achieved remarkable success in the international round of the VIII Economics Olympiad (EO), winning silver and bronze medals!

This year marks Uzbekistan’s debut in this prestigious Olympiad, and we are proud to say it has been a successful one! The Olympiad is structured in three rounds: the School Round, held in February 2024 across Uzbekistan with 583 participants from 14 regions; the National Round, hosted by WIUT on May 22, 2024, with 81 participants. The final round of EO2024 took place in the historic Ancient Olympia, Greece, September 1-4, 2024.

As a leading academic partner of the Economic Fundamentals Initiative (EFI) project activities in Uzbekistan, WIUT played a crucial role in this journey by managing the School Round, hosting the National round, and conducting advanced training for the International Final Round of the Olympiad. The EFI project has funded all three rounds, making this achievement possible.

The delegation of five students (Khumoyunbek Ibrohimov, Jasurbek Rizoqulov, Samandar Norboyev, Behruz Olimov, Miron Tursunov), led by Assoc. Prof. Dr. Ikrom Rikhsiboev, WIUT Dean for Graduate School, showcased incredible talent on the global stage. Khumoyunbek Ibrohimov won a silver medal, while Jasurbek Rizokulov and Samandar Norboyev each earned bronze medals! All finalists are exceptional students from the Qarshi and Navoi Presidential Schools.

The competition in the final round was intense, featuring written and verbal challenges, with participants from 18 countries including Armenia, Azerbaijan, Georgia, Uzbekistan, Kazakhstan, Kyrgyzstan, Ukraine, China, Albania, Serbia, Slovakia, Netherlands, Greece, Poland, and the Czech Republic.

EFI project activities in Uzbekistan, including the implementation of EO, are managed by Dr. Nargiza Alimukhamedova, WIUT Associate Professor and the Course Leader of the MSc Research Methods for Social Sciences.

Thank you Entrepreneur Georgia for celebrating with us the succes if the team at the International Final Round of the International Economics Olympiad!

🇬🇪🚀ეკონომიკის ოლიმპიადის საერთაშორისო ფინალურ რაუნდში საქართველოს გუნდმა 5 მედალი მოიპოვა:

🥇მირიან ფაიქიძე
🥈ანი გვარამაძე
🥈ანა მაისურაძე
🥈გიორგი პეტუაშვილი
🥉თედო კილაძე

ეკონომიკის ოლიმპიადის საერთაშორისო ფინალური რაუნდი საბერძნეთში, ძველ ოლიმპიაში ჩატარდა, იქ საიდანაც ოლიმპური თამაშები დაიწყო.

ქვეყნის რეიტინგით კი საქართველო გავიდა მეოთხე ადგილზე პოლონეთის, საბერძნეთის და ჩეხეთის შემდეგ.

Our congratulation to the amazing team from Georgia and big thank you to our partners GELi . საქართველოს ეკონომიკური წიგნიერების ინიციატივა who managing the Economics Olympiad in Georgia and, of course, all their supporters. We are thrilled to see the growing number of new common sense economists and can’t wait to see what next year holds!
Stay tuned!

✨🇬🇪🛬 ეკონომიკის ოლიმპიადის საერთაშორისო ფინალური რაუნდის ფარგლებში, საქართველოს გუნდის მიერ მოპოვებული 5 მედალი და მათი მფლობელები 😊

მირიან ფაიქიძე, ოქროს მედალი
ანი გვარამაძე, ვერცხლის მედალი
ანა მაისურაძე, ვერცხლის მედალი
გიორგი პეტუაშვილი, ვერცხლის მედალი
თედო კილაძე, ბრინჯაოს მედალი

ეკონომიკის ოლიმპიადის საერთაშორისო ფინალური რაუნდი საბერძნეთში, ძველ ოლიმპიაში ჩატარდა, იქ საიდანაც ოლიმპური თამაშები დაიწყო.

ქვეყნის რეიტინგით კი საქართველო გავიდა მეოთხე ადგილზე პოლონეთის, საბერძნეთის და ჩეხეთის შემდეგ.

🤝 ეკონომიკის ოლიმპიადის გენერალური სპონსორია Economic Fundamentals Initiative
ეკონომიკის ოლიმპიადის სპონსორია საქართველოს ბანკი • Bank of Georgia
ეკონომიკის ოლიმპიადის მხარდამჭერები არიან თავისუფალი უნივერსიტეტი - Free University, UN Women Georgia, Skillwill Georgia და International Economics Olympiad
ოლიმპიადის მედია პარტნიორია BMG • ბიემჯი




#ეკონომიკისოლიმპიადა

Team Ukraine, likely the winners of the “longest journey” award, performed exceptionally well at Ancient Olympia! Cheers to all participants, the medalists, their teachers and parents who support them in this journey. Congratulations with the “National organizer of the year” award to our partners Bendukidze Free Market Center. Our special thank you for going far and beyond!
We already eagerly anticipate another year of victories and the continued inspiration of young economists.

Congratulations to the silver medalist and all participants of the International Final Round! Our hank you to The Center for Economic and Social Development (CESD) for successfully hosting the Economics Olympiad in Azerbaijan. We’re already looking ahead to next year, inspired by the young minds who have discovered their passion for economics.

Our congratulations to students and thank you to Universiteti Europian i Tiranës for overseeing the Economics Olympiad in Albania for the very first year. We are excited to see the competition growth next year and the positive impact it will have on motivating young people to enhance their grasp of economics.

Cheers to team Armenia with the 3 bronze medals and 1 silver! Our thank you to their teachers and families for their support. They’re excited to keep expanding their economic knowledge. And we’re excited to support our country partner Center for Behavioral Decisions as they work to expand the number of participants next year and secure new sources of support.

Մեր բոլոր մասնակիցները մեդալակիրներ են.

Ավարտվեց 2024 թվականի Հունաստանում անցկացված տնտեսագիտական օլիմպիադայի միջազգային փուլը, որին մասնակցում էին ավելի քան 20 երկրների թիմեր: Հպարտությամբ հայտնում ենք, որ մեր թիմի բոլոր աշակերտները դարձան մրցանակակիրներ՝ նվաճելով մեկ արծաթե և երեք բրոնզե մեդալներ: Շնորհավորում ենք մեր թիմի բոլոր անդամներին այս հաղթանակի կապակցությամբ և մաղթում նորանոր հաջողություններ:

Ցանկանում ենք շնորհակալություն հայտնել Տատևացի տնտեսագիտական օլիմպիադա 2024-ի բոլոր գործընկերներին և աջակիցներին։

All Our Participants Are Medalists!

The international stage of the 2024 Economics Olympiad in Greece has come to a close, with teams from over 20 countries competing. We are proud and excited to share that every member of our team earned a medal, bringing home one silver and three bronze! We extend our heartfelt congratulations to our team and wish them continued success in the future.

We would also like to express our sincere thanks to all the partners and supporters of the 2024 Tatevatsi Economics Olympiad.

ՀՀ կրթության, գիտության, մշակույթի և սպորտի նախարարություն Central Bank of Armenia American University of Armenia Economic Fundamentals Initiative Evocabank International Economics Olympiad EasyPay

We are proud to partner with Instituti Riinvest in Kosovo and delighted that this year, the country secured a Bronze medal at the Economics Olympiad. We are looking forward to seeing the number of participants - and medals - from Kosovo grow next year!

Our thanks to for managing the Economics Olympiad in Kyrgyzstan. We look forward to seeing the competition grow even bigger next year and to witness its impact on encouraging young people to improve their understanding of economics.

Teacher Training Pilot update: the first year of training workshops ends today. As we analyse, reflect and prepare for the next year, we'd like to share the feedback from one of the teachers, Julia Knorr from Kherson Scientific Lyceum in Ukraine: "There are simply not enough words to describe the emotions, impressions, and feedback we received. Going home today, I will have not only the suitcase I brought with me, but a completely new «baggage» of tools, knowledge and skills, which I will certainly apply to raise the level of financial and economic awareness of the Ukrainian youth of the Kherson Region".

Almost 200 teachers across Georgia, Kosovo and Ukraine attended this year's training workshops. They will have access to ongoing mentoring and professional development and join a multinational peer community. If you like good news stories, keep following us, and spread the good news! Step by step, EFI and our country partners are not just spotlighting the critical need for economic and financial literacy in our societies, but pro-actively driving change. Our thanks to Rising Tide Foundation for joining us on this journey!

The Economics Olympiad is over for another year! After 2 intense days in the stunning environment of Ancient Olympia, the competitors are headed for home! Our congratulations to the 3 students from EFI-supported countries who took 4th (Ukraine), 5th (Kazakhstan) and 6th (Georgia) places! Silver and Bronze medals were also awarded to competitors ranked in places 11-50. We are thrilled that “our” students have amassed an impressive 17 bronze and 7 silver medals! Meet above some of our happy winners, many encouraged and determined to compete again next year! There’ll be more to share as we reflect on the past days. For now, our thanks to the students, their teachers and parents, and our amazing country partners!

Two of our finalists, Tomiris and Dinara, are from Shoqan Walikhanov school in Almaty.
Therefore, the Kazakhstan team is led by the .kz deputy principal, Mr. Chingiskhan Berdibekov.

The International Final Round of the Economics Olympiad begins today in Ancient Olympia, Greece 🇬🇷! Let’s root for Kazakhstan 🇰🇿 while wishing good luck to other participating countries 🍀

Team Armenia!

Sending our best wishes to the amazing team representing Armenia 🇦🇲 in the International Round of the Economics Olympiad in Olympia today! 🌍🎓 Your hard work and dedication inspire all of Armenia—bring your best and make us proud! 💪👏

Team Kosovo!

Jemi tejet të lumtur të njoftojmë se finalistët tanë kanë arritur në Olympus, Greqi, për të përfaqësuar Kosovën në finalen e Olimpiadës së Ekonomisë!

Ky është një moment krenarie për ne, dhe urojmë suksese të mëdha finalistëve tanë të talentuar në këtë sfidë ndërkombëtare. Le t’i japim mbështetjen tonë të plotë! 🏆

Team North Macedonia at International Final Round!

Team Georgia in Ancient Olympia!

✊ ეკონომიკის ოლიმპიადის საერთაშორისო ფინალური რაუნდის მონაწილე საქართველოს გუნდი უკვე ძველ ოლიმპიაშია.

🤝 ეკონომიკის ოლიმპიადის გენერალური სპონსორია Economic Fundamentals Initiative
ეკონომიკის ოლიმპიადის სპონსორია საქართველოს ბანკი • Bank of Georgia
ეკონომიკის ოლიმპიადის მხარდამჭერები არიან თავისუფალი უნივერსიტეტი - Free University , UN Women Georgia, Skillwill Georgia და International Economics Olympiad
ოლიმპიადის მედია პარტნიორია BMG • ბიემჯი




#ეკონომიკისოლიმპიადა

Team Ukraine!

🎉 Exciting News! 🎉

Our brilliant Armenian high school students are on their way to Greece to represent our nation at the International Economics Olympiad in Olympia! 🌍✨ These young minds will be showcasing their economic skills on an international stage, and we couldn't be more proud of them.

Let's all send them our best wishes and positive vibes! We know they'll shine bright and make us proud. ✨

Wishing our Armenian team all the success they deserve! 🇦🇲

Happy to inspire new generation of Common Sense Economists with our partners Liberal Alternative Institute - LAI. Our thanks to the Faculty of Business and Economics - SEEU for their unwavering support!

Meet the finalists of the 2024 Economics Olympiad in Azerbaijan, where students from over 20 countries will compete next week. Thank you to our partners at The Center for Economic and Social Development (CESD)for managing the competition for the second year!

We can't wait to see everyone in Greece!

The finalists of the 2024 Economics Olympiad in Kosovo at the show on public TV RTK sharing their experiences throughout the competition rounds and their preparations for the upcoming final in Greece.

For Albanian speaking: tune in to watch the video and learn about their challenges, preparations, and aspirations to represent Kosovo in the International Final Round!

Pasdite - Alma Bajramaj - Efi Kosova - Etna Ajeti,Endrit Tytynxhiu,Dion Sokoli 𝐅𝐨𝐥𝐥𝐨𝐰 𝐑𝐓𝐊:𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://shorturl.at/vGHS8𝐖𝐄𝐁: 𝐫𝐭𝐤𝐥𝐢𝐯𝐞.𝐜𝐨𝐦Powered by OnAir.FM

Congratulations to all the participants of the workshop on Economics Pedagogy and to our partners Liberal Alternative Institute - LAI in North Macedonia. Our thank yous to Argjenta Plakolli and Alma Bajramaj from Instituti Riinvest, our partners in Kosovo, for their invaluable contribution!
Stay tuned for more updates!