About Us

Economics Olympiad > About Us

Who we are

The Economics Olympiad was established in 2016 by the Institute of Economic Education (INEV) and its founder – Martina Bacik. It quickly emerged as one of the Czech Republic’s most prestigious high school competitions. Expanding rapidly, it now engages about 80,000 students globally, transcending its national roots to embrace an international audience. Tailored for students aged 14 to 20 without restriction to the type of secondary education, the Economics Olympiad garners support both nationally and internationally from esteemed entities like the Ministries of Education, Central Banks, Academic Institutions, and prestigious Sponsors.

Our mission is to provide students and young adults around the world with in-depth economic and financial education, to empower educators with the necessary tools to facilitate this learning, and to drive systemic change in educational systems globally to elevate the importance and quality of economic and financial education.

Through these efforts, we aim to forge a future where every young individual is equipped with the economic literacy essential for informed decision-making and active participation in the global economy.

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Our Commitment and Appreciation of Teachers

At the heart of the Economics Olympiad, our teachers are the beacon of knowledge and inspiration. We deeply value the dedication, passion, and expertise teachers bring to the classroom, shaping future economists and leaders. Their unwavering commitment to fostering a love for economics and financial literacy is our main source of inspiration.

The Economics Olympiad has experienced remarkable growth since its inception, soaring from an initial 4,000 participants in 2017 to nearly 80,000 by 2023. This exponential increase not only underscores the Olympiad’s rising popularity but also its significant impact on promoting economic education and financial literacy among high school students globally.

Such growth reflects the program’s success in engaging and inspiring a wide audience, offering an invaluable platform for young economists to showcase their talents, and fostering a deeper understanding of economic principles. The Olympiad’s expansion is a testament to its quality, relevance, and the increasing interest in economics among the youth, setting a new standard for educational competitions worldwide.

Student Participation per Year

2023
2022
2021
2020
2019
2018
2017

Message from our Founder / President

The Economics Olympiad is more than a competition. It’s a platform that equips young minds with essential economic and financial skills. It fosters intellectual growth, inspires curiosity, and changes lives. Every participant’s story echoes the transformational power of our initiative.

Martina Bacik

FOUNDER / PRESIDENT

The world would be a better place if everyone understood supply and demand!

Our team

Martina Bacik

Martina Bacik

Founder / President

Martina Bacik is the Founder and Executive Director of the non-profit organization Institut ekonomického vzdělávání (INEV) and the Founder / President of the Economics Olympiad. In 2020, she was recognized in Forbes magazine's 30 Under 30 list. Under her leadership, INEV and the Economics Olympiad have experienced a long period of explosive growth, high impact, and global recognition.

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Alexander Skouras

Executive Director

Alexander Skouras is the Executive Director of the Economics Olympiad, where he applies his extensive background in think tank leadership and advocacy for economic education and literacy among students globally. Before joining the Economics Olympiad, Alexander led the Center for Liberal Studies - Markos Dragoumis (KEFiM) in Greece. During his tenure as President, KEFiM grew from a small group of volunteers into one of the most impactful think tanks in Greece. His previous role as Director of External Relations at the Atlas Network further showcases his expertise in fostering global partnerships and advancing ideas and policies that promote sound economic policy and prosperity.

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Pavel Potužák

Academic Director

Pavel Potuzak serves as an Assistant Professor of Economics at the Prague University of Economics and Business and is a distinguished founding board member of the Institute for Economic Education (INEV). Since its inception, Pavel has played a crucial role in upholding the academic integrity of the Economics Olympiad. He has been instrumental in the development and continual refinement of the competition's test bank, ensuring that it accurately reflects the evolving landscape of economics education. His contributions are vital to maintaining the Olympiad's reputation as a premier platform for aspiring economists to showcase their knowledge and skills on an international stage.

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Christos Manesiotis

Business Development Manager

Christos Manesiotis, a distinguished alumnus and the inaugural winner of the Greek Economics Olympiad, joined our team as an Account Manager in October 2023. Hailing from Athens, Greece, Christos is furthering his academic pursuits in Economics & Politics at New York University. With his profound understanding of the competition's framework and objectives, Christos plays a pivotal role at the Economics Olympiad. As the primary contact for National Organizers, he offers unparalleled support and expert guidance, drawing on his firsthand experience and success in the Olympiad to inspire and assist participants and organizers alike.

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Sonia Voudouris

Account Manager

Sonia Voudouri, a distinguished alumnus of two International Finals of the Economics Olympiad (5th place in 2022 and 8th place in 2023), joined our team as an Account Manager in March 2024. Hailing from Athens, Greece, Sonia is pursuing her studies in Economics and Management at the University of Oxford. With her first-hand experience of the Economics Olympiad, and her understanding of its goals and structure, Sonia is the primary contact for National Organizers, offering support and guidance with the ultimate aim to help all parties involved, from student participants to organisers internationally.

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Martin Kubíček

Test Master

Martin, hailing from Czechia, is pursuing his studies in Economics at Tilburg University in the Netherlands. A graduate of the International Baccalaureate program, he is actively engaged in the ECONET association, the largest alumni network for Economics Olympiad participants in the Czech Republic. Beyond his academic endeavors, Martin demonstrates his leadership and expertise as a team leader within an international student consulting organization, and he also dedicates his time to tutoring Economics. His extensive involvement in the Economics Olympiad over several years has culminated in his joining the Economics Olympiad's Test Master team, where he leverages his experience and knowledge to contribute to the development and refinement of the competition's framework and testing systems.

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Radim Dvořák

Test Master

Radim, an accomplished alumnus of the Economics Olympiad, proudly represented the Czech Republic at the IEO Finals in 2022. Following his secondary education, where he earned an IB Diploma, Radim is currently advancing his academic career at Trinity College Dublin in Ireland, pursuing a double degree in Economics and Mathematics. His passion for economics extends beyond academia into practical application, serving as an analyst in the Trinity Student Managed Fund. Radim's commitment to personal growth and community service is further demonstrated through his involvement in sports, tutoring, and the organization of summer camps. Within the Economics Olympiad's Team, he holds the critical role of Test Master, focusing on the development and management of the testing system, ensuring its integrity and effectiveness in evaluating participants' understanding of economics.