Rules of the Olympiad

General Provisions

The document outlines the rules for conducting the Asian Economics Olympiad 2024, organized by the National Team of Kazakhstan in Economics (KNET). The Olympiad aims to promote economic knowledge and develop problem-solving skills among 9th-12th grade students across Asia. Participation is voluntary and free of charge, and the official language of the competition is English.

Objectives and Goals

• Develop analytical skills in economics.
• Increase knowledge in international and Asian economics.
• Prepare students for participation in international economics tournaments.

Participants

The Olympiad is open to students from 9th to 12th grade in Asian educational institutions. Teams should consist of 3 to 5 participants, and registration closes by October 23, 2024.

Structure of the Olympiad

• Stage 1 (October 26): Individual tasks, including open questions (2 hours) and multiple-choice questions (1 hour). Answers are submitted via Google Forms.
• Stage 2 (November 9): The top 15 teams will receive a business case and have 24 hours to submit their solution, presented live via Zoom.

Evaluation Criteria

Participants’ work will be evaluated on the following criteria:

• The completeness of the solution.
• Justification of the proposed solutions.
• The ability to present and defend the solution during the Q&A session.

Prizes and Awards

The Olympiad will award 1 gold, 2 silver, and 3 bronze medals. Winners will receive certificates and prizes provided by sponsors.

Conduct Rules

Teams are prohibited from collaborating with other teams or any third parties while solving cases. Any breach of academic integrity will result in disqualification.