About USAEBO
Explore who can enter, how the two rounds work, and how advancement, awards and international team selection connect.
What is USAEBO?
USA Economics and Business Olympiad
- Individual competition
- Two online rounds
USAEBO is an individual competition in economics, business and finance. Its two online rounds also form the selection pathway for Team USA at the International Economics Olympiad (IEO).
THE COMPETITION FOCUS
Understand the ideas.
Explain the reasoning.
Questions connect individual choices with the wider economy and business decisions. They test conceptual understanding, with open-response questions requiring an explanation of your reasoning.
Explore the full syllabusMicroeconomics
How do consumers and firms choose? Explore markets, prices and resource allocation.
Macroeconomics
How do economies work? Study growth, fluctuations, policy and international connections.
Business & finance
How do we assess value and risk? Understand the time value of money and financial instruments.
Who can take part?
ENTRY REQUIREMENTS
Check the entry conditions
USAEBO is open to all nationalities. Participants must be no older than 20 on the first day of that year’s international competition.
Check eligibility and registration materialsINTERESTS TO EXPLORE
An interest in economics and business
If you want to understand markets and prices, economic policy or financial decisions, explore the syllabus and public samples. These are suggested interests, not additional entry requirements.
Explore the question formats through samplesHow do the two rounds work?
ROUND 1
Multiple choice
Eligible participants may register for Round 1 and complete multiple-choice questions independently online. Round 1 performance determines qualification for Round 2.
ROUND 2
Open response
Round 1 qualifiers advance to Round 2, answering open-response questions independently online and showing their reasoning.
Online, with independent responses
Both rounds take place at scheduled times using the required proctoring technology. These formats apply to the 2027 season; the Round 2 question count has not been announced.
Advancement and awards
- Enter Round 1Register if you meet the entry requirements
- Round 1 qualificationPerformance determines advancement
- Compete in Round 2Qualifiers take the open-response exam
Round 1 awards
- Distinguished Honor Rolls
- High Honor Rolls
- Honor Rolls
Round 2 awards
- Gold
- Silver
- Bronze
- Honorable Mention
The awards above apply to their respective rounds. Qualifying cutoffs and award proportions for 2027 have not been announced.
USAEBO, Team USA and IEO
- USAEBO
- The two-round competition
Participants compete for awards across two individual rounds. Round 2 also serves as the selection stage for the US delegation.
- Team USA
- The US delegation
Five eligible students are selected through Round 2. They must be US citizens, US permanent residents, or students enrolled full-time in a US middle or high school.
- IEO
- International Economics Olympiad
Selected students represent the USA at IEO. The international event has its own syllabus and rules, so USAEBO preparation should use the materials for the relevant competition.
Entering USAEBO or receiving an award does not automatically secure a place on Team USA. Selection also requires the relevant citizenship, residency or US enrollment eligibility.
A look back at past events
IEO 2026
IEO 2026: gold, silver and bronze for Team USA
At IEO 2026 in Shenzhen, China, Team USA earned one gold, one silver and one bronze medal, and placed sixth in the business case competition. The results below belong to that international event.
- Gold
- Eli Orbach
- Silver
- Praneeth Annapureddy
- Bronze
- Jesse Zhang