The International Economics Olympiad (IEO) is an annual competition in economics organized for students at secondary school level. It is intended to stimulate the activities of students interested in economics, business, and finance by way of creative problem solving. The IEO competitions help to facilitate cordial relations between young adults of different nationalities; they encourage cooperation and international understanding.

Higher School of Economics is a leading Russian university in economics, social sciences and other fields. According to QS World University Rankings by subject, it is ranked 51—100 in the World and 1st in Russia in Economics & Econometrics.

Moscow is one of the world largest cities, a modern metropolis, the capital and ancient center of the Russian state with a history going back many centuries. It is the city, which everyone should visit.