THE HARVARD CRIMSON
GLOBAL QUIZ BOWL

ECONOMICS & BUSINESS

For Middle and High School Students

Register Now!
Priority Registration Deadline
May 15, 2025
Option to compete in one or multiple quiz categories
Full-length practice test available (in June)

This competition is for you if you’re passionate about or studying or planning to study:

  • Economics
  • Business
  • Finance

Summary

Preliminary Round
Online test with multiple choice and short answer questions
Semi-Final Round
Live rapid-fire questions via Zoom
Final Round
Live rapid-fire questions via Zoom
Team Size
2-5 students from the same school
Age Categories
Middle School (Grades 6-8) and High School (Grades 9-12)
Ten Quiz Categories
Choose to participate in one or more categories.

About The Harvard Crimson

Founded in 1873, The Harvard Crimson is the official student newspaper of Harvard University, and the oldest continuously published daily college newspaper in the United States. The Crimson has a rich tradition of journalistic integrity and counts among its ranks of editorship some of America's greatest journalists. More than 40 Crimson alumni have won the Pulitzer Prize; many of their portraits line the walls of The Crimson.

Countless Crimson alumni have gone on to make history in journalism, business, public service, and politics; distinguishable figures include Franklin D. Roosevelt, John F. Kennedy, Steve Ballmer, Linda Greenhouse, Jim Cramer, Susan Wojcicki and more.

Learn More

Why Join the Harvard Crimson Global Quiz Bowl - Economics & Business?

Boost Your Academic Profile

Stand out in school and college applications by demonstrating your mastery of economics and business knowledge in this prestigious competition

Excel in Your Studies

Deepen your understanding of key economics and business knowledge, whether reinforcing what you've learned or preparing for future coursework

Gain Global Recognition & Networking Opportunities

Earn awards and meet like-minded peers who share your passion for economics and business

Register Now!

How does the competition work?

Team size

2-5 students per team
(all team members must be from the same school)

Categories

Middle School Category

Grade 6 - 8 (Year 7 - 9)

High School Category

Grade 9 - 12 (Year 10 - 13)

What do teams need to do?

Preliminary: Test
Semi-final round: Live rapid fire questions
Final round: Live rapid fire questions
Register Now!

Competition Format

Preliminary round

Sunday, September 21, 2025

Description: The preliminary round is open to all registered teams worldwide

Format:

  • A 60-minute Test (multiple choice and short question)
  • Each team member will individually attempt a set of test questions
  • Only the top two scores will be used to calculate the team’s total score

No proctoring is not required. The test will be conducted online with anti-cheating algorithms in place. Participants must use a laptop or computer with a camera and keep it on throughout the test.

Test Scope:

Middle School

Supply and demand, producers and consumers, types of economic systems (market, command, mixed), inflation, unemployment, and GDP as measures of the economy, the role of trade and globalization in connecting economies, imports and exports, the basics of personal finance (saving, budgeting, spending, credit, and debt), the role of businesses and entrepreneurship, how businesses operate and make a profit, supply chains and how goods are made and sold, the impact of government policies on the economy (taxes and government spending), and major historical economic events such as the Great Depression.

Students will be asked to identify these economic concepts, economists, important economic events, and businesses.

Ex: Franklin Roosevelt's slate of economic policies to combat the Great Depression were known by what two-word term?

A: New Deal

High School

Fundamental economic principles, including scarcity, opportunity cost, and decision-making; the law of supply and demand and its effects on prices; types of economic systems (market, command, mixed) and their strengths and weaknesses; key macroeconomic indicators, including GDP, inflation, unemployment, and economic cycles; the role of trade, globalization, and international organizations such as the IMF and WTO; imports, exports, and trade policies such as tariffs and free trade agreements; personal finance topics, including banking, credit, debt, investing, and financial responsibility; the structure and function of businesses, including entrepreneurship, corporate organization, and supply chain management; how businesses generate profit, the role of innovation, and the impact of emerging markets; government economic policies, including taxation, fiscal policy, and monetary policy; and historical economic events, such as the Great Depression, the 2008 financial crisis, and their long-term consequences.

Students should be able to identify these concepts and also solve situational problems as it relates to economics. 

Ex: Imagine you are head of the Federal Reserve during a financial crisis. You want to stimulate economic growth by having your bank buy assets to increase the money supply. What is this term called?

A: Quantitative Easing

Preparation: Full-length practice tests and test scope will be available soon
Where: Online
Sunday, September 21, 2025:
Economics & Business
  • Asia Pacific: 12:00noon Tokyo Time
  • Europe, Middle East, Africa: 9:00am London Time
  • North America , South America: 11:00am New York Time
Note: To accommodate participants from various time zones, the test will be conducted in three different time slots.Your test time has been set according to the country you specified in the system.

Semi-final round

October 18, 2025

Description: The top 30 highest-scoring teams in each quiz category from the preliminary round will qualify for the global semi-final round. All semi-final rounds across all quiz categories will take place at the same time.

Format: Live Zoom session to answer rapid-fire questions

Where: Online
When: Saturday, October 18, 2025 (11:00am - noon EST)

Final

October 18, 2025

Description: The top 5 performing team from the semi-final round in each quiz category will advance to the global final round.

Format: Live Zoom session to answer rapid-fire questions

Where: Online
When: Saturday, October 18, 2025 (noon - 1:00pm EST)
Register Now!

Competition Timeline

Registration Deadlines and Participation Fees

Priority Deadline
Deadline: May 15, 2025
Fees: US$30 per student per category
Regular Deadline
Deadline: August 15, 2025
Fees: US$40 per student per category
Late Deadline
Deadline: September 6, 2025
Fees: US$50 per student per category

Fee waiver is available for individual low-income students. Please ask your school counselor or principal to send an email titled 'Fee Waiver Request' to waivers@algoed.co from their official school email with your email address and confirm you need a waiver.

All fee waivers must be requested before the regular deadline.

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Recognition

All participants will be awarded a certificate of participation. Participants will also receive their scores.
Preliminary Round
Country + Regional Awards
Champion
1st Runner Up
2nd Runner Up
Honor
Merit
Individual Awards
Top participants will receive individual honors, even if their teams may not win any awards.
Team Awards
Teams will be awarded based on the sum of their two highest individual scores.
Note
To qualify for country awards, participants must achieve a score above 70%. In other words, if a country has only one team, and it scores below 70%, no award will be granted.
Final Round
Global Awards
Global Champion
Global 1st Runner Up
Global 2nd Runner Up

Join the Challenge

This competition is more than a contest; it's your gateway to the fascinating realm of global knowledge and academic exploration.

Interested in more than just Economics & Business?

The Harvard Crimson Global Quiz Bowl offers multiple categories, including Government & Politics, History, Economics & Business, STEM, and Sports. You can join different teams for different categories and expand your knowledge across multiple subjects! Explore your interests and maximize your chances to compete and win.

Register Now!

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About

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