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Economic Literacy


Economic literacy is the knowledge and understanding of economic concepts and principles, and how they are applied in everyday life. It is important for individuals to have a basic understanding of economics in order to make informed decisions about their finances, investments, and other financial matters. Economic literacy can help individuals become more financially responsible by providing knowledge and understanding of economic terminology, concepts, and principles, as well as the implications of economic decisions. It also allows individuals to understand the economic environment they live in and how it affects them. Economic literacy can benefit individuals in their personal and professional lives, providing them with the ability to understand economic trends and make sound decisions.

Through our partnership with Economic Fundamentals Initiative, we are working to increase economic literacy by providing workshops and educational materials that focus on the fundamentals of economic and financial concepts. We also focus on producing materials that are tailored to the specific needs of the Armenian population. Our goal is to equip people with the knowledge and skills necessary to make informed economic decisions for their own personal benefit as well as for the benefit of their families and communities.

Common Sense Economics

explains the basics of economics in a language that is easy for everyone to understand! Read online or download free of charge and explore what economics means to you in your everyday life.

Tatevatsi Economics Olympiad

We are excited to introduce you all to the Tatevatsi Economics Olympiad, a competition designed to help high school students gain a better understanding of economics. The Olympiad is open to all high school students and consists of a series of multiple-choice questions that are designed to assess the participant’s knowledge of economics. The competition culminates in a final round in which the school round top scorers will compete against each other in the national round to determine the five winners who will compete in the international round in Bratislava.

The Economics Olympiad is more than just a competition. It is also a great opportunity for students to gain a better understanding of the economic landscape and apply their knowledge in real-world scenarios. The Olympiad provides students with an opportunity to gain insights into economics and to build their skills in problem-solving.
So, if you are interested in economics, the Tatevatsi Economics Olympiad is a great way to hone your skills and gain a better understanding of the subject matter. I hope you will join the competition!

For more information, write us via email:


Let us make an impact together

We collaborate with our partners: the Economic Fundamentals Initiative, the Institute of Economic Education, and the American University of Armenia, to launch the Economics Olympiad.

If you are interested in being a part of this impactful activity, please get in touch with us via email at

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