Missing Markets and Missing Prices

Lesson Overview

In this activity, production ministers must allocate resources to the production of 2 products and set prices for the sale of the products in state stores. They discover how difficult it is to satisfy consumers’ wants and needs without the information provided by market pracies.

Video Demonstration

Economic Demise of the Soviet Union

October is National Economic Education Month. We need it more than ever.

The Washington Examiner By Ted Tucker October 2, 2025 A fundamental economic principle is that voluntary trade creates wealth, and the…

FTE: Celebrating 50 Years of Excellence in Economic Education

2025 is a special year for the Foundation for Teaching Economics (FTE), as we celebrate our 50th anniversary. In 1975,…

The Economic Way of Thinking: The Key to Financial Literacy

Professor Jamie Wagner discusses how economics is the key to financial literacy. She is a Professor and Teaching Fellow with…