IN THIS ISSUE

Econ-Exchange is a joint publication of the E. Angus Powell Endowement and the Federal Reserve Bank of Richmond.

Each issue of Econ-Exchange features an essay on a unique aspect of economics followed by three practical lesson plans. In this issue, Marilyn Kourilsky and Bill Walstad get us started by sharing their research on entrepreneurship. Their findings point to the importance of exposing our youths to entrepreneurial thinking. Then three experienced teachers show how entrepreneurship can be taught in classrooms from kindergarten to grade twelve.

Diane Shoemake's lesson leads elementary students to understand when an inventor is also an entrepreneur. Elaine Littler's lesson helps middle school students understand the entrepreneurial traits of pioneer-farm families as they move from a self-sufficient economic unit to an interdependent economic unit. Pam Calvert's lesson provides students with insight into the important role entrepreneurship played in the ancient and modern world.

We hope you enjoy Econ-Exchange. We welcome your response; please send us your ideas and tell us about your economics lessons. Understanding how incentives work, the Powell Endowment may even pay you for your contribution.