High schoolers are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with...

An excellent introduction to the concept of markets. Also includes links to related topics.

This is a very thorough definition of scarcity prepared by Dr. Paul Johnson of Auburn University. The site includes hyperlinks to related topics.

This Auburn University site is a very good explanation of competition, including hyperlinks to related topics such as monopoly and substitute goods.

The preeminent national organization that offers students educational experiences in business and economics, Junior Achievement, has a great list of web resources for students and educators. Explore career preparation, college...