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Recession Hits the Poorest of the Poor

The decline in poverty around the world is the result of unprecedented economic growth. But, the current economic crisis reminds us that just as economic growth helps raise standards of living of the poor, a world-wide recession in which rates of growth fall, sends many
back into poverty.

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FTE at a Glance

The Mission

The mission of the FTE is to introduce young individuals, selected for their leadership potential, to an economic way of thinking about national and international issues, and to promote excellence in economic education by
helping teachers of economics become more effective educators.

Working for You

The Foundation offers free workshops for high school educators and students. This site includes workshop dates, locations, and registration information, as
well as resources, activities, and lesson plans for teaching economics.

Are FTE programs effective?

Recently, the FTE conducted an assessment of student learning in 21 schools to measure the impact of FTE teacher training programs. (We are not aware of any other educational organization that has conducted a similar study.) More than 800 students took the pre and post tests – the “pre-test” referring to the assessment conducted before teachers participated and the post-test to the assessment after teachers participated in the EE program. The findings were impressive. On average, students receiving instruction after their teacher had attended the FTE program showed a gain of 11% points from the pre-test to the post-test. This student gain of 33% (11 over 33) came as a result of these teachers’ participation in the FTE program – a solid validation of the impact FTE programs have on student learning.

“And it underscores what we already know about education – in the long run, it’s the single best investment in stimulating the world’s economy.”
Dr. Gary Becker, Nobel Laureate in economics

"2008 Independent Evaluation Report: Foundation for Teaching Economics 2008 Programs in Economic Education