• Ten basic free market concepts are introduced
• Simulations are used extensively to demonstrate the reliability of theoretical concepts
• Outstanding economics instructors foster critical thinking about difficult social problems
• Examination of current national and international issues promotes discussion

• Move outdoors in beautiful campus settings
• Challenge student teams with both physical and mental problems
• Enhance teamwork and leadership skills
• Forge life-long friendships

• Joint teacher-student dilemmas
• A simulated political election
• Recreational and social events

Objectives: EFL focuses on how markets work

Participants learn that:

• People respond to incentives
• Voluntary exchange provides mutual gains
• Profits attract entrepreneurs
• Competition encourages efficiency
• Private property rights are essential in free societies
• The fact of scarcity necessitates some form of rationing
• Opportunity cost is the real cost of what we choose
• Inflation depends on the money supply
• Choices can cause negative effects
• Economic change is inevitable

In addition, leadership training:

• Fosters a greater understanding of self-potential
• Improves the ability to work in groups and teams
• Develops an awareness of group dynamics
• Teaches the value of diverse leadership styles
• Demonstrates the worth of individuals with differing talents
• Facilitates reflective learning that can be applied to real life situations
• Increases confidence in decision-making
• Promotes a commitment to good citizenship