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Entrepreneurship in the Global Economy


The Foundation for Teaching Economics (FTE) is closely monitoring the outbreak of COVID-19. FTE is in close contact with our campus partners. Based on current conditions, all programs are proceeding as planned. Should a campus closure require the cancellation of a program, full refunds of the program fee will be given. For participants who voluntarily withdraw, refunds will be made according to the FTE stated refund policy and schedule.


The world is filled with big ideas. Businesses built on big ideas, however, are far more rare. For an entrepreneur to turn their big idea into a thriving business, they need more than just passion, grit, and accounting skills.  An understanding of economic concepts that explain human behavior and drive the global economy is key.

Entrepreneurship in the Global Economy (EGE) provides this by going beyond what most pre-college entrepreneurship programs teach. Participants not only learn practical skills, like writing a business plan or how to pitch an idea, but also about the economic principles that make successful entrepreneurship possible. To build a business, an entrepreneur must understand incentives and the role institutions, like government, play in setting the “rules of the game”.


What Makes EGE Unique?

EGE offers 40 high school students from around the world the chance to spend a week at Yale University, where:

  • Professors will introduce how economics principles apply to entrepreneurship
  • Corporate guest speakers share their insights and real-world experiences
  • Classroom instruction is supplemented by practical activities and simulations
  • Students gain hands-on experience with Zodiak, a corporate training program used by Fortune 500 companies


Why EGE?

The EGE program is designed to help students:

  • Understand the risks and rewards associated with entrepreneurship
  • Evaluate sources of capital
  • Understand market forecasting and supply/demand
  • Enhance team-building skills
  • Learn to apply the economic way of thinking to business decisions
  • Have fun while creating a network of peers from around the world
  • Experience the culture and life of an Ivy League campus

Feedback from parents, independent college counselors, and students indicate that FTE programs provide students with an enriching experience that helps with the college admission process.  Submit your application today for our newest program, Entrepreneurship in the Global Economy!


Student Program Deadline Extended to April 15. Given the challenges families face because of COVID-19, FTE has extended the deadline and streamlined the application.