The IES program is a world trade simulation for high school students, which teaches fundamental economic concepts within the context of international trade. Utilizing the experience-based learning model, the IES program challenges high school students to think critically about the benefits and costs of trade and to explore the multifaceted process of globalization. Throughout this ten-week curriculum, students work in teams as economic advisors to an assigned country, researching the social, political, and economic conditions in order to create a strategic plan to improve living standards for their population.
The program culminates in a Mini Summit event at each school and a Regional Summit competition hosted at a local university. On that day, students implement their plans through a host of activities such as alliance negotiations, trade issue debates, flag and concept quizzes, and an energizing trade session.
If you would like to learn more about IES or the Fed's other economic education programs, please
visit the Fed's Educational Resources page.