What SIFE Does : Market Economics

1# Market Economics

Kyrgyzstan American University - Central Asia Many individuals in rural Kyrgyzstan had little or no access to updated economic information, and business activity suffered as a result. AUC SIFE established an information center to teach basic computer skills and provide Internet usage training. Through the internet, citizens now have knowledge of worldwide economic events and their relevance to the local economy. The center has become a training center, global connection point, and an online marketplace to buy and sell products.

Slovenia University of Ljubljana Slovenia's recent membership into the European Union made way for a number of new economic opportunities for its citizens. Through a series of workshops, educational computer games, lectures and competitions, UL SIFE gave Slovenians knowledge of the European Union and its role in the international business community, the effects of Slovenia's participation, and how individuals could aim for a brighter economic future as a result of this major national event.

Nigeria Kaduna Polytechnic The SIFE Team at Kaduna Polytechnic developed partnerships with SIFE Teams on four continents to teach secondary students how free markets work in the global economy. Project G-Trade linked students from different countries together through an international simulation of international trade processes on the Internet. Participants learned about currency exchanges, ethics in foreign transactions, and key documents used in international trade.

Poland Gdansk University Over 600 Polish students are logging on for an interactive lesson on how free markets work in the global economy. While playing this Internet game created by Gdansk University SIFE, players run their own virtual companies and communicate via cyberspace with other "managers."