Course Description

Module 2: What is the Entrepreneur's Role in Creating Value?

Wealth does not simply exist naturally in the world. The things we want and need must be created or produced before they can be enjoyed. Entrepreneurs play a key role in value creation. They create value for themselves by creating value for others. This series of lessons explains the entrepreneur’s role in creating value for themselves and for society. Societies that encourage entrepreneurship through economic freedom tend to see much faster economic growth than those that do not. Let's see how entrepreneurs play a role in creating value!

FEE Courses

Course curriculum

  • 1

    Module Two: What is the Entrepreneur's Role in Creating Value?

    • Overview

    • Additional Resources

    • Concepts and Terms

    • Objectives
  • 2

    Lesson One: Value is in the Eye of the Beholder

    • Introduction

    • Value of a T-Shirt

    • Watch Video

    • Think and Reflect

    • Activity: Myth Busting

    • Myth #1 Busting

    • Myth #2 Busting

    • Myth #3 Busting

    • The Truth About Value

    • Subjective Value by Max Borders

    • Read Article

    • Think and Reflect

    • Lesson Quiz

    • Knowledge Recap

    • Bonus Material
  • 3

    Lesson Two: Value Must Be Produced

    • Introduction

    • Creating Value, Not Just Work

    • Watch Video

    • Think and Reflect

    • Creating Jobs vs. Creating Value by Steven Horwitz

    • Read Article

    • Think and Reflect

    • Activity: Business Ideas

    • Lesson Quiz

    • Knowledge Recap

    • Bonus Material
  • 4

    Lesson Three: Creating Value and Serving Others

    • Introduction

    • Supply and Demand

    • Watch Video

    • Demand and Supply by Dwight Lee

    • Read Article

    • Think and Reflect

    • Activity: Food Trucks

    • Everybody is Working for Everybody Else by The Rational Optimist

    • Watch Video

    • Think and Reflect

    • This Product Can Change Your Life by Simon Keane-Cowell

    • Read Article

    • Lesson Quiz

    • Knowledge Recap

    • Bonus Material
  • 5

    Lesson Four: Work and Value Creation: Being Entrepreneurial in your Career

    • Introduction

    • Your Career is an Enterprise – Dan Sanchez

    • Think and Reflect

    • Advice for Young, Unemployed Workers

    • Read Article

    • Think and Reflect

    • Edgar the Exploiter

    • Watch Video

    • Think and Reflect

    • Edgar the Entrepreneur

    • Read Article - Edgar the Entrepreneur

    • Think and Reflect

    • Lesson Quiz

    • Knowledge Recap

    • Bonus Material
  • 6

    Lesson Five: Economic Growth and the Entrepreneur

    • Introduction

    • Nothing Fishy about Growth and How Entrepreneurs Make an Economy Grow

    • Watch Videos

    • Think and Reflect

    • Factors of Production

    • Economic Growth - Classical Model

    • Technological Innovation and Growth

    • Role of the Entrepreneur

    • Lesson Quiz

    • Knowledge Recap

    • Bonus Material

    • Module 2 Badge