From Startup to Success: Using Gen Z Entrepreneurs to Teach Economics

Stefani Milovanska-Farrington () and Dirk Mateer ()
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Stefani Milovanska-Farrington: The University of Tampa
Dirk Mateer: University of Texas at Austin

No 17638, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper builds upon the work of McCaffrey (2016) who explores how economics can enhance entrepreneurship education. We extended the work of McCaffrey in two distinct ways. First, we emphasize the economic understanding every private enterprise needs to be successful. Second, we developed teaching guides which feature three successful Gen Z entrepreneurs – Max Hayden, Mikaila Ulmer, and Alexandr Wang. Their stories embody business acumen and the entrepreneurial ability necessary to succeed in a rapidly changing world. The lessons build upon the work of Milovanska-Farrington et al. (2023) and DeWind et al. (2023) who illustrate foundation-level economic concepts in an engaging way that resonates with Gen Z students.

Keywords: entrepreneurs; principles of economics; private enterprise; Gen Z; Max Hayden; Mikaila Ulmer; Alexandr Wang (search for similar items in EconPapers)
JEL-codes: A20 A21 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2025-01
New Economics Papers: this item is included in nep-ent, nep-pke and nep-sbm
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