Teach the Cast
Some of MarketQuest’s cast are still learning. When you teach them, YOU learn it best — catch what they get wrong, then quiz them.
Teach Forgo
You be the teacher — Forgo is still learning. Helping Forgo figure it out is the practice. (Only for you; nothing is saved.)
Teach the connections
Show how the market ideas connect
You've helped them one at a time. The real understanding is how the ideas CONNECT — teach that next.
Stock (supply — how much producers bring to market) × Crave (demand — how much buyers want at a given price)
A drought cuts the lemon harvest. Using Stock and Crave, why does lemonade get pricier?
Stock then says: “If sellers just want more money, they set any price they like — supply and demand don't matter.” — is that right?
The link: price is the meeting point of two forces — supply pushing down, demand pushing up.
Where supply meets demand, the price is found.
Forgo (opportunity cost — the next-best thing you gave up) × Knack (specialization + trade — do what you do best, trade for the rest)
Why does it pay to specialize (Knack) instead of making everything yourself — what does Forgo reveal?
Forgo then says: “It's always cheapest to make everything myself and never trade.” — is that right?
The link: specialization is the answer to opportunity cost — focus where you give up the least.
Do your best thing; trade for the rest.
Capstone — run one lemonade stand together
Three economic ideas, one little business. Bring in the cast member for each.
You spend Saturday on the stand instead of the pool — name the hidden cost. Who?
Who do you bring in?
Prices settle where the amount you'll sell matches what buyers will buy. Who?
Who do you bring in?
You make great lemonade but slow signs, so you trade sign-making with a friend. Who?
Who do you bring in?
The synthesis: weigh what you give up, let supply and demand set the price, and specialize to trade — a stand run like an economist.
Cost, price, and trade — the market in a cup.
Try it in the market tools →
