Guidelines are provided for developing a high school course on the fundamentals of the free enterprise system. The course goal is to promote an economically literate citizenry with a positive attitude toward its economic responsibilities. A one-semester course is described in detail, with special comments about the roles of school administrator and classroom teacher. Content includes the rationale for studying the free enterprise system, definitions of an economic system and the American free enterprise system, and management of personal economic affairs. Student objectives, unit outlines, suggested teaching/learning activities, and resources are described for each of six units. Activities include a class discussion with an owner of a small business or members of a local zoning board, classification of community businesses identified in the yellow pages, and role playing a situation in which family members have widely differing opinions on plans to make a major purchase. Listed resource materials include filmstrips, simulation games, and interview data as well as printed materials. The guide concludes with a list of 55 organizations sponsoring materials in free enterprise system education. (AV)