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The Interactive Museum of Economics (Museo Interactivo de Economía) or MIDE is the first museum in the World dedicated exclusively to economics. The museum was opened in 2006 and is located on Tacuba Street in the historic center of Mexico City. The museum is open to the public and features hands-on exhibits meant to make the basic concepts of economics fun and engaging. The museum is housed in the old Bethlehemite convent and hospital. Before the Bank of Mexico acquired the building in 1990, it was in ruins and filled with debris. It took fifteen years to restore the building to what it probably looked like in the 19th century.
The Interactive Museum of Economics is the first museum in the world dedicated exclusively to economics. The museum was opened in 2006 was opened with the sponsorship of the Bank of Mexico, the Nacional Financiera and other government organizations. The museum is open to the public but its focus is on students, teachers and economic professional providing hands-on exhibits meant to be fun and engaging.One reason for the museum is to promote economic education, which is not taught in public schools. The exhibits are aimed at breaking down basic economic concepts in demonstrating how every Mexican affects and is affected by the economy. One conception that the museum seeks to overcome is that economics is boring and only for experts and politicians. The museum’s director also stresses that the museum only serves to educate and promote critical thinking about the science of economics, not a particular political point of view. The museum was awarded the Miguel Covarrubias Prize for the planning of the museum and restoration of the Colonial era building. In 2007, the museum had 160,000 visitors and with the number of visitors to the museum growing each month.
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