Something like that did happen in one of my classes and the kids who didnt want to learn it said "why dont you just teach [ smart kid ] then? If anybody is gonna design rockets itll be him.
The problem with this way is that calculus is needed to get through, like, a basic engineering degree, I assume economics if you are doing it with any rigor. I suspect these aren't like careers for the top 1% braniac kids, they are normal B+ student fields (I mean I know everyone gets straight A's in highschool now, but you know what I mean).
Colleges attract big fish from small ponds, but most small ponds have small fish. Realistically, only big fish will have the attitude and aptitude to become something as advanced as rocket designer.