Teaching Economic Principles Through Literacy Methods (Economics EDUCATION ARTICLES‪)‬

ABSTRACT In a nation of economic uncertainty, productive workers, responsible citizens, knowledgeable consumers, prudent savers and investors, effective participants in the global economy, and competent decision makers need to come forth. A National Test of Economic Literacy (Brenner, 1999) revealed "an appalling lack of knowledge among adults and teens" in the United States. Forty-nine percent of adults and 66% of high school students failed the test (Brenner, 1999, 5)! "While 96% of Americans think economics should be taught in the schools, only 13 states require students to take an economics course to graduate, and only two require them to take a course in personal finance" (Brenner, 1999, 5).