Tuesday, June 19, 2007

Report Finds Lack of Economics Instruction

Even as state policymakers stress the importance of preparing students to compete in a global economy, fewer than half the states require students to take even a basic course in economics. What’s more, the number of states that test students on the concepts of economics is declining.

That’s according to the latest national report card on the state of economics and personal-finance education, released last week by the National Council on Economic Education .

“It is vital that we teach these concepts, and it’s becoming more important because of the way our society is changing, with all of the globalization we’re seeing,” said Joseph A. Peri, the executive vice president and chief operating officer of the New York City-based council. “States are continuing to make progress, but we’re still not there.”

The goal, Mr. Peri said, is for all states to require an economics course for graduation. Also important is that states test students in the subject, he said, “because if it’s going to be tested, it’s more likely to be emphasized.”

This from Education Week.

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