According to the Council for Economic Education, only 43% of American 12th grade students tested at or above proficient on the most recent National Assessment of Educational Progress (NAEP) economics assessment, and U.S. teenagers fall somewhere around the middle of the pack globally when it comes to financial literacy.
It doesn’t take an economist to point out that such numbers will only trend downward if uninterrupted, as acknowledged even by the White House last spring when President Obama officially proclaimed April, 2015 to be National Financial Capability Month.
Since then, financial literacy has become more and more a subject of national conversation, and if your school would like to have a voice in this conversation we know a good place for you to begin.
Econ Essentials is a free, web-based interactive resource from Discovery Education and the CME Group designed to help students in grades 9 through 12 gain a solid understanding of economic principles. Currently there are two core learning modules available on the site—both aligned with high school economics standards—as well as a more advanced section exploring investment concepts such as futures, hedging, and speculation.
It’s all very practical, even challenging, and a welcome real-world approach to what many students might otherwise view as dry material.
See for yourself. Check out Econ Essentials today.
—Stephen Vincent D’Emidio
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