Title: Commentary: personal financial education in the high school curriculum

Authors: Gary R. Jaeckel

Addresses: Advocates for Personal Financial Education, Foundation for Teaching Personal Financial Education, 7706 S. Monaco Circle E., Centennial, Colorado, USA

Abstract: Personal finance and economics are two distinct subjects, with some common characteristics, that require instruction by highly qualified teachers. In an ideal world each would be taught in high school; yet in most high schools in the USA there is not room for both. Today, approximately two thirds of high school graduates should have taken a course in economics while only 13% are required to take a stand-alone financial literacy class. The author contends that personal financial education should be the preferred course and that strictly personal finance topics be supplemented with some micro and macro economics.

Keywords: economics education; personal finance education; high school curricula; economic literacy; financial literacy; microeconomics; macroeconomics; USA; United States.

DOI: 10.1504/IJPEE.2013.053584

International Journal of Pluralism and Economics Education, 2013 Vol.4 No.1, pp.5 - 14

Published online: 30 Apr 2014 *

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