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Make economics easy for students in grades 6–12 using Economic Literacy: A Simplified Method for Teaching Economic Concepts. This 96-page book presents difficult terms and concepts in a simplified format and helps students gain a better understanding of how the American economic system works. Activities allow students to explore ideas, practice research skills, access information through technology, and find the connection between economic theories and historical events. The book also includes simulations and games that reinforce core concepts.
Tests the understanding of basic economic concepts by high school students.
The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being utterly suppressed by mainstream economists, small deviations from rationality, together with trends in behavioral economics, alleviate the denial of money illusion induced by the rational expectations revolution. This book argues that money illusion seems to be a ubiquitous phenomenon, affecting various areas such as financial markets, housing markets, labor markets, consumption-saving decisions, and even development at the aggregate level induced by coordination issues. Furthermore, in light of the educational efforts of central banks and other institutions, it is worth considering whether solid economic training would provide guidance for the public regarding their decision-making and thereby alleviate the effects of money illusion. The emerging field of experimental economics provides a unique opportunity for us to verify the presence of money illusion. Specifically, attention is devoted to the experimental investigation of reduction in the direct and indirect effects of money illusion with respect to the level of economic literacy acquired through economic education. Economic Literacy and Money Illusion will be of interest to the general audience and to those who are interested in behavioral economics, economics education, and experimental economics, as well as to policy makers and institutions. Last but not least, it will help develop students’ interest in alternative economic theories. NB. The research and writing of this book was made possible with the support of the University of Economics, Prague, Faculty of Economics, Department of Economics.
This essential guide for curriculum developers, administrators, teachers, and education and economics professors, the standards were developed to provide a framework and benchmarks for the teaching of economics to our nation's children.
Elementary school assessment for grades 56, nationally normed.
The parent guide contains activities that are fun for parents and children to do together to enhance learning personal financial principles and skills.
In the world of globalization, international markets and world-wide competition it is important for students to be well informed about the underlying economic concepts. Knowledge about economics, termed 'economic literacy', has become as important as being literate in reading, writing and arithmetic. For each country and educational system the importance of economic literacy is tied to educating its youth to be capable of understanding, thinking and acting according to basic economic principles. Based on the Australian setting this book sheds light on the growing importance of economic literacy as reflected in the States' curricula and as measured in a recent survey conducted across Queensland.
The authors take a detailed look at the economic competence and financial literacy of young adults, especially of those who start an apprenticeship or who take up their studies at a university. Economic competence and financial literacy are of special interest within this group, because these young people are – mostly for the fi rst time in their lives – responsible for autonomously managing their own fi nancial affairs and deal with economic challenges.
“What is important for citizens to know and be able to do?” The OECD Programme for International Student Assessment (PISA) seeks to answer that question through the most comprehensive and rigorous international assessment of student knowledge and skills.