What is the purpose of Economics and personal finance Education?

EFFECTIVE ECONOMIC DECISION making requires that students have a keen understanding of the ways in which individuals, businesses, governments, and societies make decisions to allocate human capital, physical capital, and natural resources among alternative uses. This economic reasoning process involves the consideration of costs and benefits with the ultimate goal of making decisions that will enable individuals and societies to be as well off as possible. The study of economics provides students with the concepts and tools necessary for an economic way of thinking and helps students understand the interaction of buyers and sellers in markets, workings of the national economy, and interactions within the global marketplace.
Economics is grounded in knowledge about how people choose to use resources. Economic understanding helps individuals, businesses, governments, and societies choose what resources to devote to work, to school, and to leisure; how many dollars to spend, and how many to save; and how to make informed decisions in a wide variety of contexts. Economic reasoning and skillful use of economic tools draw upon a strong base of knowledge about human capital, land, investments, money, income and production, taxes, and government expenditures. --C3 TEACHERS

Units of Economic Study

Earning and Spending

This is a simple introduction to personal finance with more depth on earning and spending, required by the CEE Financial Literacy Standards.

saving and using credit

This is an introduction to the ways of saving and establishing credit, required by the CEE Financial Literacy Standards.

Investing and Insuring

This is an introduction to investing and insuring, required by the CEE Financial Literacy Standards.

Microeconomics

The NH standards, unlike other standards, require teachers to address microeconomics.

Economic Evolutions

This unit is an exploration of major economic changes throughout time in the United States like the recession, depression, and times when the economy has boomed.

Free market and Economic Systems

Most SS standards agree that students should learn about economic systems.

Economic Policy

The NH social studies standards require teaching how economic policies and government action affect financial institutions, businesses, and consumers, as well as differentiating between monetary and fiscal policy.

Macroeconomics and the global economy

Most SS standards agree students should learn about the global economy.

Economic Problems and Solutions

Most SS standards and the NH social studies standards require teaching on economic trends and changes over time, as well as unemployment and other economic problems.