ABSTRACT
According to the National Council on Economic Education (NCEE), less than half of American high school students have adequate understanding of basic economic principles. Further, an NCEE survey of states reveals that a commitment to offer or require economic and finance education is severely lacking. As a result, the majority of students do not acquire the essential, real-life economic skills that are required to be informed consumers, wise savers and investors, and productive workers (NCEE, 2007).
