Today's economic world is a complex and rapidly changing one. The growth of the American economy and the impovement of our standard of living depend on our ability to produce and compete in the global society. More than ever before, knowledge of basic economics is a prerequisite for a productive and healthy economy. It is also important for understanding major issues that confront this nation.
Economic education helps people understand issues and improves economic decisions.
These decisions are made over a lifetime by people in their roles as citizens, consumers, workers, or producers. Unfortunately, only a fraction of the American population obtains a solid education in economics at the pre-college or college levels. More economics education is needed in this nation.