Press Releases

Finalists Announced for the 2013 National Economics Challenge

Eight high school teams have earned a trip to New York City to compete for cash prizes and academic recognition in the 13th Annual National Economics Challenge. The eight teams won both state and Semi-Finals competitions in their respective divisions, defeating over 10,000 students from 40 states to advance to the Finals.

The Challenge offers students two levels of competition on the basis of their course enrollment. Students enrolled in advanced placement, international baccalaureate and honors economics courses entered the Adam Smith Division, and students enrolled in single semester general economics classes competed in the David Ricardo Division.

The Finalist teams are:

DAVID RICARDO DIVISION (single semester general economics students)

  • Carmel High School, Carmel, Indiana
  • Lexington High School, Lexington, Massachusetts
  • Little Falls Community High School, Little Falls, Minnesota
  • Olympia High School, Olympia, Washington

ADAM SMITH DIVISION (AP, IB and honors students)

  • Choate Rosemary Hall, Wallingford, Connecticut
  • Iolani School, Honolulu, Hawai’i
  • Mounds View High School, Arden Hills, Minnesota
  • Richard Montgomery High School, Rockville, Maryland

Teams will compete Saturday, May 18 in three written tests and one critical thinking round to answer questions on complex economic concepts and theories involving micro- and macroeconomics, international economics and current events.  The National Economics Challenge Finals culminates in a quiz-bowl round Sunday, May 19 at the WNET Tisch Studios at Lincoln Center in New York City. The event will be broadcast live, and you can watch on the CEE’s Facebook page.

Students across the country participate in the state and Semi-Final rounds of the National Economics Challenge:

2013 nec finalist teams Finalists Announced for the 2013 National Economics Challenge

POSTED: May 1, 2013 | BY: admin | TAGS: , , , ,

Council for Economic Education Introduces K-12 National Standards for Financial Literacy

The Council for Economic Education (CEE) is pleased to introduce the National Standards for Financial Literacy, a framework for the body of knowledge and skills that should be contained in a K-12 personal finance curriculum. Developed by a team of experienced and talented economists, education specialists at Federal Reserve banks, and financial education researchers, the National Standards for Financial Literacy raise the bar for financial literacy education.

The standards contain the six areas of knowledge and understanding that are fundamental to personal finance: Earning Income; Buying Goods and Services; Using Credit; Saving; Financial Investing; and Protecting and Insuring.  Each standard emphasizes decision-making skills by explicitly relating planning and goal setting, financial decision-making, and assessing outcomes to each standard. Through the standards, students learn how their personal situations and preferences affect their financial decision making, while beginning to understand the trade-offs inherent in every choice they make.  In the end, more informed choices lead to better choices as well as greater satisfaction with the choices that are made. Read more…

POSTED: April 16, 2013 | BY: admin | TAGS: , , , , , , , , , , ,

Video Contest for Teachers: What is your most creative idea for implementing personal finance into the classroom?

Calling all K-12 classroom teachers! Enter our video contest for a chance to win $1,000 and one complimentary registration to our annual conference. CEE will conduct an online video contest during the 2013 Financial Literacy Month (April 1- 30).

Teachers: What is your most creative idea for implementing personal finance into the classroom?

During Financial Literacy Month (FLM), when CEE raises awareness for the importance of financial literacy education, we’re looking for creative ideas from K-12 teachers on how you incorporate these concepts in the classroom. You should record yourself explaining or demonstrating (in 30 seconds or less) a specific lesson, activity or project. Think of this as an ‘elevator pitch’ for your best lesson, original idea or creative spin on an existing concept.

Need inspiration? Watch CEE’s Doug Young as he uses the board game ‘Look Out Wall Street!‘ to teach the bulls and bears of personal finance.

dougs tip video Video Contest for Teachers: What is your most creative idea for implementing personal finance into the classroom?

Submit your video(s) beginning April 1 at 9:00am EST through Sunday, April 14 at 11:59pm EST.

Public voting for entries begins Tuesday, April 16 at 9:00am EST and ends Monday, April 29 at 11:59pm EST.

Two ‘Grand Prizes’ will be awarded on April 30, and all videos will be featured on CEE’s websites and Facebook pages.

Grand Prize: Viewers’ Choice:
The winner of the Viewers’ Choice award will receive a $1,000 American Express gift card for classroom use and one complimentary registration ($125 value) to CEE’s 52nd Annual Financial Literacy and Economic Education Conference in Baltimore, MD in October.

Grand Prize: CEE’s Choice:
The winner of the CEE’s Choice award will receive a $1,000 American Express gift card for classroom use and one complimentary registration ($125 value) to CEE’s 52nd Annual Financial Literacy and Economic Education Conference in Baltimore, MD in October.

Start prepping your videos today, and you’ll be ready to enter when the contest opens April 1. Read the complete rules and guidelines on our Facebook page.

Good luck. We look forward to watching your tips and tricks for teaching financial literacy!

POSTED: March 26, 2013 | BY: admin | TAGS: , , , , , ,

State Treasurer’s Financial Literacy Measure Passes Mississippi House by a Landslide

A legislative measure that would teach your children how to budget and save is one step closer to becoming a reality in Mississippi. House Bill 637, a measure being promoted by state Treasurer Lynn Fitch, sailed through the House chamber last week with strong support by a vote of 118-1.  It now heads to the Senate for approval.

“Teaching the ins and outs of managing money is a very powerful gift to give a young person,” said Treasurer Fitch. This bill would make sure all Mississippi high school students graduate knowing how to write checks and budget, the risks and benefits of saving and investing, the difference between gross and net income and other aspects of financial literacy. Read more…

POSTED: February 20, 2013 | BY: admin | TAGS: , , , ,

Chicago Public Schools Kick Off New Semester with New Personal Finance Curriculum Developed by the Council for Economic Education

Capstone Course of Financial Literacy Framework Equips Students With Necessary Real-World Skills

For many years, Illinois has placed a high priority on the financial literacy of its students, as one of the first states to implement rigorous economic and personal finance standards. This semester, its largest city continues to raise the bar for school systems nationwide: Chicago Public Schools (CPS) introduces a dedicated personal finance course for 12th-graders with resources developed by the Council for Economic Education (CEE). Read more…

POSTED: January 14, 2013 | BY: admin | TAGS: , , , , , , , , , ,

High school teachers can win a free Learning, Earning and Investing for a New Generation from H&R Block Dollars & Sense

As teachers, you know personal finance skills are critical to your students’ future success, but educating them in a way that is as intriguing as texting and gaming can be a challenge.

H&R Block Dollars & Sense, which provides personal finance curriculum and scholarships to high schools nationwide, has partnered with CEE to bring additional financial education resources to teachers across America, powered by Gen i Revolution, an online game that provides a fun and motivating learning environment for students. Read more…

POSTED: November 2, 2012 | BY: admin | TAGS: , , , , , ,

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