ERIC Number: ED317460
Record Type: Non-Journal
Publication Date: 1989-Apr
Reference Count: N/A
A Capital Course: Teaching Economics in Vocational Education. A VES Monograph.
McElhinney, Kerry R.; Pershing, James A.
The lack of economics literacy is a serious problem in the United States. Today, public school students are taught little if any economics and score very poorly on economics literacy tests, with the average test score being 40 percent. This absence of economic understanding hurts the economy in the following ways: (1) economically illiterate workers are not as productive, (2) decline in productivity causes an increase in the price of goods and services, (3) states have difficulty retaining employers and attracting new ones, and (4) economic illiterates do not make educated citizens since they cannot make informed choices. Economics education must be incorporated into all levels and types of education, especially vocational education, in order to produce a quality workforce. Individual citizens must be capable of making informed decisions in order to direct the country's economy and way of life. Employers now seek workers with more than simple job-specific skills. Workers need a basic understanding of economic processes, as well as the skills necessary to make sound, rational decisions on a variety of topics. There is a natural link between economics education and vocational education, particularly in teaching about work and career related issues and business competitiveness. Economics education must be made interesting to students in order to be successful, and a variety of methods can be used to incorporate it into the curriculum. Economics education must go beyond rote learning and develop thought processes and teach people with job skills to be flexible and to have communication and problem solving skills. (AS)
Descriptors: Basic Business Education, Citizenship Education, Consumer Education, Critical Thinking, Decision Making, Economics, Economics Education, Efficiency, Employment Qualifications, Job Skills, Productivity, Public Schools, Secondary Education, Secondary School Curriculum, Vocational Education
Publication Type: Information Analyses; Guides - Non-Classroom
Education Level: N/A
Audience: Teachers; Practitioners
Authoring Institution: Indiana Univ., Bloomington. Vocational Education Services.
Identifiers - Location: Indiana