ERIC Number: EJ927059
Record Type: Journal
Publication Date: 2011
Reference Count: 0
Students, Economics, and the Federal Reserve
Bernanke, Ben S.
Social Education, v75 n2 p73-75 Mar-Apr 2011
Students with an understanding of economics are better equipped to comprehend the forces that influence people's standard of living and overall financial well-being. Broad-based economic literacy supports an environment where students can participate in America's democracy as well-informed and responsible citizens, whose collective actions may contribute to the effective functioning of the economy, leading to growth and prosperity over time. The Federal Reserve System, or "the Fed" as it is commonly called, works to help educators promote financial literacy and economic education. This issue of "Social Education" will provide educators with information on how to access free educational materials for them and their students. The author points out that educators' work is critical to cultivating within students an understanding of economics and the Federal Reserve so that they have the skills and tools necessary to build successful financial futures for themselves and for the nation.
Descriptors: Economics Education, Banking, Consumer Economics, Financial Policy, Finance Occupations, Federal Government, Federal Regulation, Trust Responsibility (Government), Democratic Values, Public Agencies, Money Management
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Elementary Secondary Education
Authoring Institution: N/A