This study was undertaken in 1966 to determine the extent of K-12 economic education in the public schools of California and the college training of the economic teachers. The objective was to develop constructive recommendations in areas where the programs need strengthening. All elementary and secondary school districts were surveyed. Forty percent of the elementary schools offered students units of economics. Only 41 percent of the schools provided some inservice training in economics for elementary teachers. Forty-seven percent of the elementary teachers had no college training in economics, and 56% had less than three semester units of college economics. Less than one-third of the high schools reported they offered a grade 12 economics course. Over 91% of the high school seniors in the state do not take a senior level economics course. Separate economics courses below grade 12 level were offered by only 16 percent of the schools. High school economics teachers have had little or no training in economics. Conclusions indicated that California schools need to expand economics courses and offer many institutes in economics for teachers. An outline of the kind of teacher training recommended is provided. (Author/RM)