This is a comprehensive review of literature related to K-12 economics curriculum spanning 20 years, from 1998-2018. The search for literature revealed 18 articles and book chapters in peer-reviewed journals and volumes related to social studies and economics education. The study revealed several trends and issues related to K-12 economics…

The College, Career, and Civic Life (C3) Framework from the National Council for Social Studies (NCSS) features an inquiry approach to teaching K-12 social studies in which social studies standards are organized into an "inquiry arc." Inquiry in elementary economics is often underused in practice (Laney 2001). This study describes how a…

This article concerns textbook analysis regarding the presentation of socialism in four leading high school social studies books, one in each of the following subjects: United States history, world history, United States government, and economics. Findings indicate that students relying on these texts to gain understanding of socialism and…

The issues surrounding the federal budget, national debt, and budget deficit are complex, but not beyond the reach of young students. This study finds scant treatment of the federal budget, national debt, and budget deficit in high schools today. It is hardly surprising that high school teachers spend so little time discussing these topics in…

Study showed that experience-based economic education at the high school level, as opposed to the traditionally watered-down approach, results in the transfer of economic reasoning/thinking to everyday decision making. (RM)

Research in secondary economics education since 1966 shows an increased emphasis on international trade and finance, decreased emphasis on labor and industrial relations, and low priority given to concepts of opportunity cost and scarcity. Findings from three surveys of economics education, made in 1966, 1975, and 1981, are compared. (AM)

Presents study results of how children reason about international trade. Explains that open ended questions were posed to students in grades 1-11 asking why nations trade, the benefits of trade, and their understanding of barriers to trade. Concludes that teaching fundamentals of international trade can be introduced as early as grade six. (DK)

Presents results of a study to determine the effectiveness of the Stock Market Game in contributing to students' learning about financial markets. Suggests that the biggest advantage of the game it its ability to motivate students. Includes the test that was used by the study to determine how much the students had learned. (DK)

Reports on a comparative study of two fifth-grade classes (Louisville, Kentucky) whose members learned economic principles through the establishment of a classroom grocery store. Provides a review of the literature relating to economic education and simulations, discusses the actual classroom instruction, and describes the instrument used to…

This article describes the Youth Enterprise Academy (YEA), a program developed at the University of Wisconsin-Milwaukee Center for Economic Education through the partnership for a private foundation, the state government, a private not-for-profit organization, and the local public schools. The YEA is designed to improve the financial and economic…

Asserts that economics education is a desirable goal for the elementary curriculum because elementary students can learn and understand economic concepts. Reviews four "Teaching-Learning Principles" based on empirical research about learning effectiveness. Applies these principles to economic concepts such as scarcity, cost-benefit analysis, and…

Interviews Wisconsin high school economics teachers, cited for their teaching excellence, to discover methods used to correct students' misconceptions about economics. Covers opportunity cost, supply and demand, money creation, and gross national product. Finds teachers were adept at using germane examples, showed more confidence teaching…