Simon Kuznets and John Maynard Keynes did research on the subject of propensity to consume. Kuznets asserted that people do not alter their consumption/saving ratio and spend more when they have more disposable income. Keynes alleged that when disposable income increases, the rate of saving also increases over time because people tend to keep…

The First of a four part series to help bring teachers up to date on the changes taking place in the field of economics. (GB)

Unprecedented growth of the typical American family's resources since World War II have had effects upon life style, personal fulfillment, consumption of goods and services, and freedom of occupational choice. It is suggested that the time may have come for concern with nonmaterial elements that determine the quality of life. For journal…

Examined how expenditure patterns of elderly persons at various income-to-needs levels differ from those of younger mature adults at similar income-to-needs levels. Assessed patterns of spending in a variety of areas within three domains: giving, recreation, and essentials. Age and income exerted an effect on spending. (RJM)

This teacher's guide, one of a series on personal economics, is a refinement of a course of study in personal economics prepared for the Fairfield School, Lancaster, Ohio. An introduction describes the structure of personal economics by offering a definition, discussing the ideas and concepts involved, and setting out a process for analyzing…

The textbook is intended for use in college methods classes in business education and is a practical how-to-do-it guide containing many examples, illustrations, and techniques adapted from actual classroom observations and experience providing variety, socialization, discussion, and problem solving in the classroom. The text is based on the…

The booklet explores various roles which money has played throughout history and examines the relationship between money and the Federal Reserve System. The major objective is to increase understanding of the performance of various functions such as making money work as a medium of exchange and as a measure of value and of storing value for future…

This guide is intended to assist curriculum planners and classroom teachers in designing and implementing personal finance instruction to meet a variety of student needs, interests, and abilities. It is organized under five concept areas: employment and income, money management, credit, purchase of goods and services, and rights and…

The purpose of this high school consumer education course is to make the student sware of his place in the economic system. This is achieved through the attainment of certain goals: 1) an understanding of the American economic system; 2) the function of money and banking; 3) a consideration of various types of insurance; 4) an identification of…

In 1967, the State Education Department published "Consumer Education--Materials for an Elective Course." This material has since been introduced into more than 500 of the New York State high schools. As a result of the interest in Consumer Education in the State and Nation, the Department has begun the preparation of a series of…

This document reports some of the findings of a national assessment of seventeen-year-olds on consumer knowledge, skills, and attitudes. An introduction describes the development of the survey, the probability sample, the administration of the assessment, and the format for reporting the results. Chapter 1 of five chapters summarizes the responses…

This unit utilizes an interdisciplinary approach to economics education for children in middle school. The focus is on consumer awareness and there are four sections of learning activities and suggestions, one for each of the core disciplines: language arts, social studies, science, and math. The unit gives students experiences with concepts…

These proceedings contain presentations, discussants' remarks, roundtable discussions, and papers from poster sessions and panels. Selected titles of particular relevance to the field of education are: "Factors Affecting the Probability of Accepting a Retirement Incentive: Evidence to Support Retirement Planning Education" (Hogarth);…

This document is intended as a tool to help teachers develop a competency-based consumer education curriculum. It first briefly discusses the need for a competency-based approach over a K-14 continuum. The major portion of the document then consists of lists of competencies on a K-14 continuum that are nonsubject specific. They are categorized…

The guide for secondary teachers, a new interdisciplinary approach integrating macroeconomic and microeconomic concepts with home economic courses, is divided into two major parts: Part I, "Teaching Personal Economics in the Home Economics Curriculum," written by a group of specialists, stresses consumer behavior in four units on clothing,…