1. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 History of Economic Education in Georgia Dr. David Martin Executive Director Georgia Council on Economic Education

2. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Beginnings Creation of the Chair of Private Enterprise Junior Achievement Federal Reserve Bank of Atlanta Center for Business & Economic Education, Georgia State University Developmental Economic Education Program

3. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Foundation Georgia Council on Economic Education –Mills B. Lane, C&S National Bank, 1972 Todays Network –12 university-based Centers for Economic Education –117 cooperating public school systems and independent schools

4. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Action in the form of Course Requirements Georgia Board of Education Mandate 1976 Three courses: Principles of Economics/Business/Free Enterprise Personal Finance Career Education

5. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Response in the form of Additional Support Invest-In-America Foundation for Economic Education A-T-O (Figgie International) National Science Foundation local Chambers of Commerce Hugh OBrien Youth Foundation Students in Free Enterprise Agency for Instructional Technology

6. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Response in the form of Additional Support Distributive Education Clubs of America Future Business Leaders of America Future Farmers of America Future Homemakers of America Vocational Industrial Clubs of America Vocational Opportunities Clubs of America

7. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Action in the form of Formal Curriculum Quality Basic Education Act Quality Core Curriculum –economics, personal finance and career education objectives integrated throughout the K-12 curriculum capped by a required high school economics course

8. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Response in the form of Additional Support Georgia Council introduces the Stock Market Game Junior Achievement introduces in- class programs such as Project Business and Applied Economics

9. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Action in the form of State Assessments Iowa Test of Basic Skills –at grades 3, 4, 5, 6, 7, 8 19% to 31% of test items are economics related Georgia High School Graduation Exam –mandated economics course not included End-of-Course Test –implementation delayed

10. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Response in the form of Additional Support Mini-Society ® AP Micro and Macro Economics International Baccalaureate Ag in the Classroom Global Achievers Foundation for Teaching Economics Federal Reserve Bank of Atlanta

11. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Response in the form of Additional Support Georgia Consortium for Personal and Financial Literacy –founded by leaders from the Community Foundation for Greater Atlanta Consumer Credit Counseling Service Federal Reserve Bank of Atlanta Georgia Council on Economic Education Junior Achievement

12. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Economics and Personal Finance

13. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 1976 Mandates Principles of Economics/Business/Free Enterprise Personal Finance Career Education

14. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Principles of Economics Mandate Georgia is one of 14 states requiring students to successfully complete a course in economics in order to graduate from high school.

15. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Demandate Personal Finance and Career Education were demandated prior to full implementation. The reasoning was that these topics should be integrated across the curriculum.

16. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Different Origins Career Education – vocational Economics – liberal arts Personal Finance – Business Education and Family & Consumer Sciences

17. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Dropping the Personal Finance Requirement Opportunity Cost Not a rigorous course Lack of a Champion

18. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Personal Finance Status Today Personal finance objectives infused throughout the QCC (mathematics, social studies, family & consumer sciences, business education, and others) Mandated principles of economics course includes personal finance applications

19. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Personal Finance Status Today Elective personal finance course in the mathematics and business education departments (in some districts a requirement) Personal finance and career education frequently included as middle school exploratory courses

20. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Vision Students leaving school prepared for their economic roles as workers, consumers, and citizens.

21. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Economics is the science of decision making.

22. Georgia Council on Economic Education Summit on Economic and Financial Education Thursday, September 4, 2003 Mission To help teachers teach economics to students in the public and independent schools of Georgia.