Abstract
Economic education (or economics education) focuses on the scholarship of teaching economics. It encompasses the content to be taught, methods of teaching, evaluation of those methods, and information of general interest to teachers of economics in elementary through graduate school. In the United States, the end of World War II sparked the creation of the Joint (now National) Council on Economic Education and in the 1950s the committee on economic education was created by the American Economic Association; both work to advance the teaching of economics within the United States and throughout the rest of the world. Other countries now have similar organizations aimed at increasing the economic literacy of the citizenry. The success of these efforts is mixed, although opinion surveys from North America, Europe and Australia suggest that respondents can identify economic principles in some contexts (e.g., international trade) but not in others (e.g., minimum wage legislation). Rapid depreciation of knowledge gained in economics courses suggests that more than a few courses in economics are required if individuals are to ‘think like economists.’
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