Economics Department

Center for Economic Education
Steven L. Cobb, Director

The Center for Economic Education is committed to making formal instruction in economics more accessible to the broad community of North Central Texas.

The center directs a professional program of study leading to the Master of Science degree with a major in economics and a support area in economic education. The concentration in economics education is a 36-hour program designed to prepare teachers for economics instruction in secondary schools and community colleges. The course of study is designed in consultation with the director of the center and the graduate adviser for the Department of Economics.

The center also maintains an in-service teacher training program of course offerings regularly scheduled during evening hours and in the summer. This program provides a mechanism for the in-service training of economics teachers in community colleges and secondary and elementary schools.

In addition to its regional instructional programs, the center develops instructional material, conducts research in economics education, maintains an instructional resource center and provides technical assistance in matters pertaining to instruction in economics.

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The Case for Economics Education

As adults, we are called upon to make economics decisions every day of our lives. Yet, according to a survey by the Gallup Organization, American adults and high school students know little about how the American economy works.

While unemployment is the economics issue of most concern to Americans, three out of four do not know the unemployment rate.
Six out of ten do not know the purpose of profits.
Seven out of ten cannot identify the most widely used measure of inflation.
One out of two does not know what a federal deficit is.
Seven out of ten adults report having no economics instruction.
Fewer than half of today's high school seniors have studied economics.
More than eight out of ten rate their knowledge of economics as fair to poor.
More than 98% of those surveyed thought schools should teach more about how the economy works.

The goal of Economics America is to improve and expand the basic economic literacy of students at all educational levels.

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