Council for Economic Education Hosts 51st Annual Conference in Kansas City

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Announces Common Core Alignment Initiative and New Voluntary Personal Finance Standards

This week, the Council for Economic Education (CEE), hosts the 51st Annual National Financial Literacy and Economic Education Conference. Held in Kansas City, MO October 4 – 6, more than 500 educators, industry thought-leaders and Federal Reserve partners have convened to address the most important issues and obstacles and honor excellence in financial and economic education. Among the highlights of this year’s conference are the introduction of a new Common Core alignment initiative and new K-12 Voluntary Personal Finance Standards, furthering the CEE’s mission of strengthening the economic and financial education of students from kindergarten through high school.

During the Opening Plenary Session Thursday October 4, with keynote speaker Troy Davig, Senior VP & Director of Research, Federal Reserve Bank of Kansas City, CEE will introduce the Voluntary National Content Standards in K-12 Personal Finance, providing a framework for teaching personal finance in kindergarten through 12th grade. The standards contain the areas of knowledge and understanding that are fundamental to personal finance: Earning Income, Buying Goods and Services, Using Credit, Saving, Financial Investing, and Protecting and Insuring, each of which include benchmarks outlining what a student should be able to understand and examples at the 4th, 8th and 12th grade levels.

Friday, October 5, Doug Sovde, Director, PARCC Instructional Supports & Educator Engagement discusses Common Core: What It Means for Financial Literacy and Economics, announcing a new initiative to align resources in economics and personal finance to the Common Core State Standards (CCSS) in mathematics and English Language Arts. The CCSS were established to bring some uniformity to the varied state curricula, and is one of the most significant forces driving K-12 education today. But while adoption has been widespread, teachers are struggling with implementation. As a solution, CEE has proposed developing an easy-to-use tool that easily connects teachers to high-quality lessons in economics and personal finance that will help them to meet the standards laid out in the CCSS.

Also of note at this year’s Conference is the launch of an interactive Survey of the States based on CEE’s 2011 Survey of the States report documenting the state of economic and personal financial education in all 50 states and the District of Columbia. Now, CEE has created a digital resource taking users on a visual, interactive journey, walking them through the cost of financial illiteracy, the current state of financial and economic education, along with its benefits and the challenge of implementing it, and finally, how to take action. Visit to explore the interactive Survey of the States, and click here to view the 2-minute teaser video.

This Friday, CEE will also recognize the winners of the John Morton Excellence in the Teaching of Economics Awards: Elementary, Kathy Heyse, Sun Valley Elementary School, Monroe, NC; Middle School Level, Timothy Hopfensperger, Tullar Elementary School, Neenah, WI; and at the High School Level, Michael Melvin, Starr’s Mill High School, Fayetteville, GA. For more details on their accomplishments visit the CEE website.

About the National Financial Literacy and Economic Education Conference

The Council for Economic Education’s Conference is a nationwide annual gathering of educators including K-12 teachers, college and university professors and Federal Reserve partners. In 2012 more than 500 top economic educators and industry thought-leaders will attend, including 240 classroom teachers from 38 states.

The conference features a diverse selection of presentations, workshops and events to enable educators to raise the levels of economic and financial literacy among K-12 students. It also features the latest in curriculum development, instructional materials, teaching strategies, new programs and best practices; and professional development workshops and sessions for K-12 teachers.

About the Council for Economic Education

The Council for Economic Education (CEE) is the leading organization in the United States that focuses on the economic and financial education of students from kindergarten through high school. For the past 60 years, our mission has been to instill in young people the fourth “R”—a real-world understanding of economics and personal finance. It is only by acquiring economic and financial literacy that children can learn that there are better options for a life well lived, will be able to see opportunity on their horizon line and, ultimately, can grow into successful and productive adults capable of making informed and responsible decisions.

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Alicia Sellitti

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