State Farm Supports Improved Economics and Financial Literacy Education in California Schools

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A new partnership with Council on Economic Education rolls out the Virtual Economics program to San Francisco- and Los Angeles-area teachers and students.

State Farm, one of the nation’s largest insurance companies, is partnering with Council on Economic Education and California Council on Economic Education to provide comprehensive high school teacher training with the Virtual Economics program.

The program launched in Los Angeles on August 2 at the Flintridge Center in Pasadena and continued in San Francisco on August 8 at the Rosenberg Center.

Virtual Economics features 51 key economic concepts, using the nation’s best practices to engage students in critical life skills, such as: reasoning, economics and personal finance. Teachers will learn to use 1,200 activity-based, classroom-ready lessons to suit the needs of their students at all grade levels. All lessons are aligned with California’s Common Core Standards in Mathematics, Reading, English Language Arts and History/Social Studies.

“Virtual Economics is aligned with State Farm’s mission of giving all children access to a first-rate education through accountability-based education that identifies goals, measures results and promotes collaboration,” said Samona Caldwell, State Farm Public Affairs Specialist. “Improving teacher and student effectiveness in economic reasoning and understanding principles of personal finance education is critical to California’s future success.“

The teacher training in San Francisco and Los Angeles is just the start. Planning is underway to extend the training to CCEE’s new online platform, EconWorks, which provides Virtual Economics and other award-winning curricula to potentially thousands of teachers and hundreds of thousands of students. We intend to make a profound difference in the lives of California teachers and students through this groundbreaking program.”

The workshops and accompanying materials are made available to teachers through the generous support of State Farm and Council on Economic Education.

About State Farm®
State Farm and its affiliates are the largest provider of car insurance in the U.S. and a leading insurer in Canada. In addition to providing auto insurance quotes, they serve 81 million policies and accounts – more than 79 million auto, home, life and health policies in the United States and Canada, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. For more information, please visit http://www.statefarm.com or in Canada http://www.statefarm.ca.

About California Council on Economic Education
For nearly a half-century, California Council on Economic Education, a nonprofit organization, has been dedicated to advancing the economic reasoning and financial literacy of Californians. CCEE prepares students to participate in the global economy by providing educational programs and materials to K–12 teachers. Information about professional development for teachers, workshops, programs and student contests can be found at http://www.ccee.org.

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