Second Regular Session
Sixty-first General Assembly
LLS NO. R980815.01 LAG
STATE OF COLORADO
BY SENATOR BLICKENSDERFER;
also REPRESENTATIVE SCHAUER.
SENATE JOINT RESOLUTION 98-030
REGARDING ECONOMIC EDUCATION.
WHEREAS, According to a recent Gallup poll, the American
public, high school seniors, and college seniors show widespread
ignorance of basic economics that is necessary for understanding
national and world events and changes in the national economy;
and
WHEREAS, When asked questions about current economic
issues and personal finance, only 35 percent of high school seniors,
39 percent of the general public, and 51 percent of college seniors
gave correct answers; and
WHEREAS, This lack of understanding of basic economic
concepts comes at a time when economics pervades issues of public
policy debates such as the budget deficit and health care reform;
and
WHEREAS, Economic education provides a vital framework
within which to make personal economic decisions, to analyze current
issues and public policies, and to understand the complex relationships
among economic, political, and cultural systems; and
WHEREAS, The Colorado model content standards for
economics, drafted pursuant to sections 227405, 227406,
and 227407, Colorado Revised Statutes, outline the
goal for students, by the time they graduate from high school,
to understand economics well enough to make reasoned judgments
about both personal economic questions and broader questions of
economic policy in a complex and changing world; and
WHEREAS, Students specifically need an understanding
of basic economic concepts in order to become competent decisionmakers
throughout their lives, effective participants in an international
economy, productive members of the work force, and responsible
citizens; and
WHEREAS, For students to achieve the levels of understanding
outlined in the economic standards, it is necessary to include
the core economic concepts within Kindergarten through twelfth
grade education, social studies curriculum, and particularly in
the context of history, geography, and civics; now, therefore,
Be It Resolved by the Senate of the Sixtyfirst
General Assembly of the State of Colorado, the House of Representatives
concurring herein:
That the study of economics be recognized as an essential
subject in the education of Kindergarten through twelfth grade
students to help raise the quality of economic education in America's
schools so that students can fully and effectively participate
in the complex global economy they will inherit.
Be It Further Resolved, That the Colorado General Assembly urges the state Board of Education to approve model content standards for economics as soon as possible so that students can be better informed consumers, savers, producers, investors, and citizens.