No matter what they grow up to be, our children must be prepared to take control of their economic and financial lives Improving Economic and Financial Literacy in Maryland
What we need to know to make sound economic and financial decisions far exceeds the knowledge that most of us have. Economic and financial illiteracy are widespread problems but they are problems that can be solved through education. In Maryland , the Maryland Council on Economic Education and our division the Maryland Coalition for Financial Literacy are spearheading the effort to eradicate both economic and financial illiteracy.
Our primary strategy is to work through the education system to increase the quantity and improve the quality of economic and financial instruction that is provided in Maryland 's K-12 schools. To pursue our mission, we collaborate with other groups, such as the Maryland State Department of Education, Maryland's 24 local school systems, nonpublic schools, the Federal Reserve Bank of Richmond and its Baltimore office, the Maryland Geographic Alliance, the Maryland Council for the Social Studies, Academies of Finance, and the Foundation for Investor Education, as well as various government agencies, corporations and business trade groups.
What We Offer
• Individualized assistance to develop curriculum that includes economic and financial instruction and to develop assessments to measure learning
• Free teacher workshops and courses to prepare the teachers to teach the content-since 1983, over 35,000 teachers who have taught more than 2 million children have attended our training programs
• Excellent lesson plans and other classroom materials--most free-- for teachers to use
• Programs and seminars for adults and community groups
• The Maryland-DC Stock Market Game™, a poster contest for students in grades 1-8 and the Maryland Economics Challenge competition for high-school students
• Advocacy, through our Maryland Coalition for Financial Literacy division, for a financial education graduation requirement in all of the State's local school system
“The Maryland Council on Economic Education is a dedicated advocate for economic and financial education for Maryland 's students. The Council is committed to providing important support for the development of standards-based economics and personal finance curricula, teacher training programs, and lesson plans for teachers to use in their classrooms. For more than half a century, the Council has been a highly dependable and cooperative partner for Maryland schools.”
Dr. Nancy Grasmick
State Superintendent of Schools
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