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Economics education

Economics education or economic education is a field within economics that focuses on two main themes:

Economics education is distinct from economics of education, which focuses on the economics of the institution of education. This article discusses the field conceptually, and also provides a general outline of the typical curriculum.

Akarowhe found that Economics Education can be seen as a process, science and product:

Numerous organizations all over the world devote resources toward economics education.

In the United States, organizations whose primary purpose is the advancement of economics education include the Council for Economic Education (CEE) and its network of councils and centers, Federal Reserve Education (FRE), the Foundation for Teaching Economics and Junior Achievement. The U.S. National Center for Research in Economic Education is a resource for research and educational assessment in economics. Among broader U.S. organizations that devote significant resources toward economics education is the Federal Reserve System.

In the United Kingdom there is The Economics Network, a government-funded national project to support economics education in Higher education contexts, and the non-profit Economics & Business Education Association (EBEA) for secondary education. The non-profit organization Rethinking Economics is an international network of students and teachers promoting a change in the economics education towards more critical engagement, pluralism of theories and real-world applicability of the discipline. The movement has gained widespread support, among others by the Bank of England.

On a global scale, especially in Asia and Africa, there is the Global Association of Economics Education (GAEE), a non-profit organization that transforms conventional curricula into free, interactive learning platforms aligning to daily-life and real-world problems.

According to the Ministry of Education and Science of Ukraine, 28.4% of all students receive specialties in the field of economics, trade and business. An attempt to create a Western-style Ukrainian journal called the Ukrainian Economic Review a few years ago ended in failure. The lack of publication of Ukrainian scientists in Western economic journals indicates the seriousness of the problem.

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