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Economics and Personal Finance Standards of Learning Approved: November 17, 2009, Students need a strong foundation in economics and personal finance to function effectively as consumers, workers,
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Economics is the study of how individuals, businesses, and governments allocate resources to fulfill their wants and needs. Personal finance is the management of an individual's financial resources.
High school students may be required to take economics and personal finance courses as part of their curriculum.
Economics and personal finance courses typically involve learning about economic principles, budgeting, saving, investing, and other financial topics.
The purpose of economics and personal finance education is to help individuals make informed decisions about their personal finances and understand how economic systems work.
Students may be required to complete assignments, exams, and projects related to economic principles and personal finance concepts.
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