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Fritzie -

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Should basic economics now be a required subject in high school and/or college?

For at least a couple of generations, high school students in the United States have been required to take a course in Government. Universities often require a course in American History and Institutions as well.
Part of the justification for this requirement is that one role of education is to prepare all young people to engage in civic life in an educated and active way.
Economics, however, has not been a requirement thus far at any level.
Has the time come for economic literacy to become a priority and requirement either in high school or at university or both?
I come to this question because there are so many issues that concerned citizens can understand and assist constructively in solving if they have an understanding of basic economics and would have much less leverage to contribute productively if they don't.

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    Aug 5 2012: I feel that implementing some sort of general education requirement for understanding the basics of economics/human exchange would be especially wise considering the prevalence of economic discussion within American 21st century politics. Economic education is now, more than ever, a requisite for an informed electorate if for no reason other than many contemporary politicians focus on fiscal matters more than any other. With two years of high school government and civics classes as my only evidence, I feel like government and the economy are inexorably intertwined. A perfect example being politicians like senator Ron Johnson and governor Scott Walker (I'm from Wisconsin), each selling their positions to the Wisconsin electorate as relatively inexperienced politicians seeking to run government like a business, with profit being a primary concern.

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