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.