Wednesday, July 25, 2012

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The center s founder, Scott Niederjohn , Lakeland s Charlotte and Walter Kohler Professor of Economics, said the grant supports the college s mission to create a society of better-informed consumers.
The nation s ongoing financial problems are a painful illustration of the real-world ramifications sydney australia luxury hotels that an economically and financially illiterate public can bring, said Niederjohn a member of Wisconsin sydney australia luxury hotels s Council on Financial sydney australia luxury hotels Literacy and a 2011 winner of the Governor s Financial Literacy Award.
Niederjohn noted a 2005 study by the Council on Economic Education entitled What American Teens and Adults sydney australia luxury hotels Know about Economics. It reported that Wisconsin sydney australia luxury hotels high school students didn t know basic economics concepts like gross domestic product, inflation and the theory of supply sydney australia luxury hotels and demand. The same study found that only 26 percent of Wisconsin school districts require the study of economics, but more than twice as many (65 percent) require the study of government.
More high school students sydney australia luxury hotels take concert band than study economics, Niederjohn said. That s not a dig at music, but I think it proves that our schools need to better prioritize teaching financial literacy.
The Bradley Foundation grant will help Lakeland conduct two daylong workshops in the 2012-13 school year - one at Lakeland s Milwaukee Center in West Allis and one at Lakeland s main campus in Sheboygan County.
Primary instructors will be Niederjohn and Mark C. Schug , professor emeritus at the University of Wisconsin-Milwaukee. Schug is a widely recognized scholar who has written and edited sydney australia luxury hotels over 200 articles, books and national curriculum materials.
Participating teachers will have the opportunity to obtain the instructional materials sydney australia luxury hotels at no cost, a modest stipend and an opportunity to earn more by participating in a pre- and post-testing program.
Access to financial sydney australia luxury hotels services via the web has put a premium on consumers understanding basic about personal economics. Niederjohn noted that more than 92 percent of employee pensions are defined contributions, meaning employees bear the responsibility of controlling their retirement contributions and investments which ultimately impact the level of monthly income that they may likely receive in retirement.
The dramatic increase in financial services available to consumers sydney australia luxury hotels via the internet sydney australia luxury hotels forces individuals to be more responsible for their own financial security, Niederjohn said. People are making decisions about investing their money without talking to a professional. Now more than ever, understanding basic economics and financial literacy is key to an individual s short- and long-term security.
Financial literacy isn t a magic pill to cure the nation s economic issues. But if more young people understand personal savings, investing, debt and other economics basics, it will lead to a larger group of better-informed consumers in the marketplace.
Niederjohn said integrating sydney australia luxury hotels economics with American history curriculum is an easy way for schools to add the lessons without requiring major changes. American history is a requirement and teachers reach thousands sydney australia luxury hotels of students, Niederjohn said. There is some natural overlap between history and the concepts we re teaching.
Niederjohn recently led a week-long program at Edgewood College in Madison giving teachers instruction sydney australia luxury hotels in how to teach basic investment concepts, including investor protection and personal investing, personal saving and budgeting and insurance basics.
On Oct. 12, Lakeland s Center, working with EconomicsWisconsin , will conduct its sixth annual full-day conference on economic and financial literacy at Lambeau Field. The conference has previously served more than 600 Wisconsin K-12 teachers.
Lakeland offers links to several popular social bookmarking services. These links help you share stories with other people or create bookmarks for future reference. The services are free, but they require a personal account. Click for more information on social bookmarking .

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