The Utah State Board of Education has released updated General Financial Literacy Standards and Objectives for a 20-day public review.
Two new standards have been added to Strand 1:
1.1.6 Understand the law of supply and demand as a major economic force.
1.1.7 Understand that the study of economics is a social science and personal finance is a subset of that social science.
View the General Financial Literacy Standards to understand the addition in context.
The General Financial Literacy course for juniors and seniors encompasses standards that are essential to the development of basic financial literacy. Students will gain the information and skills to implement a life-long plan for financial success.
To provide comments on the additional standards, contact Dawn Stevenson at firstname.lastname@example.org or 801-538-7851.