Economics & Personal Finance
Credit Accommodations Available for Personal Living and Finances Course – see Superintendent’s Memo #011-14. These credit accommodations include augmenting the Personal Living and Finances course (state course code 3120) by including the 21 Workplace Readiness Skills (WRS) for the Commonwealth. Students with Individualized Education Programs (IEPs) and 504 Plans will have the opportunity to use the revised course to meet the Economics and Personal Finance graduation requirement if the student has earned at least three (3) standard credits in history and social science.
Economics and Personal Finance Online Course Hosting – see Superintendent's Memo #136-12. VDOE is offering an additional option for school divisions that want to offer the Economics and Personal Finance online course previously announced in Superintendent’s Memo No. 068-12. School divisions may choose to facilitate the course with a locally assigned teacher within Virtual Virginia’s learning management system at no cost. Virtual Virginia will provide training for division teachers in August.
Instruction in economics and personal finance prepares students to function effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and how the United States’ economy is interconnected with the global economy. On a personal level, students learn that their own human capital (knowledge and skills) is their most valuable resource.
Beginning with students entering ninth grade in fall 2011, one standard unit of credit in Economics and Personal Finance is required for graduation with a Standard or Advanced Studies Diploma. Students may earn this credit by successfully completing the course at any time during their high school career. Students with disabilities seeking a Modified Standard Diploma may use the course to satisfy one of the three required mathematics credits.
Videos for Teachers
In order to ensure that teachers of history/social science, career and technical education and mathematics have access to instruction in the Economics Education & Financial Literacy content areas, VDOE has produced a series of videos for Teachers.
These courses are part of the Banking Services, Insurance and Securities & Investments Pathways in the Finance Career Cluster.