The Indiana Council for Economic Education (ICEE) has named the Indiana University Northwest Center for Economic Education the best such program in the state.
Officials with the IU Northwest School of Business and Economics represented the Center at a Nov. 3 awards luncheon in Carmel, Ind. The center received two Peter V. Harrington award plaques and a check for $3,500. Those award funds, sponsored by Duke Realty Corporation, will help the Center for Economic Education continue to promote financial literacy in Northwest Indiana. The Center works to train area teachers on how to educate their students about economic and personal-finance matters.
During the past year, the IU Northwest center trained 312 teachers, more than triple the number trained in the previous year.
“Area teachers spent two weeks in a graduate-credit course learning economic and financial principles and how to apply them across k-12 curriculum, as well as several all-day workshops on various other topics,” said John Gibson, director of the IU Northwest center. Gibson emphasized that financial matters are an appropriate and vital topic for Northwest Indiana classrooms. A financially literate workforce, he said, is essential to the Region’s economic well-being.
“It is just as important as language arts, math and science,” Gibson said. “In fact, it can be taught in tandem with these subjects. Economic and financial literacy are some of the most powerful tools we can give our children and communities.”
The Center has fostered extensive teacher/student involvement in various ICEE programs this year, and Gibson noted that four area schools received Indiana Department of Education Economic Education Grants.
The IU Northwest Center for Economic Education is housed in the School of Business and Economics, which is accredited by the prestigious Association to Advance Collegiate Business Programs (AACSB). The Center for Economic Education holds both state and national accreditations with the ICEE and the National Council on Economic Education.
The Harrington awards are presented each year in honor of Peter Harrington, who was the ICEE’s executive director from 1971 to 1997. His commitment and leadership built the ICEE into one of the strongest such organizations in the country.
Indiana has 12 university-based Centers for Economic Education across the state.