Media & Articles

George Vredeveld, director of the Economics Center for Education and Research at the University of Cincinnati, received the 2009 John C. Schramm Leadership Award Oct. 8 in Washington.

The award from the National Association of Economic Educators annually recognizes an individual whose leadership has had an extraordinary, positive impact on economic education. Vredeveld has been a longtime association leader and has served as its president and representative on the Council Board of Directors.

Ohio will be among 16 states to lose elementary and high school students over the next eight years, the National Center for Education Statistics predicts.

The federal agency each year releases education data and predictions, based on surveys, population patterns and other demographic changes. Policy makers, from legislators to school district treasurers, use such numbers to make decisions about districts and schools.

INDIAN HILL – Three Cincinnati Country Day Middle School eighth-graders, who called themselves Triple Threat, turned out to be the real deal, winning the fall session of the Stock Market Game, sponsored twice yearly by the Economic Center for Education and Research at the University of Cincinnati. Lauren Wiley of West Chester, Carter McMaster of Milford and Ashley Streit of Indian Hill, turned a mythical investment of $100,000 into $118,618.24 by the end of the 10-week game.

Many of more than 100,000 unemployed people in the Cincinnati metropolitan area will return to their old jobs as the economy improves. However, some will find that their old jobs have been permanently eliminated. This is one result of a recession. Recessions lead to structural changes within organizations that go well beyond pruning of expenses. One advantage of structural change is that businesses become more productive and competitive. At the same time, the changes extend the length of unemployment for many people and increase the costs they incur due to the recession.