Amended by Stats. 1987, Ch. 1452, Sec. 440.
(a)The Superintendent of Public Instruction shall, with the approval of the State Board of Education, plan and develop a one-semester instructional program entitled consumer economics for use in schools maintaining any of grades 7 to 12, inclusive. When completed, the program shall be made available to all school districts and schools with grades 7 to 12, inclusive.
(b)The instructional program shall include, but not be limited to, the following elements:
(1)Fundamentals of banking for personal use.
(2)Elementary contracts.
(3)Consumer guides to purchasing.
(4)Uses and costs of credit.
(5)Types and costs of insurance.
(6)Forms of governmental taxation.