Economics for high school: are we missing the mark?

Prof. Noel de Dios makes a case for revamping economics education at the high school level (link):

In lieu of computing elasticities and slopes of curves, an age-appropriate program for economic and financial literacy ought to deal with more existential questions such as: what young people can expect to earn from careers based on their life-goals, skills, and achievements; why prudent budgeting and prioritization of expenses matters and what it entails; the crucial importance of planning a financial future and the role of saving; the responsible use of borrowing and credit; rules for wise financial investment (including how to avoid getting ripped off); and the various uses and options for insurance (medical, life and accident, retirement).