Undergraduate students' economic literacy, knowledge of the country’s economic performance and opinions regarding appropriate economic policies

Martins, João and Veiga, Linda, (2019). Undergraduate students' economic literacy, knowledge of the country’s economic performance and opinions regarding appropriate economic policies. NIPE Working Paper, 1-31

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  • Sub-type Journal article
    Author Martins, João
    Veiga, Linda
    Title Undergraduate students' economic literacy, knowledge of the country’s economic performance and opinions regarding appropriate economic policies
    Appearing in NIPE Working Paper
    Publication Date 2019
    Place of Publication Braga
    Publisher Universidade do Minho
    Start page 1
    End page 31
    Language eng
    Abstract Based on a survey of more than 400 students at the University of Minho in Portugal, we analyse the relationship of (1) basic economic literacy, (2) knowledge of the country’s economic performance, and (3) opinions regarding appropriate economic policies, with previous economic training, and other socioeconomic variables. The results clearly show that economic training has a positive influence on students’ economic literacy and knowledge of the country’s current economic data and conditions. It also influences their assessment of how economic policy should be conducted. We argue that more training in Economics, both at the high school and university levels, is necessary to improve citizens’ knowledge for making personal and social decisions on economic issues. This recommendation is particularly relevant for countries that recently underwent deep economic crises.
    Keyword Economic literacy
    Economic performance
    Economic policies
    Copyright Holder The Authors
    Copyright Year 2019
    Copyright type Creative commons
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    Created: Thu, 28 Apr 2022, 23:26:56 JST by Mario Peixoto on behalf of UNU EGOV