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

Martins, João and Veiga, Linda, (2020). Undergraduate students' economic literacy, knowledge of the country's economic performance and opinions regarding appropriate economic policies. International Journal of Education Economics and Development, 11(4), 351-369

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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 International Journal of Education Economics and Development
    Volume 11
    Issue No. 4
    Publication Date 2020-07
    Place of Publication Geneva
    Publisher Inderscience Enterprises Ltd.
    Start page 351
    End page 369
    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; 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 policies
    Copyright Holder Inderscience Enterprises Ltd.
    Copyright Year 2020
    Copyright type All rights reserved
    ISSN 1759-5681
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    Created: Wed, 10 Aug 2022, 23:10:03 JST by Mario Peixoto on behalf of UNU EGOV