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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Article
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Sub-type Journal article Author Martins, João
Veiga, LindaTitle 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 policiesCopyright Holder The Authors Copyright Year 2019 Copyright type Creative commons -
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