The discourse of economic literacy has influenced high school economics instruction for decades. Using Foucauldian genealogy, this study examined the events and circumstances which allowed that discourse to emerge. By mapping the relationships in the discourse through the economic literacy, it is possible to examine the mechanisms and rules which…

Most salient financial literacy frameworks and curricula mainly focus on teaching and learning of simple money management. However, the financial demands placed on individuals today include much more complicated matters, such as buying a home and saving for retirement. Furthermore, financial literacy gives rise to normative questions such as what…

Knowledge of financial literacy, including Islamic financial literacy which has been widely used in various financial products, intersects with several domain areas in mathematical concepts, especially in basic arithmetic which requires students to perform basic calculations before making the right financial decisions. This research aims to…

This is the fourth annual evaluation report for the Sorted in Schools, Te whai hua -- kia ora programme, a financial literacy programme for secondary school students and akonga, led by Te Ara Ahunga Ora Retirement Commission. In 2023, the evaluation focused on collecting data about key programme goals and reporting on the proportion of schools and…

In 2012, the Central Bank of Uruguay initiated an Economic and Financial Education Programme, BCUeduca. Its objective is to contribute to an informed citizenry by offering workshops designed for teachers and students, journalists, families and workers from all over the country, trade union leaders, retired people, female prisoners and personnel…

The current study investigated adolescents' (N = 213) decision finding processes and affective reactions to interactions on social media "via" 29 focus groups. As part of a larger study, adolescents participated in focus groups at two time-points across an academic year while participating in a school-based intervention promoting healthy…

Financial literacy is a competence that extends to many aspects of everyday life. The Great Recession has recently highlighted its relevance and the importance of financial literacy training in the school curricula. The authors use PISA 2015 data to investigate the link between financial education and young people's financial literacy across 15…

Economic literacy is critical for success in one's career and life. Such literacy has never been more relevant than today due to supply-chain issues causing product shortages, surging inflation, and rising interest rates. Discovery learning through active learning materials discussed in this article were employed with fifth and sixth-grade…

The purpose of this article is to explain the construction of, and potential uses of, a conceptual framework for financial literacy education that has been constructed upon key information drawn from literature reviews of financial literacy education as presented in countries with developed or developing policies and practice in the area. The…

This article proposes an in-depth mathematics analysis of simple and compound interest through an exploration of the mathematical structures underlying these concepts. Financial numeracy concepts (simple and compound interest, interest rates, interest period, present and future value, etc.) have been added to the mathematics curriculum of the…

First-generation college students often experience disproportionate levels of stress, anxiety, and an overall lack of preparation for undergraduate education in comparison to their multigenerational peers. This can include differing levels of financial support and literacy. These differences can have a significant impact on these students' levels…

Financial literacy education is often narrowly conceptualized as teaching students how to manage their finances. Furthermore, few studies have investigated teachers' beliefs and approaches to teaching financial literacy beyond whether they have the knowledge and capacity to deliver personal finance lessons. This case study explores the ways in…

This paper studies how students' financial literacy affects their perceptions of returns to schooling and consequently their schooling decisions. We first propose a model of human capital accumulation where financially illiterate students exhibit a cognitive bias of "ironing heuristic." With this decision heuristic, students tend to…

Nowadays, individuals are expected to be literate in different areas. Mathematical literacy and financial literacy are among them. Mathematical literacy has been evaluated in PISA since 2000 while financial literacy has been included in PISA since 2012. Based on the idea that there is a close relationship between these literacies, in this study…

The aim of this study is to investigate the presence of DIF over the gender variable with the latent class modeling approach. The data were collected from 953 students who participated in the PISA 2018 8th-grade financial literacy assessment in the USA. Latent Class Analysis (LCA) approach was used to identify the latent classes, and the data fit…