Integration of a Financial Literacy Curriculum in a High School Economics Class: Implications of Varying the Input Mix from an Experiment

Andrew Gill and Radha Bhattacharya

Journal of Consumer Affairs, 2015, vol. 49, issue 2, 472-487

Abstract: type="main" xml:id="joca12048-abs-0001"> We taught a mere seven-period financial literacy curriculum to two 12th grade economics classes, where one treatment was Financial Fitness for Life-super-® (FFFL)-intensive and the other was “stock market learning” (SML)-intensive. Two control groups received no financial literacy treatment—an 11th grade group with no exposure to economics and a 12th grade economics class. The 12th grade economics classes, i.e., the two treatment groups and one control group, also worked on identical stock market portfolio assignments that their teachers required independently of our curriculum. In a test of overall financial knowledge, the FFFL-intensive group outscored both control groups and the SML-intensive groups, even on questions that were not taught in our curriculum. We conclude that an FFFL-intensive input mix was beneficial in directly adding to financial knowledge and also in terms of leading to spillovers in such knowledge.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://hdl.handle.net/10.1111/joca.12048 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jconsa:v:49:y:2015:i:2:p:472-487

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-0078

Access Statistics for this article

Journal of Consumer Affairs is currently edited by Sharon Tennyson

More articles in Journal of Consumer Affairs from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().