Assessing Economic Literacy of Indian MBA Students
Rajindar K. Koshal,
Ashok K. Gupta,
Anita Goyal and
Vimal Navin Choudhary Additional contact information Rajindar K. Koshal: Ohio University
Ashok K. Gupta: Ohio University
Anita Goyal: Management Development Institute
Vimal Navin Choudhary: Lal Bahadur Shastri Institute of Management and Technology
Abstract:
Acquiring economic literacy is not only important so that citizens may hold politicians accountable, ensuring a vibrant and effective democratic system, it is also necessary for business managers in order to attain effective organizational performance and compete in the complex global markets. Using a sample of 494 students, this study assesses the economic literacy of Indian MBA students. Several areas of alarming deficiencies are observed. Factors that influence the level of economic literacy are also investigated.