From financial education to economic education for citizenship

Anna Emilia Berti

Chapter 3 in Financial Education and Risk Literacy, 2021, pp 48-59 from Edward Elgar Publishing

Abstract: This paper presents criticisms that have been addressed to the OECD definition of FE from two main points of view. One states that FE is bound to be ineffective, considering the gap between knowledge and skills possessed by common consumers and the skills necessary to make sound financial choices. The other critics its focus on personal finance, and proposes a Financial Economic Education, or an Economic education, intended to give citizens the knowledge needed to understand and participate in political discussion and decision-making on economic choices. Lastly, it provides some suggestions for a learning progression in economics.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2021
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