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From financial education to economic education for citizenship

In: Financial Education and Risk Literacy

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  • Anna Emilia Berti

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.

Suggested Citation

  • Anna Emilia Berti, 2021. "From financial education to economic education for citizenship," Chapters, in: Riccardo Viale & Umberto Filotto & Barbara Alemanni & Shabnam Mousavi (ed.), Financial Education and Risk Literacy, chapter 3, pages 48-59, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19356_3
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    Keywords

    Economics and Finance;

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