Economic literacy definition

Economic literacy means a basic understanding of budgets and savings accounts, credit and interest and how to use financial services; and having a savings plan and using it to reach the account holder's savings goal for an individual development account.
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Economic literacy means a basic understanding of budgets and
Sample 1Sample 2Sample 3

Examples of Economic literacy in a sentence

  • Economic literacy comprises next to content important for the indi- vidual, an understanding of macroeconomic issues (Beck, 1989; Schumann et al., 2011) and recent economic developments (Holtsch & Eberle, 2016).

  • The Department has also provided the following programmes in terms of the Workplace Skills Plan for 2002/2003 financial year: Project Management, Financial Management for non-financial managers, Computer training, Economic literacy, Image Building, Report Writing.

  • Economic literacy should also be improved as an aspect of better understanding the European integration process.176− Digital skills.177− STEAM178− Entrepreneurship and research− Improving critical thinking.

  • Economic literacy becomes central to alleviating poverty, as people have to understand the dynamics of why they are poor.

  • Economic literacy is increasingly important for households’ decisions about on how to invest wealth and how much to borrow in financial markets.

  • Economic literacy is defined as the ability to use a set of agreed upon concepts consistently to answer practical questions in daily life (Antony et al., 2015).

  • Economic literacy levels of social studies teacher candidates were divided into five categories as very low, low, moderate, high and very high and these categories were presented below in Table 3.Table 3.

  • Cécile Fauconnet, ENSTA Paris, GabrielVernhes, ENSTA Paris• Economic literacy, inequality and remittances.

  • Economic literacy also helps in money management and the ability to make financial decisions, therefore eliminating economic problems in society (Mercan, Kahya & Alamur, 2014).

  • TheDepartment has also provided the following programmes in terms of the Workplace Skills Plan for 2002/03 financial year: Project Management, Financial Management for non-financial managers, Computer training, Economic literacy, Image Building, Report Writing.

Related to Economic literacy

  • Economic Life means the number of years a property improvement is expected to be in service in a facility.

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Extreme Vetting means data mining, threat modeling, predictive risk analysis, or other similar services." Extreme Vetting does not include:

  • Economic Sanctions refers to sanctions imposed by the U.S. government in response to Russia’s actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. Accordingly, should the State determine Contractor is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities, that shall be grounds for termination of this agreement. The State shall provide Contractor advance written notice of such termination, allowing Contractor at least 30 calendar days to provide a written response. Termination shall be at the sole discretion of the State.