Economic literacy definition

Economic literacy means a basic understanding of budgets and
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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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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 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 abuse means any behaviour that has a substantial adverse effect on B’s ability to—

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

  • External floating roof means a storage vessel cover in an open tank top consisting of a double deck or pontoon single deck which rests upon and is supported by the petroleum liquid being contained and is equipped with a closure seal or seals to close the space between the roof edge and tank shell.

  • Automatic licensure means granting the occupational licensure without an individual having met occupational licensure requirements provided under the Arkansas Code or by other provisions in these Rules.

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

  • Member in a Bidding Consortium or “Member” shall mean each Company in a Bidding Consortium. In case of a Technology Partner being a member in the Consortium, it has to be a Company.

  • 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.

  • Industry member means a member of a national securities exchange or a member of a national securities association.