The Importance of Economic Education: Preparing Future Generations for Global Economic Challenges

Nguyen Thi Phuong Thao

doi:10.47616/jamrems.v4i4.464

Authors

Nguyen Thi Phuong Thao Dong Nai University, Vietnam

DOI:

https://doi.org/10.47616/jamrems.v4i4.464

Keywords:

Economic Education, Global Economic Challenges, Understanding Economic Concepts

Abstract

Economic education has a central role in equipping future generations with a solid understanding of basic economic concepts and the skills needed to face global economic challenges. This abstract summarizes the results of discussions that highlight crucial aspects of economic education, including its role in improving understanding of economic concepts, preparation for global challenges, and development of critical and analytical skills. Discussions also include the linkage of research results to educational policy, a focus on developing ethical attitudes and social responsibility, and how economic education stimulates global collaboration and entrepreneurship. In conclusion, economic education not only provides conceptual knowledge but also forms the attitudes and skills needed to participate actively in the growing global economy.

Downloads

Download data is not yet available.

References

Bonal, X., & González, S. (2020). The impact of lockdown on the learning gap: family and school divisions in times of crisis. International Review of Education, 66(5-6), 635-655.

Bowles, S., & Carlin, W. (2020). What students learn in economics 101: Time for a change. Journal of Economic Literature, 58(1), 176-214.

Goyal, K., & Kumar, S. (2021). Financial literacy: A systematic review and bibliometric analysis. International Journal of Consumer Studies, 45(1), 80-105.

Kaiser, T., & Menkhoff, L. (2020). Financial education in schools: A meta-analysis of experimental studies. Economics of Education Review, 78, 101930.

Liu, W., Huang, H., Saleem, A., & Zhao, Z. (2022). The effects of university students’ fragmented reading on cognitive development in the new media age: evidence from Chinese higher education. PeerJ, 10, e13861.

Olssen, M. (2020). Neoliberalism, globalisation, democracy: challenges for education. In Globalisation and Education (pp. 28-72). Routledge.

Pomi, S. S., Sarkar, S. M., & Dhar, B. K. (2021). Human or physical capital, which influences sustainable economic growth most? A study on Bangladesh. Canadian Journal of Business and Information Studies, 3(5), 101-108.

Rehman, A., Radulescu, M., Ma, H., Dagar, V., Hussain, I., & Khan, M. K. (2021). The impact of globalization, energy use, and trade on ecological footprint in Pakistan: does environmental sustainability exist? Energies, 14(17), 5234.

Singh Dubey, R., Paul, J., & Tewari, V. (2022). The soft skills gap: a bottleneck in the talent supply in emerging economies. The International Journal of Human Resource Management, 33(13), 2630-2661.

Su, J., Su, K., & Wang, S. (2021). Does the digital economy promote industrial structural upgrading? —A test of mediating effects based on heterogeneous technological innovation. Sustainability, 13(18), 10105.