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Direct linkStaveley-O'Carroll, James; Gai, Yunwei – Journal of Economic Education, 2023
The authors describe an asymmetric information demonstration that assigns students different probabilities of incurring healthcare expenses. In each round, students choose whether to purchase insurance; then, the instructor randomly determines who gets "sick." After computing insurer profits, students help determine a new insurance price…
Descriptors: Risk, Economics Education, Health Insurance, Teaching Methods
Essential Components of Teacher Professional Development for Financial Literacy: A Literature Review
Download full textSilvya Louis; Siswandari Siswandari; Leny Noviani – Journal of Education and Learning (EduLearn), 2024
Financial literacy, as a fundamental skill in the 21st century, has become a life skill that is urgently needed to be improved. Globally, the drive to enhance financial literacy involves integrating it into the education curriculum, necessitating educators' comprehensive grasp of financial literacy education before imparting it to students. This…
Descriptors: Money Management, Financial Literacy, Faculty Development, Pedagogical Content Knowledge
