ERIC Number: EJ1430456
Record Type: Journal
Publication Date: 2024-May
Pages: 9
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-2089-9823
EISSN: EISSN-2302-9277
Available Date: N/A
Essential Components of Teacher Professional Development for Financial Literacy: A Literature Review
Journal of Education and Learning (EduLearn), v18 n2 p570-578 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 research aims to outline a conceptual model of financial literacy professional development to improve teachers' professional competence, employing a narrative review that synthesizes 28 relevant literatures retrieved from Scopus databases. The results of the study show that an effective training model for teacher professional development (TPD) in financial literacy education should focus on essential financial literacy content consisting of planning and budgeting, banking services, income and careers, insurance, investment, savings, also spending and credit. Furthermore, the main characteristics of TPD regarding financial literacy education should encompass content focus, coherence, ownership, active learning, duration, and collective participation.
Descriptors: Money Management, Financial Literacy, Faculty Development, Pedagogical Content Knowledge, Databases, Budgets, Banking, Income, Credit (Finance), Active Learning, Research Reports, Insurance, Expenditures, Teaching Methods, Foreign Countries
Institute of Advanced Engineering and Science. C5 Plumbon, Banguntapan, Yogyakarta, 55198, Indonesia. e-mail: edulearn@uad.ac.id; Web site: http://edulearn.intelektual.org/index.php/EduLearn/
Publication Type: Journal Articles; Information Analyses
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Indonesia
Grant or Contract Numbers: N/A
Author Affiliations: N/A