This article focuses on an essential element of economic education, namely the ability to think critically. First, the significance of education and empowerment is discussed in relation to the two levels of subject and society. Subsequently, the educational intentions in the two fundamental paradigms of economic education are characterized, namely…

Financial literacy education is often narrowly conceptualized as teaching students how to manage their finances. Furthermore, few studies have investigated teachers' beliefs and approaches to teaching financial literacy beyond whether they have the knowledge and capacity to deliver personal finance lessons. This case study explores the ways in…

During the 2016 to 2017 school year, the Québec Ministry of Education announced the rollout of a new course, "Financial Education," that would take effect the following September. This sparked a curriculum debate over its potential impact on another Grade 11 course, "Contemporary World." Tasked with preparing educators to teach…

A major challenge in economics and financial education is frequently the attempt to explain the disparities in household consumption spending. Household income determines the quality and quantity of goods and services that a household could consume. The amount of income available to a household is a major determinant of the disparities in…

This paper uses the PBS Nova show "Mind Over Money" to introduce a number of topics in behavioral finance. Instructors can also use the video as a jumping off point for expanding the discussion to the "second generation" of behavioral finance, where many of the decisions that differ from what are considered optimal are due to…