Development and field-testing of a competence-based instrument for assessing financial literacy of adolescents

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Permanent URL for this page: http://hdl.voced.edu.au/10707/234399.


Author: Aprea, Carmela

Abstract:

In modern globalized economies, financial literacy, i.e. the ability to reasonably decide upon and use financial resources, is becoming more and more essential for every person who is responsible for managing his or her financial affairs in everyday life. Thus, the promotion of financial literacy remains a core concern for every educational system. This necessity, in turn, presupposes the availability of adequate tools which allow identifying existing learning needs. Against this background, the aim of this paper is to portray the conceptualization as well as a first field-testing of the competence-based instrument for assessing financial literacy of adolescents.

Published abstract.

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In modern globalized economies, financial literacy, i.e. the ability to reasonably decide upon and use financial resources, is becoming more and more essential for every person who is responsible for managing his or her financial affairs in everyday life. Thus, the promotion of financial literacy remains a core concern for every educational system. This necessity, in turn, presupposes the availability of adequate tools which allow identifying existing learning needs. Against this background, the aim of this paper is to portray the conceptualization as well as a first field-testing of ...  [+] Show more

Subjects: Skills and knowledge; Youth; Research; Assessment

Keywords: Competence; Measuring instrument; Knowledge level; Basic skill

Geographic subjects: Switzerland; Europe

Published: Beijing, China: Foreign Language Teaching and Research Press, 2011

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Book Title: Assuring the acquisition of expertise: apprenticeship in the modern economy / edited by Zhiqun Zhao, Felix Rauner, Ursel Hauschildt.

Pages: pp. 233-236

Conference name: International Network on Innovative Apprenticeship International Conference

Number: 4th

Date: 2011

Place: Beijing, China

ISBN: 9787513508155

Resource type: Book chapter

Peer reviewed: Yes

Call Number:
TD/TNC 110.943



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