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Young people are having it harder and harder to understand economic matters

Monday, 31 October 2011
A new study in Finland shows that financial literacy in schools for 15-20 year olds are taught in many subjects but as time goes the young people are finding it hard to understand economics.
According to the study, young people get very fragmented knowledge in financial matters.
This makes it difficult for them to form an overall picture of economic relationships.

As such the young should learn more about how to manage financial affairs electronically, how to write contracts and how to obtain loans from outside the bank.

Teaching is also a major challenge for schools because young people are faced with major financial decisions with long-term consequences in life. Therefore, the overall picture is important, enshrined in the National Consumer Research Centre publication that has examined the economic educational materials for young people.

It is nit clear about such a view in Sweden or the other Scandinavian countries but as the economic out looks uncertain, young people are required be hands on in order to properly use the tools at their disposal to build their future. Without a good know how of hoe economics work, it become hard for the young man to design a proper future.
By Scancomark.se Team


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