A Note on Economic Principles and Financial Literacy
Networks Financial Institute Policy Brief No. 2006-PB-07
6 Pages Posted: 10 Aug 2006
Date Written: April 2006
Finance is a branch of economics that deals with budgeting, saving, investing, borrowing, lending, insuring, diversifying, and matching. In setting standards of financial literacy we ought to make sure they are consistent with the basic principles taught in economics courses.
Keywords: financial literacy, financial education, financial literacy standards
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