A Note on Economic Principles and Financial Literacy

Bodie, Zvi

doi:10.2139/ssrn.923561

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A Note on Economic Principles and Financial Literacy

Networks Financial Institute Policy Brief No. 2006-PB-07

6 Pages Posted: 10 Aug 2006

Zvi Bodie

Boston University - Department of Finance & Economics

Date Written: April 2006

Abstract

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

Suggested Citation: Suggested Citation

Bodie, Zvi, A Note on Economic Principles and Financial Literacy (April 2006). Networks Financial Institute Policy Brief No. 2006-PB-07. Available at SSRN: https://ssrn.com/abstract=923561 or http://dx.doi.org/10.2139/ssrn.923561