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ERIC Number: ED504967
Record Type: Non-Journal
Publication Date: 2009-Feb
Pages: 12
Abstractor: As Provided
ISSN: ISSN-1548-6613
On the Relationship between Economic Competence and the Individual Level of Agreement with Market Economy
Seeber, Gunther; Remmele, Bernd
Online Submission, US-China Education Review v6 n2 p13-24 Feb 2009
A series of studies in several countries tested the economic understanding of people, particularly students. The performance of the subjects is typically conceived as showing "deficits". These alleged deficits seem to correspond with scepticism towards market economy. Better test scores in general correlate with higher appraisal of market society. Could therefore a better understanding influence the attitudes towards phenomena of economic life, like competition, unequal income distribution and other characteristics of market economy? This paper identifies different factors influencing both the levels of economic understanding and the attitudes towards economy. It analyzes results of empirical studies and, as a conclusion, develops an "influence model" reflecting the connection between the form of perception of market-induced phenomena, i.e. economic competence, and the evaluation of these phenomena. The model is the fundament for the design of forthcoming studies. (Contains 1 figure and 6 footnotes.)
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Germany
Identifiers - Assessments and Surveys: Test of Economic Literacy