Economic Education Research Articles

Koherensi Beasiswa Terhadap Motivasi Belajar Mahasiswa Program Studi Pendidikan Ekonomi Universitas Flores

This study aims to determine the effect of scholarships on student motivation for the Economic Education Study Program at the University of Flores. The type of research used in this study is an explanation to explain whether there is an influence of the independent variable, namely scholarship, on the dependent variable, namely learning motivation—data collection techniques using questionnaires for primary data and secondary data using documentation studies. The data obtained were analyzed using simple linear analysis. The study results show that scholarships have a significant effect by contributing 24.8 percent to influencing learning motivation in economic education study programs. Therefore, the government and the foundation suggested opening more chances for students to get the scholarship.

Банковская паника в условиях цифровой трансформации общества: особенности возникновения и меры предотвращения

This article delves into the specifics of bank run emergence amidst society’s digital transformation, highlighting features such as rapid information transmission, increasing vulnerability risks of financial systems to new forms of fraud and cyber threats, utilization of artificial intelligence, and investments in payment systems and cryptocurrency. The banking system, as the main instrument of financial activity, is exposed to transformational changes, which necessitates its constant adaptation to new operating conditions, including to prevent uncontrolled panic reactions on the part of depositors, the consequences of which any financial organizations may face. The author proposes a few measures aimed at preventing or mitigating the consequences of bank runs in the financial sector, encompassing both urgent steps in the field of cybersecurity and risk management, as well as regulatory actions by the state and financial organizations. In general, the successful prevention of bank runs requires an integrated approach that includes information, technical and financial measures, as well as the development of an economic education system and an increase in financial literacy.

How Does Creativity and Environmental Support Matter on University Students’ Digital Entrepreneurial Intention? : A Mediated Model

This study aims to investigate the effects of self-perceived creativity and environmental support on university students' digital entrepreneurial intentions while also examining a mediation model. This research used a survey method with a quantitative approach. The data was collected involving undergraduate students in Economic Education from three universities in Central Java province. The study engaged 531 population and 229 samples selected using the proportionate random sampling method. SEM-PLS analysis was employed for data analysis. The findings suggest that digital entrepreneurial intention is positively, albeit not significantly, impacted by self-perceived creativity. Meanwhile, digital entrepreneurial intention is positively and significantly impacted by both environmental support and digital entrepreneurial self-efficacy. Moreover, digital entrepreneurial self-efficacy is also positively and significantly impacted by self-perceived creativity and environmental support. Then, the mediation models are also accepted. The results suggest fostering creativity-based learning programs, training, internships, and short courses to enhance students' confidence in digital entrepreneurship and entrepreneurial intentions. To this end, collaborating with universities, governments, and private sectors is crucial in executing such initiatives.

Pengaruh Pengenalan Lapangan Persekolahan (PLP) dan Keaktifan Berorganisasi terhadap Kesiapan Menjadi Guru

This research aims to knowing the effect of introduction to the school field on the readiness to become teachers and knowing the influence of organizational activity on the readiness to become teachers of UNS Economics Education Students. This research uses quantitative research methods with a population of 170 students and a sample of 120 students consisting of active Economic Education students from the class of 2019 and 2020. The sampling technique used was probability sampling with a proportional random sampling sub-technique. The validity and reliability testing techniques used in this research are Korelasi Product Moment and Cronbach’s Alpha. The data collection method used was a questionnaire distributed online. Data analysis in this study used Multiple Linear Regression which was calculated with the help of SPSS version 25 software. The results of the study showed that (1) there was a positive influence between introduction to the school field on readiness to become a teacher, (2) there was a positive influence between organizational activity on readiness to become a teacher.

Ancillary Elements of Undergraduate Economics Programs: The Extras Can Make All the Difference

Successful economics programs recognize that the well-rounded student is best supported through a multi-faceted approach that considers the student’s academic life in a holistic way. While traditional classroom instruction forms the core of economic education, ancillary elements, such as student clubs, speaker series, internships, and research opportunities, are also vital components. They can support content mastery and student success, provide opportunities to apply concepts and skills in real-world contexts, and expose students to new developments in the discipline. This overview paper first gives a sense of the current landscape regarding ancillary provision at US institutions and then introduces the other contributions to this symposium. These papers provide detailed examples of effective ancillary elements, offering guidance and inspiration for enriching students’ academic experiences.

Exploring the Relationship between Home Economics Competencies and Financial Literacy among High School Learners

This study examined the relationship between Home Economics Competencies and Financial Literacy among high school learners, focusing on Grade 7 learners at Davao City National High School. Employing a descriptive correlational research design, the research utilized a survey method to collect data, with the sample selected through simple quota sampling. The survey measured learners ' competencies in various aspects of Home Economics, including practical skill application, integration of theoretical knowledge with practical execution, and adaptability to changing household dynamics, alongside their understanding and management of financial literacy. Statistical analysis of the data involved calculating mean scores, Pearson-r correlation, and conducting regression analysis. The findings revealed a significant positive correlation between Home Economics competencies and financial literacy (R: 0.59, p<0.05). Regression analysis further demonstrated the impact of specific components of Home Economics education on financial literacy levels. These results suggest that proficiency in Home Economics is closely linked to financial literacy, indicating that comprehensive education in Home Economics could enhance learners ' financial understanding and capabilities. The study highlights the importance of integrating Home Economics and financial education to equip learners with essential life skills for their future.

Hooked on podcasts: evidence from a quasi-experimental approach

The podcast is a tool that economic educators can employ in the classroom as an alternative approach to convey content. Using a unique quasi-experimental approach in four undergraduate economics classes, we measure student perceptions of podcast use and the effectiveness of the podcast as a pedagogical tool in the economics curriculum. This experiment controls for demographic characteristics, educational background, learning styles, instructor fixed effects, and class fixed effects while measuring the impact of podcast use on student learning outcomes. We find that exam scores of students assigned podcasts to supplement their learning were statistically no different than those of students assigned printed news articles to supplement their learning. However, in terms of perception, students believed they were learning more from podcasts than news articles.

Multi-Dimensional Decomposition, Measurement, and Governance Mechanism of Relative Poverty in Chinese Households under the Goal of Common Prosperity: Empirical Analysis Based on CFPS2020 Data

From the perspective of household productivity, this paper analyzes the capital composition of the household and the formation mechanism of relative poverty. Based on the CFPS data in 2020, it uses the Alkire–Foster (AF) index to measure the breadth and depth of relative poverty in different regions and puts forward its governance mechanism. The results show that there are significant differences between urban and rural areas and among different regions. The relative poverty incidence rate is mainly concentrated in four indicators, accounting for 30.8% of the total number of indicators. From high to low, the incidences of relative poverty in a single dimension include financial assets, livelihood assets, health, and employment levels. The breadth is mainly reflected in economic capital, health, employment, and education level. The depth is reflected in financial assets, health level, and social network indicators. Except for the social capital dimension, the poverty in rural areas is higher than urban areas, and the central and western regions are higher than the eastern regions, showing a distinct characteristic of imbalanced urban–rural and regional development. This paper proposes the relative poverty governance mechanism of households’ capital accumulation, urban–rural integrated development and regional coordinated development.

PERAN MODERASI KONEKSI POLITIK PADA PENGARUH KARAKTERISTIK CEO TERHADAP KINERJA KEUANGAN PERUSAHAAN

Purpose: This study aims to provide empirical evidence of the impact of CEO characteristics (busyness, economic education, ownership) on corporate financial performance with CEO political connections as a moderating variable. Methodology/approach: This research is a quantitative study utilizing secondary data. The sample was taken using purposive sampling method, thereby obtaining data from 352 non-financial companies listed on the IDX during the 2016-2022 time period. The total observations made were 2306. The data was analyzed using multiple regression analysis support by the Stata 14 application. Findings: The regression analysis results indicating CEO economic education has a positive effect on return on asset (ROA). Meanwhile, CEO political connections moderate the positive effect of CEO ownership on corporate financial performance (ROA) and moderate the negative effect of CEO economic education on corporate financial performance (ROA). Practical implications: Companies should consider the characteristics of CEOs in accordance with the company in order to enhance financial performance. In addition, potential CEOs should improve their characteristics to have a positive impact on the corporate financial performance. Originality/value: This research develops a model related to CEO political connections in moderating the influence of CEO characteristics (busyness, economic education, ownership) on company financial performance.

Socioeconomic benefits of high-speed broadband availability and service adoption: A survey

Ubiquitous high-speed fiber-based and mobile broadband availability is a key economic policy goal in the European Union and other developed countries. Policymakers seek to boost economic growth, productivity, and employment, especially in remote areas, through ambitious broadband targets and substantial public funding. This paper reviews the existing (empirical) literature on high-speed broadband Internet and its socioeconomic impact on key outcome variables. Our main findings are that (i) the socioeconomic benefits in terms of economic growth, productivity, house prices, and education, as well as economic resilience, are high but are also subject to diminishing returns beyond a certain broadband quality level, (ii) the effects on employment are more ambiguous, (iii) the positive socioeconomic effects take hold only after broadband adoption on the demand side, but not with mere availability on the supply side, and (iv) the effects of broadband differ significantly for urban vs. rural and high-skilled vs. low-skilled workers for some of the outcome variables. Based on these findings, we develop recommendations for a cost-effective and efficient broadband policy and identify an agenda for research.

ECONOMIC EDUCATION UNDER THE INFLUENCE OF INFORMATION TECHNOLOGY: ANALYSIS OF THE BIBLIOGRAPHIC LANDSCAPE

The aim of the article is to carry out a bibliographic analysis of articles related to the use of IT in economic education, in order to characterise the future landscape of scientific and pedagogical research. The material for the analysis were publications from the scientometric database Web of Science from 2020 to 26 March 2024. Only open access publications were taken into account. The VOSviewer application was used to qualitatively characterise the publication's landscape using keyword sets. The search was conducted among publications from 2020 using the words "information technology" and "economic education" in the "Keywords" and "Abstract" fields according to the search formula "information technology AND economic education". In terms of quantitative indicators, there is reason to believe that with the development of the IT industry and, importantly, with the emergence of artificial intelligence and the development of machine learning, the number of qualitative studies in economic education is growing. The subject of such research is the modernisation of economic disciplines, the introduction of active learning methods, and the spread of digital platforms that improve the training of economists. A qualitative analysis of the keywords that form the three main clusters of research reveals three trends: (1) the trend of integrative influence of IT development on the development of educational institutions, introduction of innovative models in economic education and its management; (2) the trend of development of personal qualities under the influence of economic education with the use of information technologies; (3) the trend of integration of economic education into socio-economic processes and its impact on human resources and their development. These areas are interconnected and therefore considered promising for the future: research related to the various impacts of the digital economy on the development of universities and their digital administration (digital university, provision of educational services anywhere in the world; development of digital learning environments and pedagogical design, and so forth); research related to the development of learning technologies under the influence of Internet technologies (immersive, gaming technologies, simulations, use of virtual and augmented reality), development of individual qualities of specialists in the field of economics (development of relevant skills – critical and creative thinking, digital communication skills, lifelong learning); research that reveals the peculiarities of organising education in the face of constraints and characterises the causes of digital divide; study of economic processes that determine the links between economic growth, economic education, the introduction of Industry 4.0 and the spread of artificial intelligence in all areas of the national economy.

Deciphering the digital divide: the heterogeneous and nonlinear influence of digital economy on urban-rural income inequality in China

ABSTRACT This study investigates the heterogeneous and nonlinear impact of digital economy on the urban-rural income disparities in 30 Chinese provinces from 2013 to 2020. The results from moderated multiple regressions and panel threshold regressions consistently indicate that digital economy generally widens China’s urban-rural inequality, but this widening effect diminishes as the digital economy progresses. Furthermore, the influence of digital economy varies depending on local socio-economic factors, including economic development, industrial structure, education level, government expenditure, and openness. Digital economy exerts a stronger influence on exacerbating the inequality in economically developed regions with higher education levels and greater openness, but it helps prevent the inequality from expanding through its interactions with secondary industry development and fiscal expenditure. These findings provide a reference for formulating target strategies in line with local development conditions to bridge the inequality engendered by the digital divide.

Pengaruh Literasi Keuangan dan Pendidikan Keuangan Keluarga terhadap Perilaku Pengelolaan Keuangan pada Mahasiswa Pendidikan Ekonomi di Samarinda

This research aims to find out whether financial literacy influences financial management behavior, whether family financial education influences financial management behavior, and whether financial literacy and family financial education simultaneously influence financial management behavior among Economic Education students in Samarinda. This research uses a quantitative approach with the type of research being explanatory research. The population in this study were all students of the Economic Education Study Program at Mulawarman University class of 2021 and all students of the Economic Education Study Program at the PGRI Kaltim Teacher Training and Education Institute class of 2021. The sampling technique in this study used a saturated sample with a total sample of 134. Collection technique data carried out using tests and questionnaires. Hypothesis testing used the t test, F test and determination test (R2) while to analyze the data using multiple linear regression analysis using the SPSS version 26 program. The results showed financial literacy variable partially has a positive and significant influence on students' financial management behavior. The family financial education variable partially has a positive and significant influence on financial management behavior student. Simultaneously, financial literacy and family financial education have a significant effect on students' financial management behavior.

Analisis Penerapan Neuroekonomi dalam Pengambilan Keputusan Transaksi dan Investasi pada Mahasiswa Pendidikan Ekonomi Universitas Mulawarman

Transaction and investment decision making in students is often influenced by irrational and emotional factors. This can result in suboptimal and risky decisions, which can have negative financial repercussions in the future. The purpose of this study is to find out how the application of neuroeconomics in making transaction and investment decisions of Mulawarman University Economic Education students. This research is a descriptive research with a qualitative approach. Data collection using interviews and observations. Data analysis used is data reduction, data presentation, and verification/conclusions. The informants of this study were 6 students of Economic Education at Mulawarman University. The results of this study show that Mulawarman University Economic Education students apply neuroeconomics in making transaction and investment decisions, students gain knowledge about products by searching for information. Students consider emotional responses to purchasing decisions as well as satisfaction. Investment decisions made by students for the long term and get maximum profit. Different types of investments are compared to choose the type of investment that suits personal finance.

Pengaruh Pengenalan Lapangan Persekolahan dan Soft Skill Terhadap Kesiapan Menjadi Guru Pada Mahasiswa Prodi Pendidikan Ekonomi

This study aims to determine whether PLP affects teacher readiness in economics education study program students, whether soft skills affect teacher readiness in economic education study program students and whether PLP and soft skills simultaneously affect teacher readiness in economic education study program students. This research uses a quantitative approach with the type of explanatory research. The population in this study is students of the Economic Education Study Program of Mulawarman University, Class of 2020. The sampling technique uses the Saturated Sample Technique with a total of 66 people. The data collection technique carried out is a questionnaire. The results showed that thitung > ttable, namely thitung > ttable, which is 5,086> 1,997 and significance 0.000 < 0.05, then the PLP variable partially has a positive and significant influence on readiness to become a teacher of economic education students and the results of tcalculate > ttable, which is 8,030 > 1,997 and the significance of 0.000 < 0.05 on soft skill variables partially has a positive and significant influence on readiness to become a teacher of economic education students. Simultaneously, PLP and soft skills have a significant effect, amounting to 51,772 fcalculate > 1,997 ftabel on readiness to become teachers in economic education students.

Implementasi Pembelajaran Mata Kuliah Kewirausahaan untuk Meningkatkan Minat Mahasiswa Berwirausaha Program Studi Pendidikan Ekonomi Universitas Mulawarman

The aim of this research is to determine the implementation of learning in entrepreneurship courses to increase students' interest in entrepreneurship in the Mulawarman University Economic Education Study Program. This research is descriptive research with a qualitative approach. Data collection uses interviews. The data analysis used is data reduction, data presentation, and verification/drawing conclusions. 1). Understanding of entrepreneurship course material, where students enjoy learning entrepreneurship courses and pay enough attention when the lecturer explains the material, 2). Entrepreneurship training, where students are interested in taking part in entrepreneurship training held on campus or outside campus, 3). Dare to take risks, where students have the courage to take risks without feeling afraid of the risks that will occur, 4). Observing activities about entrepreneurship, where students only need to pay attention to tips or tricks from someone who has been successful in entrepreneurship, 5). Participate in entrepreneurial activities, where students take part in seminar activities and have been involved in the business activities of family and friends.

Does economic education spoil students’ morality? Economists and the Trolley problem

Economic education is frequently blamed for negatively impacting students’ morality, leading to the so-called indoctrination hypothesis. This view is supported by abundant empirical research. Nevertheless, certain studies do not confirm and even gainsay the existence of such a destructive relationship. This article aims to contribute to the discussion by analysing ethical decisions made by the less and more advanced students of Economics when confronted with moral dilemmas based on the Trolley Problem. Additionally, to address the self-selection hypothesis, we compare the choices made by the first-year students of Economics with those of their Sociology counterparts. Assuming that economics teaching affects students’ moral choices and considering the fundamental role of utility maximization in both orthodox economics and standard economic education, one might expect a proportion of “utilitarian” ethical judgments to increase with the advancement of economic studies. Surprisingly, our research does not confirm such an association. Working with a sample of Polish undergraduate students of Economics (N=408) and Sociology (N=123) during the initial three weeks of the academic years 2020/2021 and 2022/2023, we observed that the choices of more advanced economists-to-be are more “deontological” (grounded in norms) than “utilitarian” (grounded in benefits). Therefore, we argue that economic education does not have the power to shake students' ethical choices considerably and transform them into unscrupulous calculating machines. However, certain support was found for the self-selection hypothesis, as the first-year students enrolled in the Economics programme were slightly more prone to “utilitarian” choices than the first-year sociologists.

WHY ECONOMIC FREEDOM MATTERS IN DETERMINING FINANCIAL STABILITY: A CASE STUDY ON SIX EASTERN EUROPEAN COUNTRIES

The down turning events from the beginning of the XXIst century, starting with the 2008 crisis and then the COVID-19 pandemic, shortly followed by Russia’s invasion in Ukraine, exacerbated some preexisting vulnerabilities and created new risks. In this context, the financial stability in the Eastern European states (we will consider "Eastern Europe" in Winston Churchill's terms, namely those countries on the eastern flank of the Iron Curtain) represents an important debating issue for both policy-makers and researchers. Therefore, the present paper aims to quantify the financial stability and to determine the factors that can influence it. In doing so, we first have to establish what we consider to be financial stability: what it means at the microeconomic level (focusing on the behavior of the citizens) and what it means at the macroeconomic level (looking at the role of states in ensuring financial stability). It is important to note that the analysis we wish to undertake will be at a regional rather than at an overall European level, focusing on the Eastern European countries that have joined the European structures. We will present, by means of statistical analysis, the importance that both economic freedom and education have in increasing the financial stability of Eastern European citizens, taking into account the evolution of the financial stability of Eastern European citizens over the last years. In order to perform an analysis for more countries and over a longer period of time, we will utilize panel data analysis. We will observe the role that both variables play in ensuring a greater level of financial stability for the people from these countries.

The Influence of Economic Growth, Dependency Ratio, Education Level, and Minimum Wage on Poverty Levels in Kebumen Regency

The Influence of Economic Growth, Dependency Ratio, Education Level, and Minimum Wage on Poverty Levels in Kebumen Regency

What Matters in Choosing School for Children’s Education? Experiences from Kottayam, Kerala

While the role of education in fostering social stability and increasing a country’s human capital is well recognised, there are debates on policies and institutional arrangements in this regard. In particular, parents’ choice of schools appears to be a critical issue as it can influence both educational outcomes and inclusiveness. Given that there is a broader homogeneity in infrastructure facilities available at both household and school levels, one would expect that household-related factors will influence the choice of schooling of children. This article examines such household-level factors that influence households’ choice of schools for children in selected areas of Kottayam District, Kerala. A primary survey was conducted in December 2021 comprising 300 households. Based on the results of the estimated binary logit and probit models, this article reports that the choice of school for children is significantly influenced by households’ ethnic background and economic status, and sex, education, and primary occupation of the family head. There is a higher likelihood of choosing public schools by households from the Scheduled Caste/Scheduled Tribe category, those living below the poverty line, or those with agriculture as the primary occupation. On the contrary, this likelihood is less for households with educated and male heads. However, the choice of school for children does not differ significantly between rural and urban households. Further, there is no gender inequality in choosing schools. The findings suggest that future government policies should emphasise infrastructure development and quality improvement in government schools to promote socio-economic inclusion in education.