The problem of economic literacy development of children and youth

Abstract

The article presents the urgency of the problem of improving thequality of economic education in educational institutions of different types under modern social challenges regarding the cooperation of society and nature, forecasting economic development of regions, organization of production taking into account environmental and socio-economic preconditions. The study used methods of conceptual and comparative analysis, as well as psycho diagnostic methods. Theoretical aspects of forming children’s basics of economic (financial) literacy taking into account social and geographical factors are substantiated. Some features of the development of schoolchildren’s economic thinking in the course of their training (rationalism, practicality, variability, problem character, etc.) are defined. The essence of the economic culture of student youth is outlined and the necessity to create an educational environment of the educational institution for its development is emphasized. The results of the empirical study on the state of the outlined problem in school practice are presented. It was found out that the formation of economic literacy in primary and secondary school involves students mastering general knowledge, skills, and abilities necessary for their lives.