Economic literacy among students in Malaysia
Basic knowledge of economy is very important for all community levels regardless of their academic backgrounds. Measuring the economic literacy level among students in Malaysia is important as a benchmark to improve students’ economic literacy. The purpose of this study is to identify the level o...
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Penerbit Universiti Kebangsaan Malaysia
2020
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| Online Access: | http://journalarticle.ukm.my/15834/1/34984-135146-1-PB.pdf http://journalarticle.ukm.my/15834/ http://ejournals.ukm.my/gmjss/issue/view/1306 |
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my-ukm.journal.158342020-11-22T17:49:45Z http://journalarticle.ukm.my/15834/ Economic literacy among students in Malaysia Nurul Fazira Muhamad Nizam, Lai, Wei Sieng Noorasiah Sulaiman, Basic knowledge of economy is very important for all community levels regardless of their academic backgrounds. Measuring the economic literacy level among students in Malaysia is important as a benchmark to improve students’ economic literacy. The purpose of this study is to identify the level of economic literacy among students in Malaysia. The data used in this study were collected through surveys. The questions in this economic literacy test were composed according to Malaysia's own references and added with some demographic information of the respondents. 400 samples were randomly taken from students which come from different learning institutions and backgrounds in Malaysia. Next, this data is analyzed using Tobit regression model. Sigma value in this study is used to determine whether this is a good model or not. Dependent variable used in this study are the scores in economic literacy tests, while independent variables are gender, ethnicity, household income, residential location and field of study. The result of this study found that students in all type of education has low level of economic literacy. The household income and the field of study was significant and had influence on the level of economic literacy among students. Penerbit Universiti Kebangsaan Malaysia 2020 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/15834/1/34984-135146-1-PB.pdf Nurul Fazira Muhamad Nizam, and Lai, Wei Sieng and Noorasiah Sulaiman, (2020) Economic literacy among students in Malaysia. Geografia : Malaysian Journal of Society and Space, 16 (3). pp. 45-57. ISSN 2180-2491 http://ejournals.ukm.my/gmjss/issue/view/1306 |
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Malaysia |
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English |
| description |
Basic knowledge of economy is very important for all community levels regardless of their
academic backgrounds. Measuring the economic literacy level among students in Malaysia is
important as a benchmark to improve students’ economic literacy. The purpose of this study is to
identify the level of economic literacy among students in Malaysia. The data used in this study
were collected through surveys. The questions in this economic literacy test were composed
according to Malaysia's own references and added with some demographic information of the
respondents. 400 samples were randomly taken from students which come from different
learning institutions and backgrounds in Malaysia. Next, this data is analyzed using Tobit
regression model. Sigma value in this study is used to determine whether this is a good model or
not. Dependent variable used in this study are the scores in economic literacy tests, while
independent variables are gender, ethnicity, household income, residential location and field of
study. The result of this study found that students in all type of education has low level of
economic literacy. The household income and the field of study was significant and had
influence on the level of economic literacy among students. |
| format |
Article |
| author |
Nurul Fazira Muhamad Nizam, Lai, Wei Sieng Noorasiah Sulaiman, |
| spellingShingle |
Nurul Fazira Muhamad Nizam, Lai, Wei Sieng Noorasiah Sulaiman, Economic literacy among students in Malaysia |
| author_facet |
Nurul Fazira Muhamad Nizam, Lai, Wei Sieng Noorasiah Sulaiman, |
| author_sort |
Nurul Fazira Muhamad Nizam, |
| title |
Economic literacy among students in Malaysia |
| title_short |
Economic literacy among students in Malaysia |
| title_full |
Economic literacy among students in Malaysia |
| title_fullStr |
Economic literacy among students in Malaysia |
| title_full_unstemmed |
Economic literacy among students in Malaysia |
| title_sort |
economic literacy among students in malaysia |
| publisher |
Penerbit Universiti Kebangsaan Malaysia |
| publishDate |
2020 |
| url |
http://journalarticle.ukm.my/15834/1/34984-135146-1-PB.pdf http://journalarticle.ukm.my/15834/ http://ejournals.ukm.my/gmjss/issue/view/1306 |
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1684654308460593152 |
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13.211869 |