Economic Literacy

UM Economic Literacy What do UM students re completelyy hit the sack about economic science? is a question I?ve always wanted to result since economic science plays an important role in everyone's life because we all are confronted daily with economic issues relate to topics such as inflation, unemployment, economic growth, federal budget deficits, taxes, government spending and many a(prenominal) others in different ways, mainly through news media by reading newspapers or by watching the news, but do college students in truthly deduct what each of this topics mean and how they affect the American saving? I think the answer is definitely in Economics education because they first need to study and understand the economy theory in order to apply it into real life and to be able to identify and describe the dissimilar economics phenomena that happen around them. According to the national see that was conducted by the National Center for Research in Economics Education at the University of Nebraska-Lincoln in 1992, most American college students know very little about economics. This windup made me smooth on our society, taking into account that students are the future of this soil and at least basic companionship about economics is necessary to improve the quality of their lives and make American economy grow.



Therefore, this study has encouraged me to conduct my own survey at the University of Miami, specifically to the students from the school of business to find out if that conclusion also applies to UM. My study had three main objectives. First, it assessed the economic knowledge of UM students from the School of Business about basic economic topics that wind in discussions of the national economy and economic events and which are related to the economy theory, making students differentiate aspects of Microeconomics from the ones that belong to Macroeconomics. Second, it measured the magnificence that UM business students give to each of those aspects by ranking them from 1 (the most... If you want to get a full essay, order it on our website: Ordercustompaper.com



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