Announcing the Final Examination of Lloyd Beckles for the degree of Doctor of Philosophy
Date of defense: 01-11-2017
Time and room: 2:00–5:00 ED 208
Dissertation Title: The Influence of Economics Knowledge on Students ‘Attitudes towards Financial Literacy
This purpose of this dissertation is to study how economics knowledge influences students’ attitudes towards financial literacy. Financial literacy has developed in importance resulting from the growing intricacy of financial markets and the increased responsibility placed on consumers for their own financial security. During last decade, the necessity of financial literacy has been heightened due to increasingly complex products and services. Managing personal finances is important and people must learn to engage in prudent financial decisions required when planning for retirement, education, and home purchases. The ability to understand and manage personal finances is a skill critical to long-term financial security and there are significant consequences to financial illiteracy that can last for a life-time and many of these consequences occur while young adults are in college where financial independence begins. As young people progress through life, they are inundated with financial decisions which should be made based on prudent financial knowledge, however, many consumers are faced with a myriad of significant financial decisions very early in life and imprudent financial mistakes made by young people can have negative effects for many years. Undergraduate economics students were the focus of this study because, for many, financial independence begins during the college years.
Committee in charge:
Dr. William Russell (Chair)
Dr. Randall Hewitt
Dr. Carolyn Hopp
Dr. Eleanor Witta
Outline of Studies
Major: Education, Social Science Education
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