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2004 Fiscal Year Final Research Report Summary

Research on Economic Education and Economic Literacy among High School and University Students in Asia-Pacific Region

Research Project

Project/Area Number 14401038
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section海外学術
Research Field 教科教育
Research InstitutionWaseda University

Principal Investigator

YAMAOKA Michio  Waseda University, Graduate School of Asia-Pacific Studies, Professor, 大学院・アジア太平洋研究科, 教授 (90220235)

Co-Investigator(Kenkyū-buntansha) MANO Yoshiki  Waseda University, Graduate School of Asia-Pacific Studies, Professor, 大学院・アジア太平洋研究科, 教授 (90173939)
HIGUCHI Kiyohide  Waseda University, School of International Liberal Studies, Professor, 国際教養学部, 教授 (30218698)
YAMADA Yukitoshi  Obirin University, Department of Economics, Professor, 経済学部, 教授 (50166740)
ASANO Tadayoshi  Yamamura Gakuen College, Faculty of International Communication, Lecturer, コミュニケーション学科, 講師 (00310285)
ABE Shintaro  Josai International University, Department of Management of Information Sciences, Assistant Professor, 経営情報学部, 講師 (40348438)
Project Period (FY) 2002 – 2004
KeywordsEconomic Education / Economic Literacy / Personal Finance
Research Abstract

This research project translated the Test of Economic Literacy, 3rd edition (TEL3) into Japanese, and administered the test to determine the present status and problems of economic literacy among Japanese high school and university students. The TEL3 was originally developed and conducted by Walstad of Nebraska University and Rebeck of St.Cloud State University. We conducted the TEL3 on 2,631 Japanese senior high school students in the 10th-12th grades (16 high schools), and on 2,877 university students (29 universities). The major findings from the test results are that there are similarities in economic literacy among high school and university students, with 6.6 % higher scores by university students. The both group demonstrated little understanding in several fundamental economic concepts, such as scarcity or opportunity cost, and that they have a relatively good understanding of microeconomics but not of macroeconomics.
The research counterparts from Asian-Pacific region such as China, South Korea, the Philippines and New Zealand conducted the same test as well as the United States and Japan. Based on the test result of each country, we had the International Conference on Economic Education in the Asian-Pacific region at Waseda University in August, 2004, and made international comparison on economic literacy among the students in these countries. The investigators and foreign counterparts of this project examined these results and discussed how economic education in the region might be improved. The discussion is summarized in the report shown below in the "references".
The research project also made a Japanese version of "the Financial Fitness for Life Test" which was also developed by Walstad and Rebeck. The investigators conducted the test in Japan in 2004 and made a presentation about the result of the test in the Annual Conference of NCEE : National Council on Economic Education in Little Rock, Arkansas.

  • Research Products

    (6 results)

All 2004 2003

All Journal Article (2 results) Book (4 results)

  • [Journal Article] 経済リテラシーの国際比較:日本・米国・韓国を対象に2004

    • Author(s)
      山岡道男, 淺野忠克, 阿部信太郎, 新井明, 保立雅紀, 山田幸俊
    • Journal Title

      経済教育 第23号

      Pages: 81-89

    • Description
      「研究成果報告書概要(和文)」より
  • [Journal Article] International Comparison of Economic Literacy among Japanese, US and Korean Students (written in Japanese)2004

    • Author(s)
      Michio Yamaoka, Tadayoshi Asano, Sintaro Abe, Yukitoshi Yamada, Akira Arai, Masanori Hotate
    • Journal Title

      Journal of Economic Education vol.23

      Pages: 81-89

    • Description
      「研究成果報告書概要(欧文)」より
  • [Book] Collected Papers on Economic Literacy in Asia-Pacific Region2004

    • Author(s)
      山岡道男, 淺野忠克, 阿部信太郎ほか
    • Total Pages
      175
    • Publisher
      早稲田大学経済教育総合研究所
    • Description
      「研究成果報告書概要(和文)」より
  • [Book] Collected Papers on Economic Literacy in Asia-Pacific Region2004

    • Author(s)
      Michio Yamaoka, Tadayoshi Asano, Sintaro Abe et al.
    • Total Pages
      175
    • Publisher
      Waseda Institute for Economic Education
    • Description
      「研究成果報告書概要(欧文)」より
  • [Book] 消費者経済教育の新潮流:自立のためのパーソナル・ファイナンス教育2003

    • Author(s)
      山岡道男, 淺野忠克, 栗原久, 阿部信太郎
    • Total Pages
      101
    • Publisher
      早稲田大学経済教育総合研究所
    • Description
      「研究成果報告書概要(和文)」より
  • [Book] New Tread of Consumer Economic Education : Personal Financial Education for independent consumer (written in Japanese)2003

    • Author(s)
      Michio Yamaoka, Tadayoshi Asano, Hisashi Kurihara, Sintaro Abe
    • Total Pages
      101
    • Publisher
      Waseda Institute for Economic Education
    • Description
      「研究成果報告書概要(欧文)」より

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Published: 2006-07-11  

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