文章基本信息

标题：Economic Literacy and Its Effects on Students’ Financial Behavior at Malaysian Public University
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作者：Sheeril Hing Mei Lyn ; Sheerad Sahid
期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2021
卷号：11
期号：8
页码：736-750
DOI：10.6007/IJARBSS/v11-i8/10551
语种：English
出版社：Human Resource Management Academic Research Society
摘要：Economic literacy is one of the important life aspects needed by every individual to achieve the increasingly challenging life goals today. All societies, including everyone, are not exempt from their respective responsibilities to know how to manage their finances in order to ensure their future and well-being. This study was conducted to examine the economic literacy of Malaysia Public University (UKM) students and its impact on their financial behavior in terms of spending and saving behavior. This study used a quantitative approach through a survey method by distributing questionnaires to respondents. The sample includes a total of 205 students using a simple random sampling technique. Descriptive and inferential analyses were used to test the hypotheses using Statistical Package for the Social Sciences (SPSS) version 23. The findings of the study indicated that students at the Malaysian public university have a moderate to a high level of economic literacy. Furthermore, economic literacy also has a positive and significant effect on the students’ financial behavior. Thus, several suggestions are discussed in this paper to raise awareness about the importance of economic knowledge, especially in terms of financial management among university students.