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Inflation as part of price literacy and awareness of the concept of inflation among university students

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11510%2F20%3A10417802" target="_blank" >RIV/00216208:11510/20:10417802 - isvavai.cz</a>

  • Alternative codes found

    RIV/60460709:41110/20:81838

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Inflation as part of price literacy and awareness of the concept of inflation among university students

  • Original language description

    Price literacy plays an essential role in financial literacy. It includes knowledge necessary to understand price mechanisms and inflation. The objective of this paper is to examine, based on data collected from primary research, the awareness and understanding of inflation as a concept and also, the level of the inflation rate students from three selected universities in the Czech Republic are subject to. The primary research was conducted at three Czech universities with the participation of 1,437 respondents (n = 1 437). First, their understanding of the notion of inflation and its principles were investigated. This question was correctly answered by 57.48% (826) of respondents. The relation between the knowledge of the notion of inflation and the level of study and specialization of the faculty was obvious. Furthermore, respondents were asked if they knew the inflation rate. This question was answered correctly by 41.34% (594) of respondents.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2020

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 17th International Conference Efficiency and Responsibility in Education 2020

  • ISBN

    978-80-213-3022-1

  • ISSN

    2336-744X

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    30-37

  • Publisher name

    Czech University of Life Sciences

  • Place of publication

    Prague Kamýcká 129, Prague 6, Czech Republic

  • Event location

    Praha

  • Event date

    Jun 4, 2020

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    000617029800004