Proceedings of the 5th Open Society Conference (OSC 2023)

How is Economic Literacy and Consumptive Behavior? Through the Role of Student Learning Outcomes in Economic Education in Jambi Province

Authors
Yasir Riady1, *, Zuhri Saputra Hutabarat2
1Universitas Terbuka, South Tangerang, 15437, Banten, Indonesia
2Universitas Batanghari, Jambi, 36122, Indonesia
*Corresponding author. Email: yasir@ecampus.ut.ac.id
Corresponding Author
Yasir Riady
Available Online 9 November 2023.
DOI
10.2991/978-94-6463-290-3_18How to use a DOI?
Keywords
consumer behavior; economic literacy; learning outcomes
Abstract

This article will reveal the level of economic literacy, academic achievement, and consumption patterns of students focused on economics in the province of Jambi in Indonesia. This quantitative research was put to the test with the use of regression analysis. The Department of Economic Education in Jambi Province recruited 237 of its students to participate as research subjects. The research data was obtained with the assistance of surveys and other data collection methods, and then the data were processed with the assistance of a program called PLS SEM. The outcomes of the research indicate the following: 1) College students have less of a desire to save money, and the wasteful spending habits that they have make it difficult for them to be sensible consumers. 2) The learning outcomes that are accomplished in economics learning can be utilized to evaluate a person’s capacity to recognize appropriate economic performances or achieve that does not include consumption. 3) A decline in consumption behavior occurs when economic literacy and student learning outcomes improve, and others; this is also true the other way around. According to the findings of this study, educational institutions should help students improve their economic literacy as well as their comprehension of learning objectives and consumer behavior. The findings of this research indicate that economic literacy and learning outcomes have a significant and detrimental effect of the academic careers of students in the province of Jambi pursuing degrees at economics instruction.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 5th Open Society Conference (OSC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
9 November 2023
ISBN
10.2991/978-94-6463-290-3_18
ISSN
2352-5428
DOI
10.2991/978-94-6463-290-3_18How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Yasir Riady
AU  - Zuhri Saputra Hutabarat
PY  - 2023
DA  - 2023/11/09
TI  - How is Economic Literacy and Consumptive Behavior? Through the Role of Student Learning Outcomes in Economic Education in Jambi Province
BT  - Proceedings of the 5th Open Society Conference (OSC 2023)
PB  - Atlantis Press
SP  - 201
EP  - 213
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-290-3_18
DO  - 10.2991/978-94-6463-290-3_18
ID  - Riady2023
ER  -