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J. Korean Home Econ. Assoc > Volume 50(8); 2012 > Article
Journal of the Korean Home Economics Association 2012;50(8):21-40. doi: https://doi.org/10.6115/khea.2012.50.8.021
An Analysis of Financial Consumer Education in the Practical Arts (Technology·Home Economics) Curriculum and Textbook
Eun Jeung Kim
Joongdong Middle School
Corresponding Author: Eun Jeung Kim ,Tel: +82-70-7092-9341, Fax: +82-2-445-9882, Email: coronia3@nate.com
Received: July 31, 2012; Revised: August 10, 2012   Accepted: October 10, 2012.
ABSTRACT
This study is to respond to the urgent demands of both society and times on public schools in regards to training an educated person who can cope with the financial environment of this diversified modern society. Therefore, this study will explain the concept of Financial Consumer Education and its trends of several other countries. By focusing on the current state of Korean Financial Consumer Education, it will call attention to the needs of introducing Financial Consumer Education to the school curriculum in order to educate students about finance systematically. To support our viewpoint, this paper analyzed and organized the materials concerning Financial Consumer Education in two curricula (2007 and 2011 Revised National Curriculum), and in a Practical Arts (Technology·Home Economics) textbook of the 2007 revised version. Hence, the purpose of this study is to explore the desired direction and revitalization of Financial Consumer Education by analyzing the existing curricula. Even though the content of finance education begun from one of the subcategories of consumer education called ‘Financial Management,’the number of research about financial education through public education has been increased in response to the social and academic consensus. Therefore, we suggest the re-conceptualization of consumer education for financial education is necessary. Therefore, this paper suggests that Financial Consumer education in a Practical Arts (Technology·Home Economics) should not be regarded as only one of the components of Consumer Education. Instead, by raising it to the status of Financial Customer Education, it is required to teach the learners to improve their personal financial management skill as well as to help them achieve financial knowledge, skill, and attitude as financial consumer.
Keywords: financial-consumer education, Practical Arts (Technology·Home Economics) curriculum, financial consumer education
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