Skip to main content

ETHNOS_APP

Home • Search • Journals • List 0

Economic competencies as part of 21st century skills and their relevance to predicting the choice of a study program

Bibliographic Data

ID12737483
AuthorsMichael Jüttler (0000-0003-1803-3671, Zurich University of Applied Sciences, Switzerland, corresponding author), Stephan Schumann (University of Konstanz), Nicolas Hübner (0000-0003-3528-8086, University of Tübingen), Benjamin Nagengast (0000-0001-9868-8322, University of Tübingen)
Year2025
Volume24
Issue2-3
Pages182-214
Publication date2025-03-13
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueCitizenship Social and Economics Education (JOURNAL)
Journal identifiersISSN: 2047-1734 • E-ISSN: 2047-1734
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/14788047251314814
PMID41332925
OpenAlexW4408406771
LanguageEN
References cited83

The debate surrounding skills that young people will need in the future to master current national and global challenges is subject to a continuous, controversial process. A consensus has resulted in what are known as twenty-first-century skills. These skills aim to enable learners to form well-founded opinions and be educated to become responsible citizens. In this context, significant weight can be attributed to economic competencies, but it remains unclear what role economic competencies play in predicting study program choices. This paper provides a comprehensive discussion of economic competencies as a part of twenty-first-century skills and as a predictor for program choices. To achieve this, we analysed the economic competencies of 1397 Swiss students in different study programs. Based on multinomial regression models, our findings show that students in economics disciplines score higher in terms of economic knowledge and skills. However, considering motivational-affective dimensions of economic competencies, students in several other study programs have similar scores to those of economics students. This paper makes an important contribution regarding economic competencies as part of twenty-first-century skills and their domain-specificity when transitioning from secondary education to university

Economics education · Mathematics education · Political science · Primary education · Relevance (law · Sociology · Higher Education and Employability · Higher Education Research Studies · Labor market dynamics and wage inequality · Psychology

  • Components of Education 4.0 in 21st Century Skills Frameworks

    Open Access•Laura Icela González-Pérez, María-Soledad Ramírez-Montoya•Sustainability•2022

  • Gender Gap in Science, Technology, Engineering, and Mathematics (STEM)

    Open Access•Ming-Te Wang, Jessica L Degol•Educational Psychology Review•2017

  • Not Lack of Ability but More Choice

    Open Access•Ming-Te Wang, Jacquelynne S Eccles et al.•Psychological Science•2013

  • Does Financial Education Impact Financial Literacy and Financial Behavior, and If So, When?

    Tim Kaiser, Lukas Menkhoff•The World Bank Economic Review•2017

  • A comparative analysis of international frameworks for 21 st century competences

    Open Access•Joke Voogt, Natalie Pareja Roblin•Journal of Curriculum Studies•2012

  • Academic Self-Concept, Interest, Grades, and Standardized Test Scores

    Open Access•Herbert W Marsh, Ulrich Trautwein et al.•Child Development•2005

  • The Economic Importance of Financial Literacy

    Annamaria Lusardi, Olivia S Mitchell•Journal of Economic Literature•2014

  • The control of the false discovery rate in multiple testing under dependency

    Yoav Benjamini, Daniel Yekutieli•The Annals of Statistics•2001

  • Weighted Likelihood Estimation of Ability in Item Response Theory

    Open Access•Thomas A Warm•Psychometrika•1989

  • Structural and dynamic aspects of interest development

    Open Access•Andreas Krapp•Learning and Instruction•2002

  • Motivational Beliefs, Values, and Goals

    Jacquelynne S Eccles, Allan Wigfield•Annual Review of Psychology•2002

  • From expectancy-value theory to situated expectancy-value theory

    Open Access•Jacquelynne S Eccles, Allan Wigfield•Contemporary Educational Psychology•2020

  • Controlling the False Discovery Rate

    Open Access•Yoav Benjamini, Yosef Hochberg•Journal of the Royal Statistical…•1995

  • The theory of planned behavior

    Open Access•Icek Ajzen•Organizational Behavior and Human…•1991

  • The Four-Phase Model of Interest Development

    Suzanne Hidi, K Ann Renninger•Educational Psychologist•2006

  • St Century Competencies in Light of the History of Integrated Curriculum

    Open Access•Susan M Drake, Joanne L Reid•Frontiers in Education•2020

  • Addressing 21st-century digital skills in schools – Development and validation of an instrument to measure teachers' basic ICT competence beliefs

    Open Access•Charlott Rubach, Rebecca Lazarides•Computers in Human Behavior•2021

  • Initial teacher training for twenty-first century skills in the Fourth Industrial Revolution (IR 4.0)

    Open Access•Timothy Teo, Siobhan Unwin et al.•Computers & Education•2021

  • Wirtschaftswissenschaftliche Lerngelegenheiten als notwendiger Bestandteil der universitären Ausbildung von allgemeinbildenden Lehramtsstudierenden in der Domäne Wirtschaft

    Open Access•Christin Siegfried•Zeitschrift für Erziehungswissensch…•2019

  • Multiple Imputation for Nonresponse in Surveys

    Open Access•Donald B Rubin•Multiple Imputation for…•1987

  • Motivational pathways to STEM career choices

    Ming-Te Wang, Jessica L Degol et al.•Developmental Review•2013

  • Students’ achievement values, goal orientations, and interest

    Open Access•Allan Wigfield, Jenna Cambria•Developmental Review•2010

  • Self-determination theory and the facilitation of intrinsic motivation, social development, and well-being

    Richard M Ryan, Edward L Deci•American Psychologist•2000

  • Determinants of 21st-Century Skills and 21st-Century Digital Skills for Workers

    Open Access•Ester Van Laar, Alexander J A M Van Deursen et al.•SAGE Open•2020

  • Economic Education in U.S. High Schools

    Open Access•William B Walstad•The Journal of Economic…•2001

  • Effects of prior economic education, native language, and gender on economic knowledge of first-year students in higher education. A comparative study between Germany and the USA

    Sebastian Brückner, Manuel Förster et al.•Studies in Higher Education•2015

  • Psychological correlates of university students' academic performance

    Michelle Richardson, Charles Abraham et al.•Psychological Bulletin•2012

  • Is economics a man’s business? Exploring the long-term effects of the gender gap in economic competencies at the upper secondary level on students’ choice to study economics at university

    Open Access•Michael Jüttler, Stephan Schumann•Citizenship Social and Economics…•2019

  • Measuring Economic Attitudes in High School

    William B Walstad, John C Soper•Theory & Research in Social…•1983

  • Optimal Financial Knowledge and Wealth Inequality

    Annamaria Lusardi, Pierre-Carl Michaud et al.•Journal of Political Economy•2017

  • Achievement, agency, gender, and socioeconomic background as predictors of postschool choices

    Peter Parker, Ingrid Schoon et al.•Developmental Psychology•2012

  • A Multination Study of Socioeconomic Inequality in Expectations for Progression to Higher Education

    Open Access•Peter Parker, Philip D Parker et al.•American Educational Research…•2016

  • Why Students Choose STEM Majors

    Open Access•Xueli Wang•American Educational Research…•2013

  • A standard international socio-economic index of occupational status

    Open Access•Harry B G Ganzeboom, Paul M De Graaf et al.•Social Science Research•1992

  • The effect of the fit between secondary and university education on first-year student achievement

    Marjolein Torenbeek, Erik Jansen et al.•Studies in Higher Education•2010

  • A comprehensive meta-analysis of the predictive validity of the Graduate Record Examinations

    Nathan R Kuncel, Sarah A Hezlett et al.•Psychological Bulletin•2001

  • Measuring the levels of 21st-century digital skills among professionals working within the creative industries

    Open Access•Ester Van Laar, Alexander J A M Van Deursen et al.•Poetics•2020

  • From Major Preferences to Major Choices

    Open Access•N Quadlin•Sociology of Education•2020

  • Logistic Regression

    Carina Mood•European Sociological Review•2010

Citation velocityhistorical
Highly citedNo
Ethnos_APP • Open Source Project • MIT License • Frontend v2.0.0 • Privacy and Cookies • API Documentation: api.ethnos.app/docs • API Source Code: GitHub • DOI: 10.5281/zenodo.17049435 • Frontend Source Code: GitHub • DOI: 10.5281/zenodo.17050053 • cruz.rio.br • Expectantes Misericordiae