USING EFFECTIVE EDUCATIONAL VIDEOS TO PROMOTE FINANCIAL LITERACY AMONG ECONOMICS UNDERGRADUATES DURING LOCKDOWN
1 Sultan Idris Education University (MALAYSIA)
2 Malaysian Financial Planning Council (MALAYSIA)
About this paper:
Conference name: 16th International Technology, Education and Development Conference
Dates: 7-8 March, 2022
Location: Online Conference
Abstract:
The twenty-first century has seen technological improvement in a variety of fields. As a result, this trend has significantly impacted educational institutions, particularly higher education institutions and developing new learning environments. Online learning grows rapidly, especially during Covid 19 pandemic. Consequently, lecturers face a new challenge in these new norms because they are always the main person in charge of enriching and developing appropriate learning materials. Researchers believe that using videos in class was a success, particularly presenting concepts or teaching life skills such as financial literacy. The level of financial literacy of Malaysian is low. Young adults always spend beyond their means and have a lot of credit card debts and always declared bangkrupcy. The study aimed to examine the effect of using educational videos to promote financial literacy among economics undergraduates during lockdown. The financial knowledge and behaviour of the students after the intervention was measured. The quasi-experimental research was the research design of this study. A total of 210 students was employed as a sample in this study. The participants were divided into experimental groups and control groups randomly. The experimental group was outperformed in financial knowledge and behaviours in the open savings and investment accounts. A study that employs qualitative research might become the future research direction. Keywords:
Videos, financial literacy, economics undergraduates, interest, financial behaviour.