Pauline Prevett|María Pampaka|Valerie Farnsworth|Afroditi Kalambouka|Xin Shi
A Situated Learning Approach to Measuring Financial Literacy Self-Efficacy of Youth
setting new direction field highlighting importance measure development article offers original approach modeling financial literacy theories situated learning meet selfefficacy approach claim fits well aims program evaluation presents results validation new set measures intended use 16 19yearolds financial literacy selfefficacy pertaining contexts classroom everyday activity personal banking selfefficacy implies domain confidence measured specific contextin case financial literacy data collected united kingdom high school college students enrolled optional certificate course personal financial management measures validated subset n 171 larger sample offshoot project larger 3year evaluation study financial literacy certificate course n 2000 provided additional mixedmethods data used validation correlation analysis supports contentionincorporated within framework presentedthat selfefficacy contextspecific measures selfefficacy must adequately reflect contexts associated literacies reside