IMPROVING FINANCIAL LITERACY AS A COMPONENT OF DEVELOPMENT ECONOMIC THINKING OF THE POPULATION

Abstract

In the article the urgency of formation and development of economic thinking of the population in conditions of market economy; shown to competently and efficiently perform the operations for saving and investing personal funds, one need to train citizens in financial literacy as a component of economic thinking; it is revealed that economic thinking acts as a knowledge of the essence of economic processes and phenomena on the basis of abstraction, analysis, synthesis and comparison. The work determines that the development of economic thinking population should be realized through financial literacy level of the municipality. The authors propose a scheme for the development and implementation of programs to improve financial literacy at the level of district (city) municipality and propose organizational and pedagogical activities to promote higher level of financial literacy of the population of the municipality. It is concluded that the use of financial instruments will contribute to the effective achievement of personal goals related to income generation, risk protection and cost management.