Thursday, 5 February 2009

Philippines Education Department pushes financial literacy in secondary schools


Iloilo City -- Beginning academic year 2009-2010, public high school students will learn the basics of stock exchange and capital markets through the Department of Education and the Philippine Stock Exchange Module Development Project.

According to the DepEd press report, the project seeks to integrate relevant capital markets information in the Secondary Education Basic Education Curriculum through Teacher's Guide.

The proposed Teacher's Guide will give mentors real life situations on how the economy works. It will be prepared and validated by education specialists and experts in the field.

Topics that will be part of integration are the nature, importance and roles of the Philippine capital market and stock market in nation-building and development. These topics would be integrated in Economics, which is part of the fourth year curriculum of high school students in the beginning of academic year 2009-2010, the DepEd press report disclosed.

Students will also learn basic concepts of investing in the stock market including the benefits, risks and rewards of investing in the stock market. They will also be made aware of the objectives of the Philippine Stock Exchange as regulator of the country's stock market, the DepEd press report disclosed. (DepEd/PIA 6)

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