ANGLE: A Network Game for Life-cycle Education
Research group: Macroeconomy and public finances Research began: 2020 Research ended: 2023 Sponsored by: The European Union through the Erasmus + program

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ANGLE: A Network Game for Life-cycle Education

ANGLE: A Network Game for Life-cycle Education

According to the latest OECD PISA and PIAAC reports there are still too many young people around the world who lack an adequate level of proficiency in financial topics, with likely negative consequences for their future. Economic and Financial Literacy (FL) is basic knowledge possibly acquired early in life, to make better informed and more effective individual financial decisions. FL encourages prudence in money management, saving and investment, or borrowing and debt management, thus preventing (possibly irreversible) mistakes. It also provides the basic principles for crucial changes in the life cycle, such as the transition from education to work as well as more effective individual participation in increasingly dynamic and technologically dominated labour markets.

The main objective of the ANGLE project is to promote and enhance the FL of younger generations. ANGLE takes a life-cycle perspective. This perspective is essential in helping younger people to consider a long-term horizon and to think about the future consequences of their decisions. The (inevitably stylised) life-cycle model includes four crucial decision points: to continue education or to work; to save and how to invest (conversely, to take up a debt); to buy or to rent a house; to continue work or to retire.

Moreover, the project focuses on ways in which knowledge can be acquired by using innovative educational technologies, such as games and on-line tools that allow learning through active involvement and participation. The main target group is represented by university students in the first years of higher education, differentiated by gender and socio-economic characteristics. ANGLE emphasises co-creating and co-constructing project outputs with the students to use an approach consistent with their language and take into account their needs, aspirations, and viewpoints. This approach (which has a specific focus on gender differences) is intended to promote financial and social inclusion, reaxhing young people who have had fewer opportunities or, disadvantaged backgrounds and are usually excluded by similar activities.

 

This project is a collaboration between ETLA Economic Research, CeRP – Collegio Carlo Alberto, the National Institute for Family Finance Information (Nibud), Palermo Urban Solutions Hub (PUSH), ST Skills Together Srls, Tilburg University, the Warsaw School of Economics and Université Paris Dauphine.

 

Webinar “Playing economics: innovative methods to spread financial literacy”

More information:

ANGLE Homepage

ANGLE FACTSHEET 1: IMPROVING YOUTH FINANCIAL LITERACY THROUGH GAMES

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