Teachers' financial literacy from a Swiss perspective

Abstract

In this chapter, we present findings on teachers' financial literacy from a Swiss perspective. Analyses of the curricula of different levels and types of Swiss schools reveal that financial literacy should be taught. However, the learning objectives and curriculum contents regarding financial literacy vary in terms of detail and duration. To teach financial literacy, teachers must have the appropriate knowledge. International empirical results show that teachers have low levels of economic and financial literacy. International empirical results for other subjects reveal that formal opportunities to learn provide teachers with content and pedagogical content knowledge to teach economic and financial literacy. However, Swiss teachers' education and training is currently subject to reforms and remains heterogeneous.