The OECD claims that financial literacy is a significant skill in participating in modern society. Pupils should be improving their financial knowledge as early as possible to become active agents of their abilities to plan simple finances. Kids should learn how to plan their spendings and savings and how to build responsible financial behavior.
Uganda became the fourth country in the world that joined Lithuania and started teaching economics using material provided in the award-winning economics textbook created by the Lithuanian Free Market Institute (LFMI).
Published in 2015 by the Lithuanian Free Market Institute, the economics textbook Economics in 31 Hours has transformed the way of teaching and learning economics in Lithuania. Already in its fifth edition, the textbook has reached over 53 thousand students in 463 secondary schools and nearly 500 teachers.
Evaluated for Economics in 31 Hours curriculum, its success, efficiency and itspartnership with the Atlas Network in promoting the European Academy for Intellectual Entrepreneurs, LFMI ranks among world-famous institutions and organisations.
London, March 14, 2017. Lithuanian Free Market Institute’s economics textbook for upper secondary schools Economics in 31 Hours receives the Educational Learning Resources Award at the London Book Fair’s International Excellence Awards, becoming first Lithuanian publication to ever receive this award from the world’s leading publishers.
The Lithuanian Free Market Institute was shortlisted among three finalists for this year’s award for its textbook for upper secondary school students Economics in 31 Hours. The Educational Learning Resources Award recognizes excellence in innovation, pedagogical value and practicality of educational resources.
LFMI was named one of six finalists for this year’s Templeton Freedom Award for its textbook of economics – Economics in 31 Hours – that is giving the next generation of Lithuanian youth a fighting chance to get the economics right by teaching how property rights, free exchange, profit and competition shape decision-making in our everyday lives.
The Lithuanian Free Market Institute has launched a unique interactive teaching platform for teachers of economics at www.ekonomikosvadovelis.lt. This one-of-a-kind platform in Lithuania that encompasses a variety of features including video lessons, interactive tasks, a dictionary of economic terminology and other practical material is a part of LFMI’s brand new textbook on economics – Economics in 31 Hours.