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What Do The Irish Know About Economics


  • Brian Lucey

    () (Institute for International Integration Studies, Trinity College Dublin)

  • Michael Daly

    () (Institute for International Integration Studies, Trinity College Dublin)


TWe undertake a first benchmark study of economic literacy in Ireland using a panel of 700+ adults to assess the economic knowledge of respondents. Sources of economic information are analysed and ranked in order of usefulness. Accuracy of response in each section is analysed across each demographic variable; variance in performance based on age, gender, education, work background and other factors is analysed thoroughly. A comparative analysis is then undertaken in order to contrast the economic literacy of Ireland established through our representative sample with that already established through similar investigation of other jurisdictions.

Suggested Citation

  • Brian Lucey & Michael Daly, 2013. "What Do The Irish Know About Economics," The Institute for International Integration Studies Discussion Paper Series iiisdp432, IIIS.
  • Handle: RePEc:iis:dispap:iiisdp432

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    References listed on IDEAS

    1. Angela Hung & Andrew Parker & Joanne K. Yoong, 2009. "Defining and Measuring Financial Literacy," Working Papers 708, RAND Corporation.
    2. Walstad, William B. & Rebeck, Ken, 2002. "Assessing the economic knowledge and economic opinions of adults," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(5), pages 921-935.
    3. Annamaria Lusardi, 2008. "Household Saving Behavior: The Role of Financial Literacy, Information, and Financial Education Programs," NBER Working Papers 13824, National Bureau of Economic Research, Inc.
    4. Annamaria Lusardi & Olivia S. Mitchell, 2017. "How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 1-31, September.
    5. Radu Vranceanu & Jérôme Barthélemy, 2011. "Knowledge in economics and economic reform : an analysis of French survey data," Post-Print hal-00592114, HAL.
    6. William B. Walstad, 1997. "The Effect of Economic Knowledge on Public Opinion of Economic Issues," The Journal of Economic Education, Taylor & Francis Journals, vol. 28(3), pages 195-205, September.
    7. Walstad, William B & Soper, John C, 1988. "A Report Card on the Economic Literacy of U.S. High School Students," American Economic Review, American Economic Association, vol. 78(2), pages 251-256, May.
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    More about this item


    economic literacy; economic indicators; surveys; Ireland; economics;

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General

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