Economic education

Abstract

Economic education technically concentrates upon the scholarship of teaching economics. It involves the content to be taught, teaching methods, assessment of those methods, and knowledge of general interest to economics teachers in graduate school. In the current reality of market conditions, the survival and effective functioning of trade organizations is based on an appropriate information support system, the main elements of which are budgeting and control. The article focuses on educational aspects of budgeting as an effective tool to control a retail trade network. To meet that aim, analysis, synthesis, comparison, assessment, generalization methods are considered. It is concluded that the principle of the budgeting tool use in control depends on the company activity type directly. The requirements are set, according to which the effectiveness of this controlling tool is determined.

Keywords

• Economic education
• Economics
• Market conditions
• Teaching methods