Article Gold Open Access 2025

THE ECONOMICS AND BUSINESS ELECTIVE: TEACHERS' PERSPECTIVE

Zbornik Instituta za Pedagoska Istrazivanja
Journal · Vol. 57 · Issue 1 · pp. 53-74
Abstract

The education paradigm oriented towards key competence development has shaped national curricula across the world, including Serbia. In line with this trend, the academic year of 2020/21 saw the introduction of the Economics and Business elective into grammar schools. Considering that every educational change requires monitoring and evaluation to provide decision-makers with information based on research data, this paper presents the findings of a qualitative study conducted as part of a larger mixed-methods evaluative research project. The study aimed to provide a deeper insight into teachers’ opinions and experiences regarding certain characteristics of this elective program and its implementation in the third and fourth grades of grammar school in Serbia. It encompassed three semi-structured group interviews involving 19 teachers (55.6%) who taught this elective (six to eight respondents per group). A five-phase inductive-deductive qualitative analysis was conducted. Based on teachers’ narratives, three themes were identified pertaining to experience with implementing the Economics and Business elective: 1) Program Content Contributes to the Youth’s Quality of Life and Education; 2) Program Implementation is Dynamic, Comprehensive, and Supportive of Teacher Autonomy; 3) Challenges in Program Preparation and Implementation. Teachers recognized the contents encompassed by the Economics and Business elective as relevant to grammar school students’ education. Inquiry- and project-based learning constituted a didactic-methodical solution that afforded teachers greater organizational freedom and autonomy while simultaneously motivating students to be more engaged in class. The observed challenges and difficulties in implementing the program were mostly organizational. The paper features recommendations for further program improvement. © 2025 Institute for Educational Research. All rights reserved.

Keywords

Author Keywords

Evaluation Economics and Business elective program introduction grammar schools monitoring

Index Keywords

Author Affiliations
Institute for Educational Research, Belgrade, Serbia
Faculty of Economics and Business, University of Belgrade, Belgrade, Serbia
Funding & Acknowledgements
Ministarstvo Prosvete, Nauke i Tehnološkog Razvoja, MPNTR
Grant: 451-03-136/2025-03/ 200018
Note. This research was funded by the Ministry of Science, Technological Development and Innovation of the Republic of Serbia (Contract No. 451-03-136/2025-03/ 200018).
Ministarstvo Prosvete, Nauke i Tehnološkog Razvoja, MPNTR
Note. This research was funded by the Ministry of Science, Technological Development and Innovation of the Republic of Serbia (Contract No. 451-03-136/2025-03/ 200018).
References 10 References
1 Amagir, Aisa, A review of financial-literacy education programs for children and adolescents, Citizenship, Social and Economics Education, 17, 1, pp. 56-80, (2018)
2 Asarta, Carlos J., The features and effectiveness of the Keys to financial success curriculum, International Review of Economics Education, 16, PA, pp. 39-50, (2014)
3 Bingham, Andrea Jean, From Data Management to Actionable Findings: A Five-Phase Process of Qualitative Data Analysis, International Journal of Qualitative Methods, 22, (2023)
4 Bouley, Franziska, Professional Competence of Prospective Teachers in Business and Economics Education: Evaluation of a Competence Model Using Structural Equation Modeling, Peabody Journal of Education, 90, 4, pp. 491-502, (2015)
5 Brancewicz, Jack G., Impacts of ja BizTown on improving financial literacy among middle-school students, Journal of Economics and Economic Education Research, 15, 2, pp. 1-12, (2014)
6 Canning, Roy, A comparison of different pre-vocational curricula in seven European countries: Theoretical perspectives and policy implications, Fit for Business: Pre-Vocational Education in European Schools, 9783531190280, pp. 191-206, (2012)
7 Compen, Boukje, The role of teacher professional development in financial literacy education: A systematic literature review, Educational Research Review, 26, pp. 16-31, (2019)
8 Desimone, Laura M., Improving impact studies of teachers' professional development: Toward better conceptualizations and measures, Educational Researcher, 38, 3, pp. 181-199, (2009)
9 Desimone, Laura M., Best Practices in Teachers' Professional Development in the United States, Psychology, Society and Education, 7, 3, pp. 252-263, (2015)
10 Godisnjak Fakulteta Politickih Nauka, (2009)
Quick Actions
Full Text via DOI
Citation Metrics
1
Times Cited (Scopus)

References 10
Document Identifiers