This is indeed a pleasant news for today. Department of Education approved stock market lessons for public and private high school students.
The modules were designed to teach basics of stocks exchange and capital markets, and to promote financial literacy and investment consciousness among the youth. It is likely to be included in Technology and Livelihood Education or Makabayan subjects for first to fourth year.
Students will also be taught basic concepts of investing, including the benefits, risks and rewards of investing in the stock market and capital market, as well as the objectives of the PSE as regulator of the country’s stock market.
As stated in the DepEd website, the lessons will be integrated in Economics,
which is part of the fourth year curriculum of high school students in the beginning of academic year 2009-2010. Source: Yahoo News and Sun.Star
I personally think this is beneficial for both students and the Philippine economy since financial literacy is starting to be taught among the youth.
Like what I say in my previous posts, financial education is important in order to build one's wealth.
These students are very lucky to have been given the opportunity to learn at a young age so don't be surprised if you meet teenagers who are already stock market investors.
The future of the Philippine Stock Market looks very bright with this new development. So cheers to DepEd and PSE! :)
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