Although financial literacy in Switzerland is higher compared to other countries, it also faces challenges. While many institutions and firms offer financial literacy programs, the lack of a national strategy to coordinate these programs currently stands in the way of further improvements in financial literacy in Switzerland.
Economic and financial literacy is a fundamental life skill for finding one's way in today's complex world. Iconomix makes a valuable contribution to this by providing mostly experience-oriented teaching and learning materials. The following provides answers to two pertinent questions: Why and how?
Iconomix is now cooperating with MobLab, an educational platform with games and experiments for teaching economic concepts. Teachers who are registered with Iconomix can use 17 games and experiments for free.
Henrietta “Hetty” Green, famously known as the “Witch of Wall Street,” left an enduring mark on financial history. Upon her passing in July 1916, she was celebrated as the world's wealthiest woman, gathering a fortune equivalent to billions in today's terms.
An article from the financial education website bluetree provides insights into Hetty Green's extraordinary life and financial wisdom. We present a summary.
To the StoryAlthough financial literacy in Switzerland is higher compared to other countries, it also faces challenges. While many institutions and firms offer financial literacy programs, the lack of a national strategy to coordinate these programs currently stands in the way of further improvements in financial literacy in Switzerland.
To the story
Over the past decades, public debt has increased worldwide. Ricardo Reis, professor of economics at the London School of Economics, explains the reasons for this development and gives a prediction for the future course in a video. In this article we summarise the most important insights.
To the storyThe latest edition of the Economic trends publication, which is based on the SECO publication ‘Konjunkturtendenzen’/‘Tendances conjoncturelles’, is now available. The topics are the current economic situation and the outlook for Switzerland in 2023 and 2024.
For 2023, the Federal Government’s Expert Group forecasts below-average growth of 1.1% (adjusted for sporting events). The economic risks remain high.
To the unitOn IMF's “Women in Economics” podcast series, renowned Harvard economist and pioneer in the field of gender economics, Claudia Goldin, recently discussed key findings from her longstanding research on the gender pay gap.
To the storyAfter 25 years of low inflation, it has surprisingly risen sharply in the last 2 years. How did this happen? How should we assess the measures taken by the central banks? Ernst Baltensberger, Professor Emeritus of Macroeconomics at the University of Bern, answers these and other questions in an article.
To the articleFinancial literacy can be effectively improved through financial education. A new study shows that basic financial education is even more effective if common behavioral biases related to financial literacy are addressed.
To the storyThe debate about whether robots will one day replace human workers has become even more intense since the launch of new AI software such as ChatGPT. But how has digitization actually affected the labor market so far? Where have jobs disappeared and where have new ones been created?
A new study provides answers.
To the storyIn order to provide evidence of quality and to improve its educational offer over time, Iconomix uses formative evaluation. This evaluation method is derived from its mission, purpose and target group.
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