Document Type : Scientific - Research


1 - Ph.D. Student, Department of Educational Sciences, Urmia University, Urmia, Iran.

2 Department of Educational Sciences, Urmia University, Urmia, Iran

3 Professor, Department of Economic Sciences, Urmia University, Urmia, Iran



Financial literacy and understanding its concepts is of particular importance for students because the financial decisions made by them have a significant impact on their financial situation in the future. Based on this, the aim of the present study is to investigate the causal relationship between economics education and financial literacy, decision-making skills and entrepreneurial intention of students. This research is descriptive based on structural equation modeling in terms of applied purpose. The statistical population under study is 2733 students of Urmia University, of which 338 were selected by stratified random sampling. The tool for collecting research data is a questionnaire. For data analysis, the indicators of research variables were calculated using the multiple correlation analysis method by XLSTAT 2019 software, and then the target model was estimated using generalized structural equation modeling by Stata 17 software. The findings of the research showed that economics education has a positive and significant effect on students' financial literacy, and economics education through financial literacy has an effect on students' decision-making skills (risk preferences, social preferences and possible beliefs) and entrepreneurial intention of students. students. However, the moderating role of socioeconomic status in relation to economic education and financial literacy was not confirmed.