Ilchenko Angelina, Xiang Xiao Gang and Stepanov Vladimir
Aivazian S.A. (2012). Analysis of the Quality of Life and Living Standards. Moscow: Science.
Aivazian S.A., Borodkin F.M. (2006). Social Indicators. Moscow: Unity-Dana.
Bakumenko L.P. (2011). Statistical Aspects of the Research of the Population LifeQuality. Yoshkar-Ola: MarSTU.
Feng XiaoTian, Yi SongGuo. (2000). The Quality of Family Life in Urban Areas: The Indicators and the Structure. Sociological Studies. (4), 107-118.
Ilchenko A. (2014). Integrated Estimation of
The level of economic thinking and financial culture of population should be considered one of the most important components of society’s economic life quality. Here, a key factor is economic and financial socialization of an individual, which can be achieved mainly by modelling appropriate training process technology to promote and ensure financial awareness at the early stages of training in high school and later on in colleges and universities. This paper focuses on one of the options of a unique subject matter (course) in Financial Education, for which testing started in 2008 and is successfully continuing in the Department of Business Management of Neri Bloomfield School of Design and Education (Haifa, Israel) against the backdrop of a multicultural environment. The study shows the dynamics of the formation of the main teaching methods of the new course. In parallel, we analysed the results of the final examinations of students to further adjust the content and pedagogy of the educational process. The results once again confirmed the urgent need to improve the financial literacy of students in accordance with the challenges of economics and culture in the twenty-first century.