Family Economics and Management
Family Economics and Management encompasses the interdisciplinary study of financial decision-making within the context of the family unit. This field integrates knowledge from various disciplines, including home economics education, education research, and family studies. It focuses on understanding how families manage their resources, make financial decisions, and navigate economic challenges to promote overall well-being. Practitioners in this field aim to empower individuals and families with the knowledge and skills necessary to make informed decisions about their finances, plan for future financial needs, and achieve financial stability. This category also includes research on the impact of education level and financial literacy on family economic outcomes.