Financial Literacy and the COVID-19 Outbreak

March 24th, 10 am NY; 3 pm Vienna; 4 pm Vilnius

The Department of Social Sciences at the European Humanities University (EHU) together with Professor Panu Kalmi hosts a webinar on “Financial Literacy and the COVID-19 Outbreak” for students, prospective students and everyone who might be interested.

Financial literacy is a very important skill because it helps individuals to make effective and deliberate financial decisions. Nowadays, during the COVID-19 outbreak, the topic of financial literacy is even more relevant than ever before. The pandemic treats different people very differently, depending on their education, profession and financial literacy.

The webinar will cover:

• Financial literacy and how it is related to different economic outcomes, especially to preparation for adverse economic shocks;
• The empirical evidence of the importance of financial literacy in the COVID-19 shock;
• Changes in consumer behavior in the United States and Europe due to COVID-19 outbreak;
• Advice on how individuals can improve their financial preparedness for economic shocks.

Panu Kalmi is a Professor of economics at the University of Vaasa, Finland; the vice leader of the Digiconsumers research project and a council member of the European Association of Economics Education. He has a Ph.D. in economics at Copenhagen Business School. The main research interest of Professor Panu Kalmi is financial literacy and how it can be improved by financial education.

The event will be moderated by EHU MA student Viyaleta Volkavam, in English.
This is an online event. Join via Zoom.

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Time: 10:00 am – 11:30 am

Location: Online Event