Prior studies often misinterpreted economic literacy concepts, constructs, and psychometric properties as related but distinct ideas. This often led to inaccurate measurement choices and poor generalisation of research outcomes. This research investigates economic literacy's conceptual clarity, factors influencing it, psychometric properties of measures, and suggests suitable instruments for its assessment. The PRISMA protocol was used in the study, while data were collected from WOS, Scopus, and Google Scholar. Out of the 126 publications from 2014 to 2023, 24 studies met inclusion criteria. The quality of the articles that met the inclusion criteria was assessed using MMAT tools. The result indicated that the measurement of economic literacy's depends on theoretical perspectives. Psychometric qualities of economic literacy assessment are influenced by theoretical perspectives, social context, and the chosen unit of analysis. Additionally, criterion-based measurements tend to focus on.....

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This study delves into the powerful role of economic literacy in sparking public pedagogy and fostering civic engagement. It examines how formal education, innovative teaching strategies, and active public discourse can work together to enhance individuals' economic understanding and participation in society. The study is guided by the PRISMA protocol. The study identified 31 high-quality studies that meet the criteria of relevance, methodological rigor, and recent publication. The study focuses on exploring the role of economic literacy in promoting public pedagogy by addressing three key areas: identifying effective teaching strategies that foster economic literacy, examining classroom environments that extend economic literacy into public pedagogy, and investigating how classroom-based economic literacy programs influence students' engagement in public economic discourse. The review reveals that economic literacy enhances public engagement and drives greater participation in economi.....

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