The state of economic knowledge and its importance in the opinion of young Poles

Economic knowledge is a sub-discipline of the economics of knowledge. Over the past decade, its importance has increased due to the turbulence of the environment and its impact on economic processes. Lack of or insufficient economic knowledge limits the ability of economic entities to make the right decisions therefore such knowledge becomes a more and more desired resource by them. In connection with the above, an attempt was made to examine the level of economic knowledge of young Poles from the Z generation and to analyze economic knowledge as a determinant of economic decisions. The main research goal is: By using scientific procedures and applying the appropriate methodology, examine and know the level and the role of economic knowledge, which in the students’ opinion it has the greatest impact on making proper economic decisions. The above considerations became the basis for formulating the following research hypothesis: Economic knowledge determines the rationality of economic decisions. To achieve the formulated goal and verify the research hypothesis, focus studies on the group of students of economics and psychology were carried out.