Economic Literacy and Public Perception towards Government Spending on Education in Malaysia

This study focuses on economic literacy and public perception towards government spending on education, especially for the 2013 Budget. The 2013 Budget demonstrates the Malaysian government’s commitment to make education a national priority in the budget. From 137 respondents, the results show that economic literacy among the public was moderate, and that they had positive perception on government spending on education. Moreover, they expected the government to improve and increase its contribution on education.