The Influence of Economic Literacy on Consumptive Behavior of Pharmacy Students, Faculty of Mathematics and Natural Sciences, Cenderawasih University in Online Stores

Authors

  • Westi Setiati Program Studi Binis Digital, Fakultas Ilmu Administrasi dan Bisnis, Institut Swadiri
  • Yulita Flaviana Bahy Program Studi Binis Digital, Fakultas Ilmu Administrasi dan Bisnis, Institut Swadiri
  • Asdiana Dua Sumban Program Studi Binis Digital, Fakultas Ilmu Administrasi dan Bisnis, Institut Swadiri
  • Chard Wali Program Studi Binis Digital, Fakultas Ilmu Administrasi dan Bisnis, Institut Swadiri
  • Melpin Kasipmabin Program Studi Binis Digital, Fakultas Ilmu Administrasi dan Bisnis, Institut Swadiri

Keywords:

consumer behaviour, Economic literacy, students, online stores

Abstract

Consumptive behavior among students is an increasingly important issue to study, considering that this age group is in a transition phase from financial dependence to independence. One important factor that is thought to influence student consumption behavior is economic literacy. Economic literacy is an individual's knowledge and skills in understanding basic economic concepts, such as money management, savings, investment, and making wise financial decisions. It is important to conduct this research to identify the extent to which economic literacy influences students' consumptive behavior in online stores. The sample consisted of 50 students majoring in Pharmacy, Faculty of Mathematics and Natural Sciences. Data collection used a questionnaire with 20 questions. The data obtained will be analyzed using multiple linear regression and classical assumption tests and hypothesis testing will be carried out. The R Square value obtained was 0.113. This means that the influence of economic literacy on the consumer behavior variable is 11.3% and 88.7% is influenced by other variables.

Downloads

Download data is not yet available.

References

Budiwati, N., Hilmiatussadiah, K., Nuriansyah, F., & Nurhayati, D. (2020). ECONOMIC LITERACY AND ECONOMIC DECISIONS. Jurnal Pendidikan Ilmu Sosial, 29, 85-96. https://doi.org/10.17509/jpis.v29i1.21627.

Blichfeldt, B., & Gram, M. (2013). Lost in Transition? Student food consumption. Higher Education, 65, 277-289. https://doi.org/10.1007/S10734-012-9543-2.

Choshin, M., & Ghaffari, A. (2017). An investigation of the impact of effective factors on the success of e-commerce in small- and medium-sized companies. Comput. Hum. Behav., 66, 67-74. https://doi.org/10.1016/j.chb.2016.09.026.

Dilek, S., Kesgingöz, H., Konak, A., & Halicioğlu, S. (2018). Factors Affecting Economic Literacy. Afro Eurasian Studies. https://doi.org/10.33722/AFES.475575.

Firdaus, A., & Pusposari, L. (2022). The Influence of Economic Literacy and Lifestyle on the Consumptive Behavior of Students. J-PIPS (Jurnal Pendidikan Ilmu Pengetahuan Sosial). https://doi.org/10.18860/jpips.v8i2.15260.

Goczek, Ł., Witkowska, E., & Witkowski, B. (2021). How Does Education Quality Affect Economic Growth?. Sustainability, 13, 6437. https://doi.org/10.3390/SU13116437.

Garg, N., & Singh, S. (2018). Financial literacy among youth. International Journal of Social Economics, 45, 173-186. https://doi.org/10.1108/IJSE-11-2016-0303.

Islam, M., & Mojumder, M. (2020). Online Store using E-Commerce and Database Design and Implementation. International journal of engineering research and technology, 9.

Joireman, J., & Durante, K. (2016). Editorial overview: Consumer behavior. Current opinion in psychology, 10. https://doi.org/10.1016/J.COPSYC.2016.06.011.

Jizdan, A. (2023). Comparative Analysis of Trade through Online and Stationary Stores. Economica. https://doi.org/10.53486/econ.2023.123.089

Kumar, G., & P, D. (2022). Consumer behaviour towards online shopping. Journal of Management and Science. https://doi.org/10.26524/jms.12.27.

Kedah, Z. (2023). Use of E-Commerce in The World of Business. Startupreneur Business Digital (SABDA Journal). https://doi.org/10.33050/sabda.v2i1.273.

Lyn, S., & Sahid*, S. (2021). Economic Literacy and Its Effects on Students’ Financial Behavior at Malaysian Public University. International Journal of Academic Research in Business and Social Sciences. https://doi.org/10.6007/ijarbss/v11-i8/10551.

Martin, S. (2022). Self-Regulatory and Compensatory Eating Behaviors Related to Alcohol Among College Students. Current Developments in Nutrition, 6, 381 - 381. https://doi.org/10.1093/cdn/nzac054.036.

Mustakim, N. (2020). Factors Affecting Consumer Online Purchasing Behavior: A Review. International Journal of Advanced Trends in Computer Science and Engineering. https://doi.org/10.30534/ijatcse/2020/7791.42020.

Mutari, E., & Figart, D. (2023). Economic Literacy as a Tool for Advocacy. Journal of Social Work Education, 59, S135 - S147. https://doi.org/10.1080/10437797.2023.2193614.

Mou, J., & Benyoucef, M. (2021). Consumer behavior in social commerce: Results from a meta-analysis. Technological Forecasting and Social Change, 167, 120734. https://doi.org/10.1016/J.TECHFORE.2021.120734.

Năsui, B., Ungur, R., Talaba, P., Varlas, V., Ciuciuc, N., Silaghi, C., Silaghi, H., Opre, D., & Pop, A. (2021). Is Alcohol Consumption Related to Lifestyle Factors in Romanian University Students?. International Journal of Environmental Research and Public Health, 18. https://doi.org/10.3390/ijerph18041835.

Nurhayani, N., Nurwahida, N., & Ramli, S. (2023). The Effect of Financial Literacy on Consumptive Behavior of Economics Education Students of the Faculty of Economics Universitas Negeri Makassar. Journal of Economics, Entrepreneurship, Management Business and Accounting. https://doi.org/10.61255/jeemba.v1i2.72.

Pocol, C., Marinescu, V., Amuza, A., Cadar, R., & Rodideal, A. (2020). Sustainable vs. Unsustainable Food Consumption Behaviour: A Study among Students from Romania, Bulgaria and Moldova. Sustainability. https://doi.org/10.3390/su12114699.

Patel, J., Modi, A., & Paul, J. (2017). Pro-environmental behavior and socio-demographic factors in an emerging market. Asian Journal of Business Ethics, 6, 189-214. https://doi.org/10.1007/S13520-016-0071-5.

Reichert-Schlax, J., Zlatkin‐Troitschanskaia, O., Happ, R., Yamaoka, M., Asano, T., & Abe, S. (2022). Economic literacy among beginning higher education economics students in Japan and Germany and its socio-demographic influencing factors. Research in Comparative and International Education, 17, 281 - 300. https://doi.org/10.1177/17454999211057621.

Remeșovschi, N., & Andritchi, V. (2023). Implications of the demographic and economic factors on consumer behavior. Strategii si politici de management in economia contemporana. https://doi.org/10.53486/icspm2022.44.

Surindra, B. (2022). The Influence of Economic Literacy and Digital Literacy on Consumptive Behaviour of Students. International Journal Of Humanities Education and Social Sciences (IJHESS). https://doi.org/10.55227/ijhess.v1i5.143.

Septiani, D., Syahza, A., & Riadi, R. (2023). The Effect of Financial Literacy and Peers on Consumptive Behavior in Students of the Economic Education Study Program, University of Riau. JETISH: Journal of Education Technology Information Social Sciences and Health. https://doi.org/10.57235/jetish.v2i2.782.

Sadiku, K., Mjaku, G., & Qarri, A. (2023). Consumer Behavior in Decision Making - What Are the Factors?. International Journal of Membrane Science and Technology. https://doi.org/10.15379/ijmst.vi.1257.

Tekbaş, M. (2021). An Empirical Research on the Factors Determining Economic Literacy Level. MANAGEMENT AND ECONOMICS REVIEW. https://doi.org/10.24818/mer/2021.06-08.

Trandafilović, I., Conić, V., & Blagojevic, A. (2017). IMPACT OF DEMOGRAPHIC FACTORS ON ENVIRONMENTALLY CONSCIOUS PURCHASE BEHAVIOR. Ekonomika Poljoprivrede (1979), 64, 1365-1377. https://doi.org/10.5937/EKOPOLJ1704365T.

Venkatesh, V., Speier, C., & Schuetz, S. (2022). Why do people shop online? A comprehensive framework of consumers' online shopping intentions and behaviors. Inf. Technol. People, 35, 1590-1620. https://doi.org/10.1108/itp-12-2020-0867.

Wagner, G., Schramm-Klein, H., & Steinmann, S. (2020). Online retailing across e-channels and e-channel touchpoints: Empirical studies of consumer behavior in the multichannel e-commerce environment. Journal of Business Research, 107, 256-270. https://doi.org/10.1016/J.JBUSRES.2018.10.048.

Yao, P., Osman, S., Sabri, M., & Zainudin, N. (2022). Consumer Behavior in Online-to-Offline (O2O) Commerce: A Thematic Review. Sustainability. https://doi.org/10.3390/su14137842.

Yong, S., Huan, R., Poh, W., Osman, M., & Ng, D. (2023). Assessing the Factors Influencing Consumer Behaviour in E-Commerce Platforms. International Journal of Multidisciplinary: Applied Business and Education Research. https://doi.org/10.11594/ijmaber.04.10.25

Zhao, J., Xue, F., Khan, S., & Khatib, S. (2021). Consumer behavior analysis for business development. Aggression and Violent Behavior, 101591. https://doi.org/10.1016/J.AVB.2021.101591.

Downloads

Published

2024-10-10

How to Cite

The Influence of Economic Literacy on Consumptive Behavior of Pharmacy Students, Faculty of Mathematics and Natural Sciences, Cenderawasih University in Online Stores. (2024). Jurnal Intelek Insan Cendikia, 1(8), 3471-3478. https://jicnusantara.com/index.php/jiic/article/view/1101