Abstract
The objective of economic education is to address economic issues within the students' community. Nonetheless, the actual situation remains significantly divergent from the anticipated objectives of economic education. Contemporary economic education remains conventional and theoretical, leading it to diverge from its primary objective of resolving the economic challenges faced by the local community. On the contrary, the community possesses cultural variety that ought to be used to enhance economic education through established local knowledge. A resolution is required to tackle the prevailing issues. An economic learning model grounded in local wisdom is a viable solution to address these challenges. Unfortunately, the locally derived wisdom-based economic learning model is constrained by insufficient knowledge. This study seeks to develop the learning model, simultaneously introducing a fresh aspect to the research. The theoretical frameworks of learning articulated by Lev Vygotsky and John Dewey support this conceptual investigation. The economic learning model built in local wisdom comprises five stages: reasoning, exploration, networking, discussion, and implementation. This learning method aims to enhance students' economic knowledge and abilities through relevant, meaningful learning that encourages social interaction, cultivates experiential learning, and incorporates local wisdom. The study suggests that this educational approach possesses significant potential for application in economic education. To guarantee the efficacy of this learning model, more measures are required, including field experiments and further development.
Keywords
Economic Learning Model, Local Wisdom, Lev Vygotsky,Metrics
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