Economic Education as a Foundation for Macroeconomic Stability: Unveiling the Mediating Role of Financial Literacy

Macroeconomic stability is a vital foundation for sustained economic growth; however, the mechanisms by which economic education influences aggregate stability have not been fully mapped. This study aims to examine the influence of economic education on macroeconomic stability, with financial literacy as a mediating variable and digital financial inclusion as a moderating variable. Employing a quantitative explanatory approach, data were collected from 400 respondents of productive age in Indonesia through structured online surveys (September-November 2025). Data analysis utilised Partial Least Squares - Structural Equation Modelling with SmartPLS 4.0. Results demonstrate that economic education positively and significantly influences macroeconomic stability (β=0.215, p=0.001). Financial literacy was partially confirmed to mediate this relationship (β=0.340, p