Knowledge of financial literacy, including Islamic financial literacy which has been widely used in various financial products, intersects with several domain areas in mathematical concepts, especially in basic arithmetic which requires students to perform basic calculations before making the right financial decisions. This research aims to…

Economic literacy is critical for success in one's career and life. Such literacy has never been more relevant than today due to supply-chain issues causing product shortages, surging inflation, and rising interest rates. Discovery learning through active learning materials discussed in this article were employed with fifth and sixth-grade…

This paper studies how students' financial literacy affects their perceptions of returns to schooling and consequently their schooling decisions. We first propose a model of human capital accumulation where financially illiterate students exhibit a cognitive bias of "ironing heuristic." With this decision heuristic, students tend to…

The aim of this study is to investigate the presence of DIF over the gender variable with the latent class modeling approach. The data were collected from 953 students who participated in the PISA 2018 8th-grade financial literacy assessment in the USA. Latent Class Analysis (LCA) approach was used to identify the latent classes, and the data fit…

The authors of this article represent an interdisciplinary team that includes a literacy teacher educator, a high school economics teacher, a community-based math educator, and a math teacher educator. Responding to the needs and building from the strengths of the local community, we co-designed with youth a community-based FLE workshop that…

With this study we explored teachers' views on the role of economic and management sciences (EMS) in preparing learners for accounting in the Further Education and Training (FET) Phase. A qualitative research approach was employed along with the interpretivist paradigm to underpin the study. We used a qualitative case study approach to allow for…

Financial literacy is a knowledge and attitude about finance and is a 21st-century skill. As a knowledge, a cognitive factor of a person will impact their financial literacy skill. Through a bibliometric analysis study of 274 documents published from 1994 to 2022 in the Scopus database, we found that mathematics literacy is the cognitive factor of…

Background Study: English education has been promoted in Taiwan for many years. Recently, content and language integrated learning (CLIL) has received attention as an effective way to integrate English into real-life contexts. With advances in technology, digital storytelling is suitable for students to develop multiple skills such as narrating…

More than half of U.S. states have enacted policies to expand financial literacy education in schools with kindergarten through grade 12 (K-12) with the goal of improving students' financial literacy skills. Although financial literacy education can be key to building long-term financial capabilities and well-being, more information is needed on…

RAND researchers conducted a study that aimed to fill the information gap on how to successfully implement a statewide financial education mandate by studying the implementation of Nevada's 2017 financial literacy education reform. The study focused on the reform enacted by the Nevada Legislature in 2017, Senate Bill 249, which required that…

The proposed revisions to the "Australian Curriculum: Mathematics" highlight the importance of learning to mathematise, problem-solve and reason in real world contexts, including financial contexts. Through the Economics + Maths = Financial Capability research project, the authors have been imagining fresh ideas for connecting the…