ERIC Number: EJ1177253
Record Type: Journal
Publication Date: 2018-Jun
Pages: 22
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1033-2170
EISSN: N/A
Exploring the Classroom Practices That May Enable a Compassionate Approach to Financial Literacy Education
Blue, Levon Ellen; O'Brien, Mia; Makar, Katie
Mathematics Education Research Journal, v30 n2 p143-164 Jun 2018
From an early age, children are faced with financial dilemmas and are expected to make effective financial decisions about money. In this paper, we explore the classroom practices that may enable a compassionate approach to financial literacy education. We observed an inquiry-based mathematics lesson in a Year 4 primary school classroom. The financial maths task asked students to decide on the best fundraising option for the school. We used the theory of practice architectures to analyse the interactions in the classroom in order to understand what may have enabled and constrained classroom practices. We found that classroom practices such as engaging with peers through positive and collaborative learning opportunities, making ethical, social and mathematical connections of the task, and considering the impact of financial decisions on others may enable a compassionate approach to financial literacy education.
Descriptors: Classroom Techniques, Money Management, Inquiry, Mathematics Instruction, Grade 3, Elementary School Students, Elementary School Mathematics, Fund Raising, Teaching Methods, Decision Making, Knowledge Level, Consumer Education
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Grade 3
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A