Financial Numeracy in Mathematics Education: Research and Practice

This book emphasizes the importance of mathematics in teaching financial education, particularly for secondary mathematics teachers (grades 7-12). It conceptualizes financial numeracy as a social practice and discusses the teaching practices, resources, and needs of teachers to incorporate financial concepts in their classes. The editors and authors highlight the contribution of researchers from the field of education to the debate on financial education. The book appeals to an international audience, including researchers, stakeholders, policymakers, teachers, and teacher educators.

Format: Hardback
Length: 108 pages
Publication date: 28 August 2021
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the vital role of mathematics in the realm of financial education. By conceptualizing financial numeracy as a social practice, it specifically focuses on the teaching practices, resources, and needs of secondary mathematics teachers (grades 7-12) in incorporating financial concepts into their classrooms. The editors and authors of this publication present a novel perspective on mathematics education in the digital era, emphasizing the significance of financial numeracy as a crucial component of skills required in the modern world.

In contrast to most research in financial education originating from scholars in fields such as business, accounting, management, and economics, this book showcases the contributions of researchers from the education field to the ongoing debate. The book's appeal extends to an international audience, comprising researchers, stakeholders, policymakers, teachers, and teacher educators.

The book begins by exploring the historical background and significance of mathematics in financial education. It then proceeds to examine the challenges faced by secondary mathematics teachers in integrating financial concepts effectively. The editors and authors offer valuable insights and practical strategies to address these challenges, including the use of real-life examples, technology, and collaborative learning.

Furthermore, the book discusses the importance of financial literacy and its impact on individuals, society, and the economy. It explores the role of mathematics in developing financial literacy skills and provides examples of how mathematics can be used to teach financial concepts in a relatable and engaging manner.

The editors and authors also emphasize the significance of interdisciplinary collaboration in teaching financial education. They highlight the importance of partnerships between mathematics teachers, financial educators, and other stakeholders to create comprehensive and effective financial education programs.

Throughout the book, case studies and examples are provided to illustrate the practical applications of financial mathematics in various real-world scenarios. These examples help to reinforce the concepts and make them more accessible to students.

In conclusion, this book serves as a valuable resource for researchers, policymakers, teachers, and teacher educators interested in enhancing the teaching and learning of mathematics and finance. It provides a comprehensive and interdisciplinary approach to financial education, highlighting the importance of mathematics in developing financial literacy skills and promoting economic growth.

Weight: 360g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030735876
Edition number: 1st ed. 2021