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What financial dilemmas reveal about students’ social and mathematical understandings
Everyday financial dilemmas require us to draw on social, interdisciplinary, and mathematical understandings simultaneously and in synergy if we are to make informed financial decisions. Financial literacy is enjoying an elevated status across the Australian Curriculum. This paper reviews some of the literature on financial literacy, and describes aspects of a research project in which Year 6 students were presented with financial dilemmas to gain insights into their social and mathematical understandings and financial decision making. The findings suggest that teaching that provides meaningful contexts in which mathematical concepts are situated is critical to student learning.
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Mathematics Education Research Group of Australasia. Conference (36th : 2013 : Melbourne, Vic.)Series
Mathematics Education Research Group of Australasia ConferencePagination
602 - 609Publisher
Mathematics Education Research Group of AustralasiaLocation
Melbourne, Vic.Place of publication
Payneham, S. Aust.Start date
2013-06-30End date
2013-07-04Language
engPublication classification
E1.1 Full written paper - refereedCopyright notice
2013, MERGAEditor/Contributor(s)
Vicki Steinle, Linda Ball, Caroline BardiniTitle of proceedings
MERGA 2013 : Mathematics education: yesterday, today and tomorrow : Proceedings of the 36th annual conference of the Mathematics Education Research Group of AustralasiaUsage metrics
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