Abstract
Since the major financial crisis in 2008, Financial Education is getting an international recognition in Education. In Romania, the challenge to financially educate students is particularly important because the country is still adapting to a capitalist economy and most adults grew up under a communist economy. The elementary school national curriculum includes Financial Education embedded into the Mathematics Curriculum. In this book chapter, we present a qualitative study on the Mathematics textbooks approved by the Romanian Ministry of Education and used during the school year 2018–2019. We investigated the learning situations (tasks) proposed in the textbooks whose content had a connection to financial education. Three themes emerged from our analysis: no potential decision, potential decision and decision. In the third theme, decision, we sub-divided it into five categories: four of them related to simple decisions, and one related to complex decisions. Our results show that the tasks having a potential decision and those having a simple decision reflect practices of representational measurement. On the other hand, the complex decisions category, despite being rarer, reflects practices of pragmatic measurement. The tasks under this category are not only richer in regard to the making-decision opportunity, but also in regard to financial education.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Arthur, C.: Consumers or critical citizens? Financial literacy education and freedom. Critical Educ. 3(6) (2012). Retrieved from: http://ojs.library.ubc.ca/index.php/criticaled/article/view/182350
Căprioară, D.: Problem Solving - Purpose and Means of Learning Mathematics in School. Procedia Social Behav. J. 191, 1859–1864 (2015). ISSN: 1877-0428. http://www.sciencedirect.com/science/article/pii/S1877042815025926
Halpern, D.F.: Thought and Knowledge: An Introduction to Critical Thinking, 4th edn. Lawrence Erlbaum Associates, Mahwah (2003)
Hand, D.J.: Measurement: A Very Short Introduction. Oxford Academic: Very Short Introductions Online (2016). ISBN 9780198779568
Ministerul Educației Naționale (2013) Programa şcolară pentru disciplina Matematică și Explorarea mediului, Clasa pregătitoare, clasa I şi clasa a II-a. București. Retrieved from: http://programe.ise.ro/Portals/1/2013_CP_I_II/25_Matematica_explorarea_mediului_CP_II_OMEN.pdf
Ministerul Educației Naționale (2014) Programa şcolară pentru disciplina Matematică, Clasele a III-a–a IV-a. București. Retrieved from: http://programe.ise.ro/Portals/1/Curriculum/2014-12/21-Matematica_clasele%20a%20III-a%20-%20a%20IV-a.pdf
OECD: PISA 2015 Assessment and Analytical Framework: Science, Reading, Mathematic and Financial Literacy. PISA, Éditions OCDE, Paris (2016). http://dx.doi.org/10.1787/9789264255425-en
Paul, R., Elder, L.: Critical Thinking. Tools for Taking Charge of you Learning and your Life. Prentice Hall, Upper Saddle River (2001)
Savard, A.: Making decisions about gambling: the influence of risk on children’s arguments. Math. Enthusiast 12(1–3), 226–245 (2015)
Savard, A., Cavalcante, A., Turineck, L.-P., Javaherpour, A.: Epistemological considerations towards the concept of money in school: money as a unit of measurement. Numeracy (Submitted)
Swartz, R.J., Perkins, D.N.: Teaching Thinking: Issues and Approaches. Midwest Publications, Pacific Groves (1990)
ten Dam, G., Volman, M.: Critical thinking as a citizenship competence: teaching strategies. Learn. Instruct. 14(4), 359–379 (2004)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Căprioară, D., Savard, A., Cavalcante, A. (2020). Empowering Future Citizens in Making Financial Decisions: A Study of Elementary School Mathematics Textbooks from Romania. In: Flaut, D., Hošková-Mayerová, Š., Ispas, C., Maturo, F., Flaut, C. (eds) Decision Making in Social Sciences: Between Traditions and Innovations. Studies in Systems, Decision and Control, vol 247. Springer, Cham. https://doi.org/10.1007/978-3-030-30659-5_7
Download citation
DOI: https://doi.org/10.1007/978-3-030-30659-5_7
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-30658-8
Online ISBN: 978-3-030-30659-5
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)