FINANCIAL LITERACY LEARNING ELEMENT
The Learning by Design framework and pedagogical approaches rely heavily
on student agency (taking charge of their learning) and prior knowledge with a view to critically and analytically approach the topic of financial literacy. Accessing prior knowledge helps address diversity. The unit of work covers broad ground; basic economics, advertising, consumer choice and budgeting. A variety of graphical organizers are used to gather a snap shot of student learning and to guide thinking. Cooperative learning strategies are used to support underperformers. Timed activities are used to ensure an engaging pace and students are initially hooked in by generating their own ‘income’ from completing the set tasks. The teacher thereby constructs a mini economy by paying and taxing students. The emphasis is on showing rather than telling and students are encouraged to question and discuss along the way.
Financial Literacy learning_element
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