Assessment of Financial Literacy Formation Methods in Mathematics Education: Financial Computation

Alma Abylkassymova,Zhomart Baysalov,Akhan Mubarakov,Zhannur Turganbayeva,Zhazira Yerkisheva

doi:10.3991/ijet.v15i16.14587

Abstract

Abstract— Learning the basics of financial computation to improve financial literacy of students in school mathematics is not enough to deepen modern eco-nomic knowledge and its correct application in life practice, which requires a more comprehensive view of the process of teaching mathematics. The purpose of the research – to prepare a teaching guide during the process of studying math-ematics in high school on the formation of financial literacy skills. Research methods - expertise and pedagogical experiment, theoretical, methodical and mathematical analysis of educational and methodical complexes and manuals, textbooks used in schools of the country, scientific and theoretical problems, philosophical, psychological and pedagogical, methodical and mathematical litera-ture aimed at teaching the basics of financial literacy in mathematics classes. Re-sults - methods of teaching the basics of financial statements in mathematics les-sons in high school will increase not only students' knowledge of mathematics, but also the level of knowledge about financial calculations and their interest in learning and their ability to read, the quality of knowledge acquisition and their ability to increase their financial literacy. The results of the study can be used to train future mathematics teachers in secondary schools and higher education institutions, to improve the teaching content and methodology of mathematics, and to improve the professional development of teachers.

Highlights

IntroductionFinancial literacy as an economic category is currently an object of study for domestic and foreign researchers
1.1 Relevance of the studyFinancial literacy is the main tool against poverty, one of the ways to reduce economic risks in the country [1].Financial literacy as an economic category is currently an object of study for domestic and foreign researchers
It should be noted that financial literacy can be formed when studying the course of economics, the basics of financial analysis in the process of pre-profile and professional training of students, and on the basis of a separate set of subjects studied in a secondary school

Summary

Introduction

Financial literacy as an economic category is currently an object of study for domestic and foreign researchers. The urgency of the problem of improving financial literacy has led to the fact that in modern scientific literature there are different definitions of this concept [2,3,4,5]. Much attention is paid to recent research and development aimed at improving financial literacy to prevent financial illiteracy [6,7]. It should be noted that financial literacy can be formed when studying the course of economics, the basics of financial analysis in the process of pre-profile and professional training of students, and on the basis of a separate set of subjects studied in a secondary school. It should be noted that in this case, mathematics has a special role to play, as it provides the basic apparatus for describing, modeling and forecasting various phenomena in economics and finance [8]

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Conclusion