Home⇛Journal of Interdisciplinary Perspectives⇛vol. 2 no. 8 (2024)

Money Savvy: Development of an Instructional Module Integrating Financial Literacy in Teaching and Learning Business Mathematics

Dude Ryan O. Obamos

Discipline: Education

 

Abstract:

Financial literacy encompasses the awareness, knowledge, skills, attitude, and behavior necessary for making informed financial decisions and achieving financial well-being. This study utilized the ADDIE model, which includes the stages of Analysis, Design, Development, Implementation, and Evaluation. Data were gathered from learners, licensed financial advisors, and experts using validated and reliable instruments such as questionnaires, evaluation checklists, journals, and written interviews. Analysis methods included mean, standard deviation, rank, and thematic analysis. The findings revealed that learners exhibited a moderate level of financial literacy. Licensed financial advisors identified five specific Business Mathematics lessons where financial literacy could be effectively integrated. The resulting instructional module was evaluated based on its learning objectives, content, organization, presentation, format, design, activities, assessments, and integration of financial literacy. Experts rated the module as "Highly Acceptable," while learners found it "Acceptable." The module was praised for its uniqueness, interest, clarity, effectiveness, flexibility, and ability to enhance the understanding and application of mathematical concepts while promoting financial literacy. Consequently, it is deemed suitable for integrating financial literacy into Business Mathematics lessons. Further research is recommended to evaluate the module's impact on academic achievement and to develop similar instructional materials for other relevant subjects.



References:

  1. Anney, V. N. (2014). Ensuring the quality of the findings of qualitative research: Looking at trustworthiness criteria. Journal of emerging trends in educational research and policy studies, 5(2), 272-281.
  2. Bierbaum, R., Smith, J. B., Lee, A., Blair, M., Carter, L., Chapin, F. S., Fleming, P., Ruffo, S., Stults, M., McNeeley, S., Wasley, E., & Verduzco, L. (2013). A comprehensive review of climate adaptation in the United States: More than before, but less than needed. Mitigation and Adaptation Strategies for Global Change, 18(3), 361–406. https://doi.org/10.1007/s11027-012-9423-1
  3. Creswell, J. W., & Poth, C. N. (2016). Qualitative inquiry and research design: Choosing among five approaches. Sage publications.
  4. Curtin, M., & Fossey, E. (2007). Appraising the trustworthiness of qualitative studies: Guidelines for occupational therapists. Australian Occupational Therapy Journal, 54(2), 88–94. https://doi.org/10.1111/j.1440-1630.2007.00661.x
  5. Gunawan, J. (2015). Ensuring trustworthiness in qualitative research. Belitung Nursing Journal, 1(1), 10–11. https://doi.org/10.33546/bnj.4
  6. Kiarie, B., Gesimba, P., & Mwaura, P. (2019). Examining the effects of income generating activities on physical infrastructural development among public high schools in Molo Sub-County of Nakuru County, Kenya. East African Scholars Journal of Education, Humanities and Literature, 2(8), 495-503.
  7. Kipkoech, C. (2018). Determinants of implementation of income generating projects in public secondary schools in Konoin district, Bomet County, Kenya. Journal of Business and Management, 20(3), 64-68.
  8. Odundo, P. A., & Rambo, C. M. (2013). Effect of school-based income generating activities on the financial performance of public secondary schools in Kenya.
  9. Patangay, S., Park, J. C., Ghahari, E., McAnany, J. J., Vajaranant, T. S., & Hetling, J.R. (2017). Pattern electroretinogram responses from the far-peripheral retina (ring and sector stimuli) in healthy eyes and in eyes with glaucoma. Investigative Ophthalmology & Visual Science, 58(8), 5875-5875.
  10. Ugwu, I., & Nnebedum, C. (2018). Analysis of income generating activities of Anambra State Secondary School Principals as Funding Strategies in a Depressed Economy. UNIZIK Journal of Educational Management and Policy, 2(1), 131-138.

Tools

All Comments (1)


Copyright © 2024  KITE Digital Educational Solutions |  Exclusively distributed by CE-Logic