The Importance of Financial Literacy in a Math Course

 

The Importance of Financial Literacy in a Math Course

Aghajanyan Lusine

Summary

Key words: education, financial skills, teaching methods, experimental analysis, financial behavior, assessment, innovative approaches

Today, financial knowledge and skills have become a crucial factor for both individual and societal stability. The aim of this study was to assess how the integration of financial education into school mathematics courses contributes to the development of students’ mathematical knowledge and practical financial skills. The study was conducted at Yerevan’s Smbat Byurati School No. 125, involving students from grades 7-9 (a total of 120 students).

The research employed quantitative methods (surveys), experimental lessons, and group project work covering topics such as percentages, family budgeting, investments, loans, and financial decision-making. The results demonstrated that integrating financial topics into mathematics lessons led to an average increase of 35-40 % in students’ knowledge and skills. Group projects and the use of digital tools (Excel, Google Sheets) enhanced the interactivity of lessons, developed teamwork, analytical skills, and fostered practical financial thinking.

The findings highlight that including financial education elements in mathematics lessons not only strengthens theoretical knowledge, but also develops students’ practical skills, logical and critical thinking, responsibility, and social competencies. Therefore, financial education should be regarded as an essential component of modern school education, supporting students’ holistic development and preparing them to make independent and informed financial decisions.

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DOI: https://doi.org/10.58726/27382923-2025.2-108