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Keeping It Real: Information Literacy, Numeracy, And Economic Data, Diego Mendez-Carbajo, Charissa O. Jefferson, Katrina L. Stierholz
Keeping It Real: Information Literacy, Numeracy, And Economic Data, Diego Mendez-Carbajo, Charissa O. Jefferson, Katrina L. Stierholz
Numeracy
We describe a pedagogical strategy aimed at developing both quantitative and information literacy skills through a social justice lens. This lesson plan is suitable for a variety of high school and introductory college courses. The student learning goals associated with this pedagogical strategy span three intellectual domains: social justice, through a critical exploration of either the purchasing power of minimum wages across states or the earnings gap between men and women employed full time; numeracy, through the computation of ratios between variables with different rates of growth over time; and information literacy, through a series of activities …
The Ultimatum Game: An Introduction To Quantitative Literacy In A Social Justice Context, Robert G. Root
The Ultimatum Game: An Introduction To Quantitative Literacy In A Social Justice Context, Robert G. Root
Numeracy
The Ultimatum Game is a two-person, multiple-strategy game widely used in the experimental social sciences to demonstrate the human propensity for costly punishment in response to inequitable treatment. The game serves to provide quantitative evidence for a diversity of fairness norms across cultures. The play of the game and its interpretation offer nuanced views of the nature and importance of quantitative literacy. Its use in a writing seminar connecting quantitative literacy and social justice is described.
Actual And Self-Assessed Financial Literacy Among Employees Of A South African University, Gizelle D. Willows
Actual And Self-Assessed Financial Literacy Among Employees Of A South African University, Gizelle D. Willows
Numeracy
This study examines the level of financial literacy and self-assessed financial literacy amongst members of a South African tertiary institution’s retirement fund. Based on surveys of the fund’s members, I employ descriptive statistics and multivariate regression analyses to examine differences in financial literacy within and across groups. The results show that, despite working for an employer implementing many best practices identified by financial literacy advocates, respondents from all demographic subgroups possess relatively low levels of financial knowledge. Men, White respondents, and those with a higher cost of employment or higher educational attainment were more likely to have a higher level …