DEBT VS MONEY AS A COMMON GOOD – Mathematics for global citizenship -PiCaM

Publisher: Project in Citizenship and Mathematics

PDF

This activity supports a discussion amongst children with teachers about crisis and solidarity in the local setting and how it relates to economic crisis in society. The risk of debt and the consequences for people who borrow money are considered. The children then explore how money can be conceived of in terms of an alternative economy. They reflect on how mathematics may function both to produce debt but
also to reorganise money as a common good. The activity is grounded in group work in a collaborative project that critically explores the use of mathematics.

The activity is organised across four main tasks. The first task will focus on
discussing crisis and solidarity, the second on reading data about the economic crisis
in public media, the third on understanding how debt is produced when people get
loans and the fourth on exploring how life can be reorganised around different
conception of money in the local economy.

Global citizenship competences addressed:

 capacity to examine global issues (and their effects in local contexts)
 appreciate different perspectives & world views
 positive interactions with people who are different
 analytical & critical thinking skills
 communication & co-operation skills

Global citizenship content:
Crisis & solidarity as global & local social phenomena in various historical periods &
linked with economy; debt & the reorganisation of local economies around alternative
currencies; protecting & sharing common goods; the need for solidarity.

Mathematical content:
The use of mathematics in global & local economy contexts; data interpretation;
money, debt, simple & compound interest; percentages; alternative currencies

Approximately eight hours curriculum time or longer depending on options chosen.

 

Items available

    • PDF (free)
    • This activity supports a discussion amongst children with teachers about crisis and solidarity in the local setting and how it relates to economic crisis in society. The risk of debt and the consequences for people who borrow money are considered. The children then explore how money can be conceived of in terms of an alternative economy. They reflect on how mathematics may function both to produce debt but also to reorganise money as a common good. The activity is grounded in group work in a collaborative project that critically explores the use of mathematics. The activity is organised across four main tasks. The first task will focus on discussing crisis and solidarity, the second on reading data about the economic crisis in public media, the third on understanding how debt is produced when people get loans and the fourth on exploring how life can be reorganised around different conception of money in the local economy.
    • 2019
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    • No. of pages: 10
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