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K-12 Evaluated Resource Collection

How Money Works: The Facts Visually Explained

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Author/Publisher/Website: DK Publishing
Copyright: 2017
Evaluation/Record Entry Date: Nov/2019
Submitting suppliers/Website: Not Available
Primary Identifier: 9781465444271
Recommended Grades and Subjects/Courses: 7-12
(View recommended grades and subjects) Mathematics

Resource Description

This visual reference book is a user-friendly guide to understanding money and key financial concepts. Easy-to-navigate and full of colourful graphics, “How Money Works” provides readers with information on a variety of economics and financial literacy topics, delivered in a highly visual and accessible format. Suitable for students in Grade 7–12, this resource may be of particular use to those studying financial literacy and financial planning topics such as budgeting, investments, and loans. This resource may also provide relevant material to complement or follow-up on financial lessons or topics covered in the classroom.

CURRICULUM FIT

Does the resource support BC curriculum?
Extensively
This product supports the Core Competencies of the BC curriculum:
Critical thinking
Personal Awareness and Responsibility
Comments:
This book has extensive resource and reference materials related to many parts of the Math curriculum. These include financial literacy and financial planning topics such as budgeting, investments, and loans.

SOCIAL CONSIDERATIONS

Social Considerations Comments:
As this book is strictly related to economics and financial literacy, there are no social considerations

GENERAL CONTENT

Content
Is the resource engaging?
Moderately
Is the content current for the intended curriculum and grade?
Moderately
Is the content accurate for the intended curriculum and grade?
Extensively
Is the content timely and important for student broad understandings?
Moderately
Audience:
Is the content appropriate to the emotional maturity and cognitive level of students?
Extensively
Does the resource provide opportunities for creative and critical thinking?
Moderately
Can the content be differentiated?
Moderately
Can reading level be adjusted?
Not at all or slightly
Is the level of detail appropriate?
Moderately
Is the language use appropriate to the emotional maturity and cognitive level of students?
Moderately
Comments:
This resource uses interesting graphics to engage the reader and relates the information in an accessible way for high school students. The text is written at an appropriate level for high school students and the graphics supporting it are effective in helping the reader's general understanding of the topics. ELL students may need additional help from the classroom teacher. Many topics are presented as an overview of information, and there are few detailed examples of topics. There are no opportunities to practice calculations related to those topics. Some of the content like the Managing State Finance sections will not be useful to Canadian students.

TECHNICAL DESIGN

Does the resource make effective use of the medium?
Extensively
Is the location of illustrations appropriate?
Extensively
Is the resource easy to use?
Extensively
Is the use of font, text size and presentation uniform?
Extensively
Are extraneous elements/illustrations kept to a minimum?
Moderately
Comments:
Each page of this book is full of graphics that help explain the concepts it is covering. Students who struggle with reading may need some assistance from the teacher to follow the graphics in a logical manner. “Need to Know” topics that are in the margins highlight key points, and the useful illustrations throughout create a user-friendly experience for text-based information.

INSTRUCTIONAL DESIGN

Is the instructional design effective and appropriate for the intended audience?
Moderately
Is the resource suitable for a wide range of learning and teaching styles?
Moderately
Are the instructional elements consistent with the purpose of the resource?
Moderately
Are the concepts clearly explained?
Extensively
Does the progression in learning go from the simple to the complex?
Moderately
Are the content chunking and sequencing appropriate?
Extensively
Does the resource provide multiple strategies to help learners construct meaning?
Moderately
Does the resource support the transfer of learning to personal or applied contexts?
Extensively
Comments:
This resource would provide additional material to complement or follow-up on financial lessons or topics. The teacher would want to ensure that the students have some knowledge of the general terms and concepts before introducing this resource. This resource is nicely separated into topics within chapters and the thorough table of contents allows for ease of navigation. As it is a secondary resource book, there is no expectation of lesson plans or opportunities to demonstrate learning, so no practice or assessment tools are included. It offers explanations of topics to further students' understanding of concepts, but it does not offer learners opportunities to engage in sample scenarios.

PRINT CLASSROOM

Does the reference cover topics with sufficient depth for the intended audience?
Moderately
Does the classroom reference have a bibliography and footnotes?
Not at all or slightly
Are the subject area list and/or subtopics extensive?
Moderately
Does the resource broaden students’ experiences and understandings?
Moderately
Does the resource make effective use of visual elements?
Extensively
Are the images compelling?
Extensively
Descriptors:
Student research tools
Secondary reference material such as summaries or reviews of research
Comments:
This is a good visual reference book that makes use of graphic organizers and pictures throughout that will engage the reader. It is well organized and easy to navigate. There are no explicit footnotes or bibliography. There are some references and credits included throughout the book (usually on images). There is an extensive Acknowledgements section at the end. The book also includes a detailed Table of Contents and Index. There are some external links, but as they are all for American financial institutions, they are not applicable to BC curriculum.

ADDITIONAL COMMENTS

Readability:
At intended grade level(s)
Comments:
There are no additional guides or materials for this book.

SUGGESTED CLASSROOM USAGE

Comments:
This book will serve as a secondary classroom reference for students, and it includes interesting graphics and examples related to financial literacy topics. Students working on math projects could use this resource to promote their understanding of topics related to finances. This resource relates specifically to curricular content for Grade 7 (taxes), Grade 8 (financial literacy), Grade 9 (interest), Grade 10 (income, budgeting, savings, debt), Grade 11 (investing, budgeting, loans), and Grade 12 (financial planning).
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