Curriculum Briefing: Money, Finance & the Economy
Key stage 3 (ages 11-14) • Finance & The Economy • Assemblies & fact sheets
Money, Finance & the Economy
This guidance supports the national curriculum for citizenship. The Citizenship programme of study includes teaching requirements to ensure all pupils:
- are equipped with the skills to think critically and debate political questions, to enable them to manage their money on a day-to-day basis, and plan for future financial needs.
The programme of study also that states that teachers should ensure pupils across key stage 3 and 4 are taught about:
- The functions and use of money, the importance and practice of budgeting and managing risk (KS3)
- Income, expenditure, credit and debt, insurance, savings and pensions, financial products and services and how public money is raised and spent (KS4)
This guide highlights the areas of finance education that relate to Citizenship and makes connections between the personal and public sphere. Aspects of personal finance and financial literacy are also taught in mathematics and can be addressed in PSHE.