These include news articles, case studies and website pages. In Economics and Business, students engage with a range of texts that might include headings or statements that refer to statistical information. Blastland & Dilnot (2009) suggest that readers of data should be able to answer the questions, 'Compared to what?' or 'Is that a big number?' when they see statistical information in a text. Multimodal representations support a deeper understanding of these concepts and better written responses to worded problems around these topics.Ĭomparing and contrasting statements about dataĮven when data sources are considered valid, accurate and reliable, it can be difficult to interpret their meaning appropriately if the data lacks context. Students are initially engaged through classroom discussion to deconstruct visual representations of these key concepts. In this video, the teacher unpacks key concepts to support understanding of profit and loss. Literacy in Practice Video: Business - Profit and Loss Students take notes about the graph or chart based on the whole class discussion and teacher modelling.The teacher makes their thinking explicit by talking through how they interpret and read the graph or chart.
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The teacher adds to, or corrects, students' interpretations and models how to apply economic and business understanding to interpret and read the graph or chart.Students share their responses with the teacher in a whole-class discussion.This is an example of Collaborative Learning and allows students to share and compare their interpretations of the graph or chart with one another. Students discuss the graph or chart with their peer and generate a joint construction of their interpretation.Using the prompting questions and their annotations, students work in pairs to read and interpret the graph or chart presented.Students annotate the graph during the class discussion.Is there an upward or downward trend in the data?
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Good sources of graphs and charts in Economics and Business are:
Reading and unpacking visual representations of data reading and unpacking visual representations of data.Students will need to be taught the skills of critical analysis when they are presented with a data set.īelow are two strategies to help students understand how to engage with data: might misrepresent how the data is conveyed.
'the ability to comprehend, evaluate, and synthesize data and numeric information in all of its different forms.' if a trend can be identified in relation to changes in the two variables.ĭata literacy is a crucial capability for Economics and Business.the scale used to measure changes in these variables and.what the dependent and independent variables are.For instance, to read and interpret a graph, they will need to know: When reading and interpreting some forms of data in Economics and Business, it is important for students to understand the key features of the data that they are viewing. Comparing and contrasting statements about data.Reading and unpacking visual representations of data.