PISA 2012 Assessment and Analytical Framework
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PISA 2012 Assessment and Analytical Framework

Mathematics, Reading, Science, Problem Solving and Financial Literacy

Are students well prepared to meet the challenges of the future? Can they analyse, reason and communicate their ideas effectively? Have they found the kinds of interests they can pursue throughout their lives as productive members of the economy and society?

The OECD Programme for International Student Assessment (PISA) seeks to answer these questions through the most comprehensive and rigorous international assessment of student knowledge and skills. PISA 2012 Assessment and Analytical Framework presents the conceptual framework underlying the fifth cycle of PISA. Similar to the previous cycles, the 2012 assessment covers reading, mathematics and science, with the major focus on mathematical literacy. Two other domains are evaluated: problem solving and financial literacy. Students respond to a background questionnaire and, as an option, to an educational career questionnaire as well as another questionnaire about Information and Communication Technologies (ICTs). Additional supporting information is gathered from the school authorities through the school questionnaire and from the parents through a third optional questionnaire. Sixty-six countries and economies, including all 34 OECD member countries, are taking part in the PISA 2012 assessment.

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Financial Literacy Framework You do not have access to this content

English
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Author(s):
OECD

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PISA 2012 is the first large-scale international study to assess the financial literacy of young people. This framework is the first step in constructing a financial literacy assessment of international scope by providing an articulated plan for developing items, designing the instrument and providing a common language for discussion of financial literacy. This framework provides a working definition for financial literacy and organises the domain around the content, processes and contexts that are relevant for the assessment of 15-year-old students. Content areas described by the framework include money and transactions, planning and managing finances, risk and reward and financial landscape. The framework covers identify financial information, analyse information in a financial context, evaluate financial issues, apply financial knowledge and understanding, and the education and work, home and family, individual and societal contexts. These areas are illustrated with 10 items. Additionally, the framework discusses the relationship of financial literacy to non-cognitive skills and to both mathematics and reading literacy, and the measurement of students’ financial behaviour and experience.
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