Virginia's CTE Resource Center - Workplace Readiness Skills

Virginia’s CTE Resource Center

Demonstrate job-specific mathematics skills.

Definition

Demonstration includes
  • using mathematical reasoning and processes to accomplish job-specific tasks (e.g., using geometry and algebra to predict required supplies for a construction job, using computer mathematics to create a programming algorithm)
  • making calculations related to personal finance (e.g., wage rates, paycheck deductions, taxes).

Process/Skill Questions

  • What mathematics skills are required to attain an entry-level job in your chosen field? Are more complex mathematics operations required for higher-level jobs? If so, what are they?
  • What resources are available to help you improve your mathematics skills?
  • Why is mathematics considered a communication skill?

Other Related Standards

Economics and Personal Finance Standards of Learning

EPF.3

The student will demonstrate knowledge of the price system by
  1. examining the laws of supply and demand and the determinants of each;
  2. explaining how the interaction of supply and demand determines equilibrium price;
  3. describing the elasticity of supply and demand; and
  4. examining the purposes and implications of price ceilings and price floors.

EPF.12

The student will demonstrate knowledge of banking transactions by
  1. comparing the types of financial institutions;
  2. examining how financial institutions affect personal financial planning;
  3. evaluating services and related costs associated with personal banking;
  4. differentiating among types of electronic monetary transactions;
  5. preparing all forms necessary for opening and maintaining a checking and a savings account;
  6. reconciling bank statements;
  7. comparing costs and benefits of online and traditional banking; and
  8. explaining how certain historical events have influenced the banking system and other financial institutions.

EPF.13

The student will demonstrate knowledge of credit and loan functions by
  1. evaluating the various methods of financing a purchase;
  2. analyzing credit card features and their impact on personal financial planning;
  3. identifying qualifications needed to obtain credit;
  4. identifying basic provisions of credit and loan laws;
  5. comparing terms and conditions of various sources of consumer credit;
  6. identifying strategies for effective debt management, including sources of assistance;
  7. explaining the need for a good credit rating;
  8. comparing the costs and conditions of secured and unsecured loans; and
  9. comparing the types of voluntary and involuntary bankruptcy and the implications of each.

EPF.15

The student will demonstrate knowledge of income earning and reporting by
  1. examining how personal choices about education, training, skill development, and careers impact earnings;
  2. differentiating among sources of income;
  3. calculating net pay;
  4. investigating employee benefits and incentives; and
  5. completing a standard W-4 form.

EPF.16

The student will demonstrate knowledge of taxes by
  1. describing the types and purposes of local, state, and federal taxes and the way each is levied and used;
  2. exploring how tax structures affect consumers, producers, and business owners differently;
  3. computing local taxes on products and services;
  4. examining potential tax deductions and credits on a tax return;
  5. explaining the content and purpose of a standard W-2 form; and
  6. explaining the similarities and differences between state and federal taxation of inheritances.

Instructional Resources for Workplace Readiness Skills

Calculating Payroll Deductions

Invest in Yourself

Math to Build On

Mathematics Using Home Construction

Nevada WRS Online Resources: Mathematics

Pricing

Statistics: Determining Mean, Range, Median, Mode, and Probability

Unplug Your Curriculum

Using Mathematics to Solve Problems and Communicate

Microsoft IT Academy Resources

[3.008] Excel 2010: Beginner Skills—E-Learning Module 1

[4.029] Excel 2010: Working with Formulas and Functions—Lesson 5

[5.061] Excel 2010 Primary Schools: Lesson 5—Project 1