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Mathematics / Year 7 / Number and Algebra / Money and financial mathematics

View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

Investigate and calculate 'best buys', with and without digital technologies (ACMNA174)

Elaborations
  • applying the unitary method to identify ‘best buys’ situations, such as comparing the cost per 100g
General capabilities
  • Literacy Literacy
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
  • ICT capability Information and Communication Technology (ICT) capability
ScOT terms

Proportions,  Purchasing,  Unit cost

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Year level 7-8
Resource type
Learning area Mathematics
Interactive resource

School canteen: estimate and check: level 1

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and boxes of sultanas. Notice that unit prices vary depending on the multiples in which items are sold. Look at the shopping list and check the prices and package sizes from the price catalogues of two traders. Estimate ...

Tablet friendly (Interactive resource)

Fish market: explore trading

Buy and sell fish in trading markets in a range of Australian and New Zealand cities. Compare market prices, supply and demand. Explore a range of traders to find the best deals and open up new markets. Find a rare fish. Maximise your profit and reputation as a smart trader. This learning object is the first in a series ...

Interactive resource

School canteen: best buy: level 2

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and boxes of sultanas. Notice that the unit prices are different for packs of different sizes. In this level, perform slightly harder calculations to work out how many packs you will need, and which available pack size ...

Collection

Financial maths – purchasing and pricing

This collection of 20 digital curriculum resources is organised into four categories: purchasing within a budget; budgeting and profit-making; purchasing and best buys; and pricing and production volume. In these interactive learning objects, students are encouraged to make decisions in regard to financial situations and ...

Interactive resource

School canteen: two traders: level 2

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of water and cheese sticks. For each item on the shopping list, check the prices and package sizes of two traders. In this level, perform slightly harder calculations to select the cheaper deal for each item. Compare the total cost ...

Moving Image

Calculating percentage and simple interest: Banking

Most of us use banks to keep our money safe. We put our money in, can access it at any time and earn interest. So how do the banks make such enormous profits? Where does that money come from? Listen to Nathan Bazley explain how the banks use your money and make a profit. This clip provides a context for percentage, simple ...

Interactive Resource

Percentage discounts

This is a five-page HTML resource about solving problems concerning percentage discounts. It contains five questions and two videos. The resource discusses and explains solving problems with percentage discounts to reinforce students' understanding.

Moving Image

What is opportunity cost?

What is the true cost of buying something? Gen Fricker explains that it's more than just money. Learn about opportunity cost - what it is, why it's a helpful tool and when to use it. Simple! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Teacher resource

Consumer and financial literacy professional learning module for teachers

This professional learning module provides up-to-date content and support in consumer and financial literacy for educators working within Australian primary and secondary schools. Part 1 presents information about consumer and financial literacy in the education landscape. Part 2 provides examples of how schools are incorporating ...

Moving Image

Comparing fuel consumption

Is it more fuel efficient to drive or fly between two places? Watch this clip and learn how to calculate the answer. What are the various factors that need to be taken into account? This video was made using the American measurement of gallons per hour, American firgures for the average number of passengers in a car and ...

Interactive resource

School canteen: two traders: level 1

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and cheese sticks. For each item on the shopping list, check the prices and package sizes of two traders. Perform basic calculations to select the cheaper deal for each item. Compare the total cost of the items from ...

Interactive resource

School canteen: best buy: level 1

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and boxes of sultanas. Notice that the unit prices are different for packs of different sizes. Perform basic calculations to work out how many packs you will need, and which available pack size will be the cheapest. ...

Interactive resource

School canteen: estimate and check: level 2

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and sesame bars. Notice that unit prices vary depending on the multiples in which items are sold. Look at the shopping list and check the prices and package sizes from the price catalogues of two traders. Estimate which ...

Interactive resource

The foul food maker: go figure

This tutorial is suitable for use with a screen reader. It explains how the use of simple words can describe the likelihood of everyday events. How likely is an event: certain, likely, equal chance, unlikely or certainly not? Answer some questions using these words and then build your own examples. Learn how to describe ...

Teacher resource

MoneySmart teaching

This is a website from the Australian Securities and Investments Commission that provides up-to-date content and support in consumer and financial literacy for Australian educators. The website provides access to professional and personal learning programs, as well as resources for teaching and learning including units ...

Teacher resource

Fraction action - unit of work

In this unit of work students move from working with tenths, hundredths and thousandths to relating common and decimal fractions and percentages.

Interactive Resource

Choose your own statistics

Explore the way in which statistics are presented using a wide range of graphs types for ten topics related to human rights. Customise and publish graphs and download data to a spreadsheet program such as Excel to enable further exploration.

Interactive resource

Design a neighbourhood

Help a town planner to design a site plan for a neighbourhood. Using a 10x20 grid, design areas for four regions (apartments, hospitals, sports fields and schools) based on the fractions, decimals or percentages given. Assign the area required for an additional two regions, using a percentage and a decimal of your choice. ...

Interactive resource

Neighbourhood fractions

Help a town planner to design site plans. Assign regions on a 10x20 grid for different uses. Calculate the percentage and the fraction of the total site used for each region. Use a number line to display fractions and equivalent decimals. Design site plans for a: 1. Neighbourhood; 2. City; 3. Farm. This learning object ...

Assessment resource

Kick the goal: add improper fractions 2: assessment

Test your understanding of fractions by creating pairs that would add up to a target number. Target numbers can be whole numbers, mixed numbers or improper fractions. For example, work out how many eighths to add to five-fourths to reach one and three-quarters. There are eight tasks to complete. View and print a report ...