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

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

Online

Practical numbers: Part 2

In this lesson we use the context of an ancient bazaar to investigate measurement systems. Students select a name and base number for their system of measurement, using weights made from clay or similar material. They divide their clay into possible unit fractions to generate their set of weights. They assign a fictional ...

Online

Graphs: formulas and variables

In this lesson, students use algebra and linear equations to model two real-world scenarios to find information to make the best choice. Students set the aim of saving for a mobile phone (or similar goal) and use linear equations to model the pay rates of two part-time jobs to help make the better decision. This lesson ...

Downloadable

The wide wide world of sports betting

This lesson explores the difference between perfectly predictable events (like the roll of a die) and less certain events (such as sports). Students investigate mathematically how sports bookmakers create odds to guarantee themselves a profit and pay gamblers less for a win than they deserve. The lesson is outlined in ...

Interactive

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 ...

Online

Estimating and rounding decimals

In this lesson, students draw on prior knowledge of rounding whole numbers to develop their understanding and fluency when rounding decimals and are encouraged to reason and problem-solve through a variety of contextual activities. Students will also develop an appreciation of the role of estimation in mathematics and science.

Online

Practical numbers: Part 1

In this lesson, students explore standardised measuring systems. They encounter the challenge of a shopkeeper who must determine how to weigh different quantities of spices most efficiently. Working in a financial context, students model this scenario using fractions, percentages and ratios, and communicate their solution ...

Interactive

Squirt: three containers

Examine the relationships between capacities of various containers. Look at three containers that may have different diameters, heights and shapes. Fill a container and squirt liquids between the containers to establish the proportional relationship. Work out the third 'unlinked' relationship from two known relationships. ...

Downloadable

Can you beat the system?

In this lesson, students calculate the average expected value of losses on a roulette wheel over time, and use these values to analyse the cost of gambling on these games. They also study the flaws inherent in betting systems to determine whether these systems are weighted in the favour of game operators making a profit. ...

Online

Patterns, rules and graphs

In this lesson, students play games and learn about space and location, the Cartesian plane, pattern recognition and reductive reasoning by playing games and thinking. Students create algebraic equations to describe their strategy. Follow this lesson with Graphs: formulas and variables, though both lessons can be taught ...

Online

Mathletes in motion

In this lesson, students use mathematical modelling in measurement (comparing and evaluating sports results) to explain equivalence between fractions, decimals and percentages, and represent rational numbers on a number line.

Downloadable

Operations: Foundation to Year 9

This comprehensive resource describes the progression of ideas that cover addition and subtraction of integers; multiplication and division of integers; the four operations with common and decimal fractions; and operation applications with percent, rate and ratio.

Online

Equivalent fractions and the use of the number line

This is a website designed for both teachers and students that addresses equivalent fractions from the Australian Curriculum for year 7 students. It contains material on equivalent fractions, and explains how equivalence can be demonstrated on the number line. There are pages for both teachers and students. The student ...

Online

Multiplication and division of decimals

This is a website designed for both teachers and students that addresses multiplication and division of decimals from the Australian Curriculum for year 7 students. It contains material on multiplication and division of decimals and helps students to understand multiplication and division as inverses of each other. There ...

Online

Expressing one quantity as a fraction of a second

This is a website designed for both teachers and students that addresses the expression of one quantity as a fraction of a second quantity from the Australian Curriculum for year 7 students. It contains material on using the unitary method to solve fraction problems. There are pages for both teachers and students. The student ...

Interactive

Syllabus Bites: Direct proportion

This is the second in a series of Syllabus Bites related to direct and indirect proportion. Interactive applets and dynamic geometry software allow students to explore quantities in direct proportion. Students draw conclusions about relationships between the variables and consolidate their understanding by playing a simple game.

Interactive

Examples of Pythagoras' Theorem Part 1

An animated tutorial demonstrating the application of Pythagoras' theorem through some worked examples, followed by a interactive quiz.

Interactive

Syllabus Bites: Revisiting proportion

This is the first in a series of Syllabus Bites related to direct and indirect proportion. Students revise the concept of ratio. They create short visual explanations showing how problems can be solved.

Interactive

Syllabus Bites: Graphing direct proportion

This is the third in a series of Syllabus Bites related to direct and indirect proportion. Students draw graphs to represent relationships between variables in direct proportion. They associate the gradient of the graph with the constant of proportionality. They investigate practical contexts that give rise to direct proportion.

Interactive

The Mathematical Toolkit

A 2D Shapes tool that can be used to create geometric objects such as quadrilaterals, circles, triangles, lines, arcs, rays, segments and vectors on a coordinate grid. Plot and label the vertices to reveal the internal angles, side lengths, area and perimeter, then manipulate the shapes on a grid to transform their shape ...

Interactive

Arithmetic four

This is an interactive game for two students in which they solve arithmetic problems, similar to 'Connect four'. The players can choose to work with whole number and integer addition, subtraction, multiplication and division. The length of time each player will have and the level of difficulty of the problems can also be ...