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 ...

Video

Proportional reasoning video

Use this video as a springboard to explore scaling or proportional thinking, and to apply that thinking in a food context, drawing on reasoning and mathematical modelling.

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 ...

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

Mathematical modelling (Number): Year 7 – planning tool

This planning resource for Year 7 is for the topic of Mathematical modelling. Students use knowledge of the other topics in the Number strand, so that applying knowledge and skills can be modelled. This can be done in groups or as a whole class, as well as individually. Collaborative learning works well for practical problems.

Text

Imperial pie

This activity involves making a cake using a recipe in which the quantities of the ingredients required are measured using a variety of imperial units. To complete the recipe, students need to convert the imperial units to metric units in order to be able to use their metric measuring instruments. The activity serves to ...

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 ...

Online

Literacy and numeracy improvement: a whole-school approach

This teacher resource describes how 74 public schools in metropolitan, regional and rural Western Australia used three major components of the school improvement cycle to achieve significant improvement in the literacy and numeracy learning outcomes of their students. The resource is organised in nine sections: Summary, ...

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BBC Bitesize: fractions - revision

This is a set of information sheets dealing with fraction concepts, terminology and calculations. Students are presented with practice questions and have access to a short test to assess their learning. This resource is one of a series of online resources from the BBC's Bitesize collection.

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 ...

Text

Addition and subtraction of fractions

This is a website designed for both teachers and students that addresses addition and subtraction of fractions. There are pages for both teachers and students. The student pages contain interactive questions for students to check their progress in the topics.

Online

Multiplication and division of fractions

This is a website designed for both teachers and students that addresses multiplication and division of fractions from the Australian Curriculum for year 7 students. It contains material on multiplication and division of fractions and explains how to deal with whole numbers and mixed numbers when multiplying and dividing ...

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

Rounding decimals

This is a website designed for both teachers and students that addresses rounding of decimal numbers from the Australian Curriculum for year 7 students. It contains material on writing a decimal correct to a number of decimal places and rounding money amounts to the nearest five cents. There are pages for both teachers ...

Text

Mixing Lemonade

This resource is a web page containing an interactive task to explore ratios and proportions. Compare different mixtures of lemonade and develop a strategy for deciding which is stronger each time. The task requires students to apply their understanding of ratio and proportions. A 'Getting started' page, 'Solution' and ...

Online

Estimation and reasonableness: Year 7 – planning tool

This planning resource for Year 7 is for the topic of Estimation and reasonableness. Students round decimals to a specified number of decimal places and connect the process of rounding up or down to prior experiences in rounding.

Online

Proportional reasoning: Year 7 – planning tool

This planning resource for Year 7 is for the topic of Proportional reasoning. Students are introduced to ratios as a method of comparing quantities. Students learn how to recognise and represent these comparisons to solve problems. The concept of dividing a quantity by a given ratio is also introduced.

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. ...