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

Interactive

Sites2See – applied mathematics

This collection of resources for Applied Mathematics has helpful links for the six Focus Studies - Communication, Driving, Design, Household Finance, Human Body and Personal Resource Usage. A laptop-friendly resource.

Interactive

Laptop wrap: Investing wisely

In this laptop-friendly resource, students investigate unit pricing and explore the formulae and concepts of simple and compound interest.

Video

My Five Cents: 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.  

Online

Tax, Super + You

Tax, Super + You is designed to provide teachers and parents with practical resources to help students in Years 7-12 understand the value of tax and superannuation, and have confidence when entering the workforce. Registration for a free account is required to access the full suite of materials.

Interactive

The Numberline

An interactive tool that can help students explore a number line, including points representing integers, fractions and decimals

Video

Catalyst: Graham's number

If you were asked what the biggest number you can think of is, what would you say? Infinity? Well, what about the biggest finite number you can think of? Mathematician Ron Graham came across such a gigantic number in his research that, to capture its massive size, he and his colleagues needed to come up with new methods ...

Online

Australia's population: countries of birth - dataset

The dataset provides statistics about the estimated resident population, median age and sex ratio by countries of birth for the latest year of available data. It is periodically updated by the Australian Bureau of Statistics (ABS). The dataset is included in the list of related datasets on the page in MS Excel format.

Video

My Five Cents: Why investing can be risky

Planning to get rich quick by investing one day? Before you jump in, let Gen Fricker explain some of the risks involved with different types of investments. Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Video

Maths inside bees and beehives

Bees are necessary for assisting many plants to produce the food we eat, including meat and milk. Colony collapse disorder, which describes the disappearance of beehives, could have catastrophic effects on food production. Australian scientists are applying their maths and science knowledge to build up a picture of a healthy ...

Video

How does income tax work?

Gen Fricker makes income tax interesting! Learn about income tax - what it is, how it works and when you have to pay it. Easy-peasy! Then test yourself with ASIC Moneysmart's "Things to think about" classroom exercises.

Video

My Five Cents: Why borrowing can cost you more

Think credit cards are basically free money? Gen Fricker will make you think again. Learn how interest rates and fees affect the money you borrow, and why they may be more expensive in the long run. Oh dear! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Video

Modelling climate changes

There is a saying: 'climate is what you expect and weather is what you get'. |Understanding climate change is very difficult for most people, especially when the weather we experience is different from the information we are given by scientists about the climate changing. The difference is that weather reflects short-term ...

Video

MathXplosion, Ep 50: How to use a tetrahedron to solve the tree problem

How can you place four trees exactly the same distance apart from one other? By making a model! By using miniature trees to make a model of the problem, it becomes clear that a 2D solution is impossible. We learn how objects can help us visualise the problem situation, which in this case requires a 3D solution: a tetrahedron.

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MathXplosion, Ep 10: What is the strongest shape?

Are triangles really the strongest shapes ever? If so, why? Learn how and why right-angled and equilateral triangles have been used in engineering, architecture and design through the ages.

Online

Australia's Trade through Time

Using an interactive timeline created by the Department of Foreign Affairs and Trade, this Teacher guide provides 12 series of learning experiences that engage students in the analysis and interpretation of data about Australian trade from 1900 to the present day. Students study videos, tables, images and texts in order ...

Online

Secondary mathematics: different representations

These seven learning activities, which focus on 'representations' using a variety of tools (software) and devices (hardware), illustrate the ways in which content, pedagogy and technology can be successfully and effectively integrated in order to promote learning. In the activities, teachers use different representations ...

Online

Secondary mathematics: using real data

These seven learning activities, which focus on the use of 'real data' using a variety of tools (software) and devices (hardware), illustrate the ways in which content, pedagogy and technology can be successfully and effectively integrated in order to promote learning. In the activities, teachers use the three content strands ...

Interactive

Renovate, Calculate!

A student resource that explores the use of mathematics in the trades. Highly interactive investigations into ratio, areas of special quadrilaterals and right-angled trigonometry.

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.

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 ...