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

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 ...

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.  

Video

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 ...

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.

Interactive

The Numberline

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

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 ...

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.

Video

Are plants mathematicians?

Ever noticed that plants are examples of Fibonacci numbers? Watch Vi Hart draw examples of flower petals and leaf growth that follow this pattern. See how plants seem to use Phi (.), the golden ratio. Find out how to make your own 'angle-a-tron' to create interesting petal designs. This is the second in a series of two.

Video

Using Pythagoras' Theorem (Simulation)

An interactive simulation in which students use Pythagoras' theorem can be used to find distances.

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 ...

Interactive

Examples of Pythagoras' Theorem Part 2

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

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.

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.

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 ...

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, ...

Video

MathXplosion, Ep 11: Fun facts about the number seven

Did you know that the digits on opposite faces of dice will always add up to seven? Use dice as fun tools to reinforce fact families of seven, multiples of seven and subtraction skills.

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

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 ...

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 ...