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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

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 ...

Video

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.  

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 ...

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.

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.

Video

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

Playground percentages

Help a town planner to design two site plans for a school. Assign regions on a 10x10 grid for different uses such as a playground, canteen, car park or lawn. Calculate the percentage of the total site used for each region. Use a number line to display fractions and equivalent fractions.

Interactive

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 ...

Video

Phi challenge

The golden ratio, Phi: fact or fallacy? What about the Fibonacci sequence? We are told this ratio and its cousin Fibonacci occur everywhere in nature. Let's see which of these claims stacks up when put to the test.

Video

Marking up the price of goods

Why do many items cost far more in Australia than they do overseas? Find out how and why Australian businesses mark up their products so they can make a profit. The clip provides the context for calculating percentage mark up and discounts on shopping items.

Video

Small scale measurements

What units of measurements do we use to describe incredibly small things like blood cells and atoms? Watch as you are taken on a journey to explain the different units of measurement that we use to describe the very small.

Online

Liveability and sustainable living - teacher resource

This resource for teachers is a series of 12 activities in three parts that can be used to support the year 7 geography unit, Place and liveability. Each part includes several detailed activities relevant to exploring different aspects of liveability. These include: investigating local qualities of liveability, making comparisons ...

Audio

Andy Thomas describes being a cosmonaut, 2008

This is an edited sound recording of Australian astronaut Andy Thomas describing how he prepared to spend almost five months as a cosmonaut in 1998 aboard the Russian space station Mir, in company with two Russians. He also talks about conversational difficulties aboard the space station. The recording was made in August 2008.

Online

Primary mathematics: games, simulations and modelling

These seven learning activities, which focus on 'games, simulations and modelling' 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 games, ...

Online

Primary mathematics: open-ended tasks

These seven learning activities, which focus on 'open-ended tasks' 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 investigations in order ...

Interactive

Decimaster: match-up 1

Explore ways of representing decimals using mathematical notation and visual tools. Match a decimal fraction between 0 and 1 such as 0.7. Adjust units on an area representation and a common fraction. Match three decimals with each tool.

Interactive

Cassowary fractions

Help a park ranger to arrange fencing in a wildlife sanctuary. Divide common geometric shapes into equal-sized sections for keeping cassowaries. Group the enclosures to form a quarantine zone for sick or injured birds. Then express the divisions of the enclosures as fractions. This learning object is one in a series of ...

Interactive

Fraction fiddle: matching cake fractions

Fill orders in a cake shop. Match a fraction to parts of a cake. For example, identify the fraction of a cake remaining after it has had one quarter removed. Check your prediction by making the fraction and seeing what it looks like as part of a circle. Watch the circle change as you adjust the numerals in the numerator ...

Interactive

Fraction fiddle: hit the apple

Help an archer to hit an apple with his arrow. Build two fractions to make a total of one whole. Complete the numerators of both fractions (they may have fixed denominators). For example, work out how many quarters and how many eighths can be added together to total one whole. Look at fraction bars and a number line to ...

Interactive

Wishball: hundredths

Test your understanding of decimal place value with numbers that include hundredths. Receive a starting number, such as 46.87, and work towards turning it into a target number, such as 85.32. Spin a random digit, choose its decimal place value and decide whether to add or subtract the random digit from your starting number. ...