Pocket money: Mathematical modelling

In this second of three lessons, students use mathematical modelling to solve problems that involve financial decisions.

They will be guided to use the 4-step problem solving model to support them to unpack the problem, generate a plan to help solve it, and check their ability to work mathematically.

Students will explore different ways to estimate and form possible solutions to the total earnings over a period of time. The lesson allows students to be creative in the way they infer the stated problem and select strategies to find possible solutions.

They will communicate their thinking and justify their approach to the problem and their solutions.

Resource details
Year level
Year 4
Purpose
Teaching resource
Strand
Algebra Number
Topic
Mathematical modelling Money and financial mathematics
Audience
Teachers
Format
Webpage
Australian Curriculum code
AC9M4N06 AC9M4A02 AC9M4N08
Numeracy progression
Multiplicative strategies (P6, P7) Additive strategies (P8) Understanding money (P7)
Publisher
Commonwealth of Australia
Copyright
© 2024 Commonwealth of Australia. Creative Commons BY 4.0.
Keywords
problem solving
Other terms
money Maths Hub lesson plan