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Year level 5 Budgeting Mathematics Humanities and Social Sciences (HASS)
Students present a financial plan for a family outing, and modify it as appropriate to fit a suggested budget.
Learning outcomes
Students:
- investigate the costs involved in a family outing
- discuss the differences between essential and optional costs
- justify reasons for spending preferences
- review addition and subtraction of money
- solve problems involving multiplication of large numbers by one or two-digit numbers in the context of producing a simple budget
- investigate how reasonable their answers are using estimation strategies
- present their financial plan for an outing
Curriculum alignment
Year 5
Learning area: Mathematics
Content descriptions
Strand: Number and Algebra
- Sub-strand: Number and place value
- Use estimation and rounding to check the reasonableness of answers to calculations (ACMNA099)
- Solve problems involving multiplication of large numbers by one- or two-digit numbers using efficient mental, written strategies and appropriate digital technologies (ACMNA100)
- Sub-strand: Money and financial mathematics
- Create simple financial plans (ACMNA106)
Learning area: HASS
Content descriptions
Strand: Knowledge and Understanding
- Sub-strand: Economics and business
- The difference between needs and wants and why choices need to be made about how limited resources are used (ACHASSK119)
- Influences on consumer choices and methods that can be used to help make informed personal consumer and financial choices (ACHASSK121)
Strand: Inquiry and skills
- Sub-strand: Questioning
- Develop appropriate questions to guide an inquiry about people, events, developments, places, systems and challenges (ACHASSI094)
- Sub-strand: Researching
- Locate and collect relevant information and data from primary and secondary sources (ACHASSI095)
- Organise and represent data in a range of formats including tables, graphs and large- and small-scale maps, using discipline-appropriate conventions (ACHASSI096)
- Sub-strand: Evaluating and reflecting
- Evaluate evidence to draw conclusions (ACHASSI101)
- Work in groups to generate responses to issues and challenges (ACHASSI102)
- Use criteria to make decisions and judgements and consider advantages and disadvantages of preferring one decision over others (ACHASSI103)
- Reflect on learning to propose personal and/or collective action in response to an issue or challenge, and predict the probable effects (ACHASSI104)
- Sub-strand: Communicating
- Present ideas, findings and conclusions in texts and modes that incorporate digital and non-digital representations and discipline-specific terms (ACHASSI105)
General capabilities
Typically, by the end of Year 6, students:
- Literacy:
- compose and edit learning area texts
- use pair, group and class discussions and informal debates as learning tools to explore ideas and relationships, test possibilities, compare solutions and to prepare for creating texts
- Numeracy
- solve problems and check calculations using efficient mental and written strategies
- create simple financial plans, budgets and cost predictions
- visualise, describe and order equivalent fractions, decimals and simple percentages
- solve problems using equivalent fractions, decimals and simple percentages
- describe chance events and compare observed outcomes with predictions using numerical representations such as a 75% chance of rain or 50/50 chance of snow
- Creative and Critical Thinking
- identify situations where current approaches do not work, challenge existing ideas and generate alternative solutions
- identify and justify the thinking behind choices they have made
- assess whether there is adequate reasoning and evidence to justify a claim, conclusion or outcome
- scrutinise ideas or concepts, test conclusions and modify actions when designing a course of actionÂ
- Personal and Social Capability
- identify factors that influence decision making and consider the usefulness of these in making their own decisions
- Ethical Understanding
- examine and explain ethical concepts such as truth and justice that contribute to the achievement of a particular outcome