## Money Matters

Grade | Work Samples | |
---|---|---|

Midway through Stage 1 (end of Year 1) | End of Stage 1 (end of Year 2) | |

Grade A | Bobby Alex | |

Grade B | Jules Drew | |

Grade C | Jerry Ainsley Ali | |

Grade D | Mackenzie | Eden |

Grade E | Sascha Dale |

## Description of activity

Part A

Students are given a collection of 5, 10, 20 and 50 cent coins (or cardboard shapes representing these). They demonstrate and record different ways of making 20 cents, 50 cents and $1 using the coins.

Part B

Students determine the change that they would receive from $1 if they made each of the following purchases;

(i) 1 ruler @ 30 cents each

(ii) 2 erasers @ 40 cents each

(iii) 1 notebook @ 75 cents each

(iv) 3 pencils @ 20 cents each

## Suggested materials

5, 10, 20 and 50 cent coins (or cardboard shapes representing these), paper, pencils

## Prior learning

Students have had practice counting money and performing simple calculations with money. They have used concrete materials to model addition and subtraction problems.

Board of Studies NSW, *K–6 Mathematics Sample Units of Work*, p 46

## Outcomes

**Whole Numbers (NS1.1)**

Counts, orders, reads and represents two- and three-digit numbers.**Addition and Subtraction (NS1.2)**

Uses a range of mental strategies and informal recording methods for addition and subtraction involving one- and two-digit numbers.**Multiplication and Division (NS1.3)**

Uses a range of mental strategies and concrete materials for multiplication and division.**Applying Strategies (WMS1.2)**

Uses objects, diagrams, imagery and technology to explore mathematical problems.**Reasoning (WMS1.4)**

Supports conclusions by explaining or demonstrating how answers were obtained.

## Criteria for assessing learning

Students will be assessed on their ability to:

- represent equivalent amounts of money using different denominations
- use concrete materials to model addition problems
- perform simple calculations with money
- use a range of strategies for addition, subtraction and multiplication problems
- explain or demonstrate how an answer was obtained.