Lake
Tuggeranong
College
Committed to Quality
Lake Tuggeranong College Unit Outline
Year
Teacher
9, 10, 11 & 12
Erin Barbour, Narelle Hackett, Alison Inskeep & Jackie Vaughan
Course
CONTEMPORARY
MATHEMATICS
Course Code
1067
1.0 Unit
Mathematics for Personal Finance
Unit Code
10541
UNIT GOALS: This unit should enable students to:
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identify financial institutions and their services
demonstrate and apply mathematical concepts to develop a better understanding of the role
of financial institutions
work collaboratively with peers in problems solving, completing tasks and group
presentations involving management of finances
access personal financial information from a range of services
identify the risks in using credit cards and purchasing options with current technology
CONTENT: Embedded throughout this unit will be a focus on developing and extending functional
numeracy skills for the enhancement of awareness of number usage in post-school life with
emphasis on developing students’ confidence and self-esteem as well as taking responsibility for
their own learning.
Money Management and Consumer Maths
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Budgeting
Cheques – personal, bank cheques
Credit Cards
Credit ratings
Interest Free Terms
Saving for a purpose – e.g. Xmas clubs
Financial aspects of banking, credit cards and borrowing money
Consumer rights and responsibilities
Banking and Financial Planning
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Loans (including default)
Home, car or phone ownership and associated costs
Home, car or phone insurance
Reading bank statements
On line banking and security
Direct debit
Automatic teller machines
Banking costs including fees, charges and statements
Lake
Tuggeranong
College
Committed to Quality
ASSESSMENT ITEMS
WEIGHTING
ITEM
WEIGHTING0.5
N/A
Assignment 1
WEIGHTING 1.0
20 %
Test 1
N/A
10 %
Assignment 2
N/A
20%
Test 2
N/A
10%
Portfolio
N/A
40%
N/A
100%
TOTAL
DUE DATE
Week 4
Thursday 14 August
Week 8
Thursday 11 September
Week 15
Thursday 13 November
Week 17
Thursday 27 November
Check in: Week 9
Thursday 18 September
Final: Week 18
Thursday 4 December
ASSESSMENT CRITERIA
Students will be assessed on the degree to which they demonstrate:

Knowledge, understanding and application

Goal-setting and decision-making

Task completion

Literacy and numeracy

Effective communication
Student Planner
WEEK
Week 1
Week 2
Week 3
Week 4
Week 5
Week 6
CONTENT
Budgeting
Saving for a Purpose
Consumer Rights and Responsibilities
Consumer Rights and Responsibilities
Interest
Credit Cards
ASSESSMENT
Assignment 1
Lake
Tuggeranong
College
Committed to Quality
Week 7
Week 8
Week 9
Week 10
Week 11
Week 12
Week 13
Week 14
Week 15
Week 16
Week 17
Week 18
Week 19
Week 20
Loans
Banking
Portfolios
Exhibitions
Loans (including default)
Home, car or phone ownership and associated
costs
Home, car or phone insurance
Reading bank statements
On line banking and security
Direct debit
Automatic teller machines
Portfolios
Exhibitions
Exhibitions
Test 1
Portfolio Check In
Assignment 2
Test 2
Portfolio Due
Grade Descriptors
Grade
A student who
achieves the
grade A
typically
A student who
achieves the
grade B
typically
A student who
achieves the
grade C
typically
Descriptor
 demonstrates independence, initiative and sound decision making
 identifies, clarifies and solves problems, making good use of
information and resources
 communicates effectively, demonstrating strong literacy and numeracy
skills and innovative use of technologies in all contexts
 applies learning in ways that enables active and successful engagement
in a community or workplace
 demonstrates some independence and initiative and appropriate
decision making
 identifies problems and develops strategies to help solve them, using
information and resources effectively
 communicates effectively, demonstrating good literacy, numeracy and
technological skills in most contexts
 applies learning in ways that enables active engagement in a community
or workplace
 with limited direction, demonstrates some initiative and decision
making skills
 develops strategies to help solve problems, making use of relevant
information and resources
 communicates effectively within familiar situations, demonstrating
sound literacy, numeracy and technological skills in known contexts
 applies learning in ways that enables participation in some tasks
Lake
Tuggeranong
College
Committed to Quality
within a community or workplace
A student who
achieves the
grade D
typically




A student who
achieves the
grade E
typically




with assistance, takes decisions related to personal goals and practical
tasks
develops some problem-solving strategies, making limited use of
relevant information and resources
within familiar situations, speaks and uses technology effectively but
demonstrates limited control of literacy and numeracy
participates in tasks within a community or workplace within familiar
situations
demonstrates limited decision making skills in structured situations
with assistance
develops some problem-solving strategies, making very limited use of
relevant information and resources
uses some communication skills within familiar situations
participates in limited tasks within a community or workplace within
familiar situations
ASSESSMENT POLICY
There are a number of ACT Board of Senior Secondary Studies (BSSS) requirements that
students must meet to be able to be assessed in a unit and be awarded grades and/or
scores. These requirements also ensure consistent procedures across the college and the
system. Notably these include minimum attendance and completion of classwork and
assessment. These are also detailed penalties for late or plagiarised work. Assessments are
subject to rigorous moderation procedures within the college to ensure comparability of
marking and at the end of year 12 college marks are scaled to allow comparability across the
ACT system.
Grades are allocated on the basis of student performance against set criteria that are
available in the course framework documents. Students are encouraged to consider
carefully the marks and feedback given on assessments and if there are issues with marking,
the college has open and transparent appeals procedures.
Further details of these assessment policies and procedures are located on the college’s website:
http://www.ltc.act.edu.au/student_life/assessment_policy