- Grade 11
Prerequisite: Destreamed Mathematics, Grade 9
Grade: 11 (Workplace)
Availability: Blyth Academy Online
The Ontario Curriculum: Mathematics
Course Overview
Mathematics for Work and Everyday Life (MEL3E) helps students develop essential math skills for practical use in the workplace and everyday life. Throughout the course, students will explore concepts related to earning money, managing savings and investments, borrowing responsibly, and planning transportation and travel. They will solve real-world problems, analyze financial scenarios, and use technology to enhance their decision-making skills. This course prepares students to navigate financial systems confidently and make informed choices about their personal and professional lives.
UNIT ONE
Earning Money
Essential Question: How do remuneration methods and payment schedules impact financial decision-making?
In this unit, students will explore remuneration methods such as hourly pay, salary, commission, and tips, as well as payment schedules like weekly, biweekly, and monthly. They will learn how these factors influence budgeting, saving, and financial decision-making. By understanding the impact of different pay structures on spending habits, students will gain insight into how to align earnings with financial goals. Additionally, they will develop practical skills in using technology, like spreadsheets, to compare job offers, calculate earnings, and create personal budgets, enabling them to make informed financial choices in real-world scenarios.
UNIT TWO
Making Purchases
Essential Question: How do incentives, taxes, and other factors impact purchasing decisions and long-term value?
This unit focuses on the factors that influence purchasing decisions, such as discounts, taxes, and unit prices. Students will learn how to calculate costs, compare options, and justify decisions based on long-term value. By analyzing real-world scenarios, students will develop critical thinking and problem-solving skills, enabling them to make informed choices about their financial priorities. Additionally, students will practice applying mathematical concepts to evaluate options and manage their budgets effectively.
UNIT THREE
Saving, Investing, Borrowing
Essential Question: How can understanding financial concepts like savings, interest, and borrowing help us make informed decisions that improve our financial well-being?
In this unit, students will develop essential financial literacy skills to help them manage money effectively in real-life situations. They will explore savings options, analyze the costs and incentives of credit cards, and learn to interpret financial statements to manage personal finances. Students will also investigate simple and compound interest, understanding how investments can grow over time. Finally, they will examine borrowing options, including loans and credit ratings, to make informed financial decisions. By applying technology and mathematical reasoning, students will gain confidence in navigating financial systems that impact their daily lives.
UNIT FOUR
Transportation and Travel
Essential Question: How can understanding transportation costs, planning routes, and analyzing travel options help us make informed, cost-effective, and sustainable decisions?
In this unit, students will explore the financial and logistical aspects of transportation and travel. They will learn about the costs and responsibilities of vehicle ownership, including licensing, insurance, and maintenance. The unit will also cover route planning and travel cost estimation, emphasizing how to balance time, cost, and priorities. Finally, students will compare different modes of transportation, such as cars, buses, trains, and airplanes, to evaluate their financial and environmental impacts. By the end of this unit, students will develop practical skills to make smarter decisions about transportation and travel in their daily lives.
Assessment
The Culminating Assignment will be 30% of the final grade. Please review the requirements and other details for the final assessment.
Please consult our Frequently Asked Questions Page or the Exam section within your course for more details on final exams and the exam fee. More information can also be found in our Student Handbook.
