Real Estate Tycoon
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A lesson plan for grade 7 Mathematics
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This year-long project from Illuminations is divided into three parts and reinforces skills that lay a foundation for algebra, such as measurement, fractions, decimals, percents, and proportions. Students design, “build,” and “sell” a house and then simulate investment of the profits in the stock market. Along the way, students make scale drawings, compute with fractions and decimals in various contexts, solve simple equations, and learn valuable lessons about how money really works.
North Carolina Curriculum Alignment
Mathematics (2004)
Grade 7
- Goal 1: Number and Operations - The learner will understand and compute with rational numbers.
- Objective 1.01: Develop and use ratios, proportions, and percents to solve problems.
- Objective 1.02: Develop fluency in addition, subtraction, multiplication, and division of rational numbers.
- Analyze computational strategies.
- Describe the effect of operations on size.
- Estimate the results of computations.
- Judge the reasonableness of solutions.
- Objective 1.03: Develop flexibility in solving problems by selecting strategies and using mental computation, estimation, calculators or computers, and paper and pencil.
- Goal 2: Measurement - The learner will understand and use measurement involving two- and three-dimensional figures.
- Objective 2.01: Draw objects to scale and use scale drawings to solve problems.
- Goal 5: Algebra - The learner will demonstrate an understanding of linear relations and fundamental algebraic concepts.
- Objective 5.03: Use and evaluate algebraic expressions, linear equations or inequalities to solve problems.
