MEL3E Grade 11 Math Course Description

This MEL3E grade 11 math course enables students to broaden their understanding of mathematics as it is applied in the workplace and daily life. Students will solve problems associated with earning money, paying taxes, and making purchases; apply calculations of simple and compound interest in saving, investing, and borrowing; and calculate the costs of transportation and travel in a variety of situations. Students will consolidate their mathematical skills as they solve problems and communicate their thinking.

Prerequisite: Principles of Mathematics, Grade 9, Academic, or Foundations of Mathematics, Grade 9, Applied, or a ministry-approved locally developed Grade 10 mathematics course

MEL3E Grade 11 Math Course Notes and Handouts

MEL3E – Unit 1 – Working and Earning

Sec. 1.1 – Salary

Sec. 1.2 – Piecework

Sec. 1.3 – Hourly Rate and Overtime Rate

Sec. 1.4 – Commission

MEL3E – Unit 2 – Deductions and Expenses

Sec. 2.1 – Standard Deductions – Note Sec. 2.1 – Standard Deductions – Handout

Sec. 2.2 – Other Deductions

Sec. 2.3 – Living Expenses

Sec. 2.4 – Paying Monthly Bills

Sec. 2.5 – Purchasing Power

MEL3E – Unit 3 – Paying Taxes

Sec. 3.1 – Information for Filing Income Taxes

Sec. 3.2 – Sales Tax – Note Sec. 3.2 – Sales Tax – Worksheet

Sec. 3.3 – Other Forms of Tax

MEL3E – Unit 4 – Making Purchases

Sec. 4.1 – Making Change

Sec. 4.2 – Getting Back Fewer Coins

Sec. 4.3 – Taxes and Total Cost

Sec. 4.4 – Discounts and Sale Prices

Sec. 4.5 – Sale Prices, Taxes, and Total Cost

MEL3E – Unit 5 – Buying Options

Sec. 5.1 – The Best Buy

Sec. 5.2 – Incentives to Buy

Sec. 5.3 – Cross Border Shopping

Sec. 5.4 – Decision to Buy -Layaway

Sec. 5.5 – Instalment Plans Without Interest

Sec. 5.6 – Pay Later With Penalty

MEL3E – Unit 6 – Banking Transactions & Saving Money

Sec. 6.1 – Banking Transactions

Sec. 6.2 – Types of Savings

Sec. 6.3 – Simple Interest – Note Sec. 6.3 – Simple Interest – Worksheet

Sec. 6.4 – Simple and Compound Interest

Sec. 6.5 – Compound Interest – Note Sec. 6.5 – Compound Interest – Worksheet

MEL3E – Unit 7 – Types of Investing

Sec. 7.1 – Types of Investments

Sec. 7.2 – Registered Retirement Savings Plans

Sec. 7.3 – Risk Tolerance

Sec. 7.4 – Risk Tolerance – Type of Investor

Sec. 7.5 – Application of Types of Investing

MEL3E – Unit 8 – Taking a Trip

Sec. 8.1 – Taking a Trip Introduction – Gas Consumption Sec. 8.1 – Taking a Trip Introduction – Gas Consumption Information Sec. 8.1 – Taking a Trip Introduction – Time Calculations

Sec. 8.2 – Planning a Trip by Automobile

Sec. 8.3 – Planning a Trip – Train vs. Car

MEL3E – Unit 9 – Personal Finance

Sec. 9.2 – Delaying Payment on Credit Cards

Sec. 9.3 – Short-Term Borrowing

Sec. 9.4 – Repaying Loans

MEL3E – Unit 10 – Buying a Car

Sec. 10.3 – Depreciation of Cars

Sec. 10.4 – Irresponsible Driving – Worksheet Sec. 10.4 – Irresponsible Driving – Facts

Sec. 10.5 – Car Versus Public Transportation