Lesson Plan:
Real Estate Tycoon 

Go to: 
http://illuminations.nctm.org/LessonDetail.aspx?ID=L279
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Description: 
In this yearlong project, students design, "build," and "sell" a house; after which they simulate investment of the profits in the stock market. Along the way, students make scale drawings, compute with fractions and decimals in various contexts, and even solve simple equations. This lesson plan was adapted from an article by David B. Smith, which appeared in the September 2000 edition of Mathematics Teaching in the Middle School. 
Technology Type: 
Computer  
Author: 
NCTM: Illuminations 
Language: 
English  
Cost: 
Does not require payment for use 

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Courses: 
Math 6 
Simplifying fractions, Multiplying fractions, Fractions <> decimals, Length/height, Converting between units, Perimeter, Area 
 Math 7 
Simplifying fractions, Multiplying fractions, Fractions <> decimals, Variables, Represent, Length/height, Converting between units, Perimeter, Area 
 Algebra 
Linear Equations, Simplify 
 Financial Education 
Jobs, Stocks 
