Economics
2 unit course
Course Summary
Economics provides understanding for students about many aspects of the economy and its operation frequently reported in the media. It investigates why unemployment or inflation rates change and how these changes affect individuals in society. Economics develops students' knowledge and understanding of the operation of the global and Australian economy. It develops the analytical, problem-solving and communication skills of students. There is a strong emphasis on the problems and issues in a contemporary Australian economic context within the course.
100% Theory work.
Assessments are a mix of hand in tasks and examinations:
- Assessment Task 1 - Essay on an economy other than Australia
- Assessment Task 2 - Podcast on an economic issue that is addressed by the Government of Australia and the Reserve Bank of Australia
- Assessment Task - End of Year Exam - on all the five topics covered
What, if any, skills are needed?
The ability to:
- Investigate and engage in effective analysis, synthesis and evaluation of economic information from a variety of sources.
- Communicate economic information, ideas and issues in appropriate forms.
Course Units
| Year 11 Units | Year 12 Units |
|---|---|
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Introduction to Economics
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The Global Economy
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Consumers and Business
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Australia’s Place in the Global Economy
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Markets
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Economic Issues
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Labour Markets
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Economic Policies and Management
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Financial Markets
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Government in the Economy
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Learning Experiences
- Study day in Sydney along with other schools
- Excursion to the Reserve Bank of Australia
Career Options
If selected as a specialisation at university, economics can lead to careers in:
- share, finance or commodities markets
- business
- economic forecasting
- banking
- insurance
- tourism
- resource management
- property development and management
- government
- environmental management
- town planning
- foreign affairs or economic policy development