ATAR - 2 unit

People have become suspicious of markets and economics, exacerbated by the Global Financial Crisis This has implications for what economics needs to be taught. Economic theory can create a bette understanding of the world, promoting better choices by individuals. 

As a subject, Economics is distinctive because of the range of problems and issues that it investigates and the skills that it develops. It uses big picture thinking and helps adolescents connect with the world. 

A student who has completed the Year 11 and Year 12 courses should have knowledge and skills enabling them to: 

• comprehend the background and implications of contemporary economic issues. 

• discuss appropriate policies to solve economic problems and issues. 

• understand how changes in the global economy affect us. 

• identify, using economic thinking, appropriate strategies to protect the natural environment.

11

Introduction to Economics 

Consumers and Business 

Markets 

Labour Markets 

Financial Markets 

Government in the Economy 

12 

The Global Economy 

Australia’s Place in the Global Economy 

Economic Issues 

Economic Policies and Management