Year 10 Commerce

Commerce gives an insight into the basics of Business Management and Economics. Students study the concepts of entrepreneurship, innovation, economic resources, markets, decision making and Australia’s economic performance. 

AREA OF STUDY ONE – BUSINESS MANAGEMENT

Key questions:

• How can enterprising behaviours and capabilities be used in the workplace?

• How does creating a competitive advantage benefit business?

Explore the nature of innovation and discuss how businesses seek to create and maintain a competitive advantage in the market, including the global market.  Identify the ways enterprising behaviours and capabilities can be developed to improve the work and business environments.  Generate a range of viable options, considering multiple perspectives, use simple cost-benefit analysis to recommend and justify a course of action, and predict the intended and unintended consequences of economic and business decisions.

AREA OF STUDY TWO – ECONOMICS

Key questions:

• How might the performance of an economy be measured?

• What is the link between economic performance and living standards?

• Why are there variations in living standards in different economies?

Investigate Australia as a trading nation and its place within Asia and the global economy.  Identify and explain the indicators of economic performance and examine how Australia’s economy is performing. Explain the links between economic performance and living standards, including the variations that exist within and between economies, and give reasons for the possible causes of variations.

• Research assignments

• Case studies

• Group work

• Tests and examination

• Ms Amanda Williams: awilliams@cmc.vic.edu.au