Year 9 Economics 

This unit explores how economic policy shapes Australia’s economy and affects everyday life. Students learn about fiscal and monetary policy and how they influence economic performance using the circular flow model. They examine the roles of the government and the Reserve Bank of Australia in managing the economy to improve living standards. Key economic indicators—such as GDP, inflation, and unemployment—are used to measure economic performance and guide decision-making. The unit also investigates Australia’s changing trade relationships and the effects of globalisation, weighing the economic opportunities and challenges it presents for individuals, businesses, and the nation as a whole. 

Learning Goals

• To understand key economic terms

• To analyse the effect of globalisation

• To evaluate the impact living standards have on the economy.

Key Focus 

• Australia’s economy 

• The global economy 

Assessments:

• CAT: Case Study / Research Report 

• CAT: Presentation 

• CAT: Economics Folio 

• Semester exam

Further study options

• Year 10 Business

• VCE Business  

• VCE Accounting 

• VCE Economics