Economics - Teaching and Learning

The Year 5–10 Australian Curriculum: Economics and Business aims to develop students’: • enterprising behaviours and capabilities that can be transferable into life, work and business opportunities and will • contribute to the development and prosperity of individuals and society • understanding of the ways society allocates limited resources to satisfy needs and wants, and • how they participate in the economy as consumers, workers and producers • understanding of the work and business environments within the Australian economy and its interactions and relationships with the global economy, in particular the Asia region • reasoning and interpretation skills to apply economics and business concepts to make informed decisions • understanding of economics and business decision-making and its role in creating a prosperous, sustainable and equitable economy for all Australians • understandings that will enable them to actively and ethically participate in the local, national, regional and global economy as economically, financially and business-literate citizens