Economic Choices
Introduce students to the world of economics and empower them to make informed economic choices with this informative resource.
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Learning goals
- We are learning to understand Australiaโs interconnections with other countries and how these change people and places.
- We are learning to understand the influences that impact consumer choices and strategies we can use to make better financial decisions.
- We are learning to understand Australiaโs connections with other countries and how these change people and places.
- We are learning to understand how the concept of opportunity cost involves choices about the alternative use of resources and the need to consider trade-offs.
- We are learning to understand the reasons businesses exist and the different ways they provide goods and services.
- We are learning to understand the effect that consumer and financial decisions can have on the individual, the broader community and the environment.
Curriculum alignment
AC9HS6S04
9
Evaluate primary and secondary sources to determine origin, purpose and perspectives
AC9HS6K08
9
Influences on consumer choices and strategies that can be used to help make informed personal consumer and financial choices
AC9HS6S01
9
Develop questions to investigate people, events, developments, places and systems
AC9HS6S06
9
Propose actions or responses to issues or challenges and use criteria to assess the possible effects
AC9HS6S02
9
Locate, collect and organise information and data from primary and secondary sources in a range of formats
AC9HS6K05
9
Australiaโs interconnections with other countries and how these change people and places
AC9HS6S03
9
Evaluate information and data in a range of formats to identify and describe patterns and trends, or to infer relationships
AC9HS6S05
9
Develop evidence-based conclusions
AC9HS6S07
9
Present descriptions and explanations, drawing ideas, findings and viewpoints from sources, and using relevant terms and conventions
ACHASSI129
8.4
Evaluate evidence to draw conclusions
ACHASSI128
8.4
Interpret data and information displayed in a range of formats to identify, describe and compare distributions, patterns and trends, and to infer relationships
ACHASSI131
8.4
Use criteria to make decisions and judgements and consider advantages and disadvantages of preferring one decision over others
ACHASSI127
8.4
Examine different viewpoints on actions, events, issues and phenomena in the past and present
ACHASSI126
8.4
Examine primary sources and secondary sources to determine their origin and purpose
ACHASSI132
8.4
Reflect on learning to propose personal and/or collective action in response to an issue or challenge, and predict the probable effects
ACHASSI125
8.4
Sequence information about peopleโs lives, events, developments and phenomena using a variety of methods including timelines
ACHASSI124
8.4
Organise and represent data in a range of formats including tables, graphs and large- and small-scale maps, using discipline-appropriate conventions
ACHASSK150
8.4
The effect that consumer and financial decisions can have on the individual, the broader community and the environment
ACHASSI130
8.4
Work in groups to generate responses to issues and challenges
ACHASSI123
8.4
Locate and collect relevant information and data from primary sources and secondary sources
ACHASSI133
8.4
Present ideas, findings, viewpoints and conclusions in a range of texts and modes that incorporate source materials, digital and non-digital representations and discipline-specific terms and conventions
ACHASSI122
8.4
Develop appropriate questions to guide an inquiry about people, events, developments, places, systems and challenges
ACHASSK151
8.4
The reasons businesses exist and the different ways they provide goods and services
ACHASSK149
8.4
How the concept of opportunity cost involves choices about the alternative use of resources and the need to consider trade-offs
ACHASSK141
8.4
Australiaโs connections with other countries and how these change people and places
GE3-1
old
Describes the diverse features and characteristics of places and environments
HT3-5
old
Applies a variety of skills of historical inquiry and communication
HT3-3
old
Identifies change and continuity and describes the causes and effects of change on Australian society
HT3-1
old
Describes and explains the significance of people, groups, places and events to the development of Australia
GE3-4
old
Acquires, processes and communicates geographical information using geographical tools for inquiry
GE3-3
old
Compares and contrasts influences on the management of places and environments
GE3-2
old
Explains interactions and connections between people, places and environments
VCGGC087
Describe and explain interconnections within places and between places, and the effects of these interconnections
VCGGC090
Interpret maps and other geographical data and information using digital and spatial technologies as appropriate, to develop identifications, descriptions, explanations and conclusions that use geographical terminology
VCHHC083
Identify the origin, content features and the purpose of historical sources and describe the context of these sources when explaining daily life in colonial Australia, reasons for migration and causes and effects of Federation
VCGGC089
Represent the location of places and other types of geographical data and information in different forms including diagrams, field sketches and large-scale and small-scale maps that conform to cartographic conventions of border, scale, legend, title, north point and source; using digital and spatial technologies as appropriate
VCGGK098
Australiaโs connections with other countries and how these change people and places
VCEBB006
Identify the reasons businesses exist and investigate the different ways they produce and distribute goods and services
VCEBE010
Make decisions, identify appropriate actions by considering the advantages and disadvantages, and form conclusions concerning an economics or business issue or event
VCGGC088
Collect and record relevant geographical data and information from the field and secondary sources, using ethical protocols
VCEBC005
Consider the effect that the consumer and financial decisions of individuals may have on themselves, their family, the broader community and the natural, economic and business environment
VCEBR002
Explore the concept of opportunity cost and explain how it involves choices about the alternative use of limited resources and the need to consider trade-offs
Australian Curriculum covers QLD / SA / WA / NT / TAS / ACT.