This short unit is based on the Year 5 Australian Curriculum HASS Inquiry Skills, Knowledge and Understandings for Economics and Business. This is the first time in the curriculum where students learn about the study of economics, and forms the basis of a lot of future economics topics. Because they are the seeds of later economics study, it does not have much depth, and the topics can seem disparate. It is a great introduction for your students to learn about wants, needs, scarcity, economics, and what these things mean for them as consumers.
The key concepts in this unit include:
Lesson 1
Wants and Needs
Understanding the difference between a need and a want.
Lesson 2
Types of Resources
We will look at how communities of people come together to try and satisfy their needs and wants as an economy.
Lesson 3
Consumer Choices
We are looking at consumers, what influences consumers' choices, and how they can make smart consumer choices.
Differentiate between wants and needs with this informative presentation. Students will explore the concept of wants versus needs, understan...
Use these WALT, WILF & TIB Posters to support your lessons. WALT – We are learning to… WILF – What I’m looking for… TIB – This is...
Introduce students to the various types of resources with this informative presentation. From natural resources to human-made resources, stu...
Explore the world of consumer choices with this informative presentation. Students will learn about factors influencing consumer decisions,...
This poster was designed to give students insight into how advertising is constructed. It illustrates how advertisers combine familiar eleme...
Examine the needs and wants of different people, groups and occupations with this resource.
Engage students in a comprehensive exploration of farming and agriculture with this interactive resource.
This worksheet is designed for our Year 5 HASS unit for economics and business. It’s a great front page for a unit workbook, a sheet to glue...
This worksheet is designed as a fast finishers worksheet for our Year 5 HASS unit for economics and business. It is a great way to get your...
Students will explore the concept of burning for sustainability, including controlled burns and responsible fire management.
Develop students' financial literacy skills with this resource focusing on budgeting. Through engaging activities and scenarios, students wi...
