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Economics and business

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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.

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Last reviewed 14 November 2019
Last updated 14 November 2019