Year 10 Economics and Business

What Will Students Learn?

In Year 10 Economics and Business, students dive into key economic and business concepts with a focus on real-world application. The course is structured around two major themes:

• Economic Performance in Australia: Students explore how Australia’s economy functions, how performance is measured using indicators like GDP and unemployment, and how government policies aim to improve living standards. They also investigate the ethical and environmental impacts of economic decisions, including the role of externalities and resource management.

• Improving Business Productivity: This unit examines how businesses respond to economic changes, manage their workforce, and strive to increase productivity. Students learn about the superannuation system, financial decision-making, and the broader implications of business strategies on society.

Throughout the course, students engage with a variety of texts and sources, including data sets, news articles, case studies, and government reports.

Skills Students Will Develop

This subject equips students with a broad set of transferable skills, including:

• Critical Thinking: Evaluating economic trends, policies, and business strategies.
• Data Analysis: Interpreting graphs, statistics, and economic indicators.
• Research and Inquiry: Developing questions, sourcing reliable information, and forming evidence-based conclusions.
• Communication: Presenting arguments clearly through written reports, presentations, and discussions.
• Decision-Making: Assessing financial and economic choices and their short- and long-term impacts.

These skills not only support academic success but also prepare students for informed participation in the economy and society.

Assessment Activities Include

Students will demonstrate their understanding through a range of purposeful and skill-building assessment tasks, including:

• Investigation: Research Report: Developing an evidence-based response to a contemporary economic or business issue, demonstrating research, analysis, and problem-solving skills.
• Summative Examination: Short Response Items: Applying knowledge of economic performance, financial decision-making, and government policy in a formal assessment context.
• Formative Checkpoints: Engaging in scaffolded tasks such as focus questions, scenario analysis, and draft writing to build confidence and track progress.

This subject is ideal for students interested in commerce, politics, social issues, or entrepreneurship. It lays a strong foundation for senior studies in Economics, Business, Legal Studies, and beyond, while fostering the skills needed to thrive in a rapidly changing world.