Australian Curriculum: Economics and Business
This section provides direct access to the complete Australian Curriculum: Economics and Business.
Rationale As mass global flows of people, resources, finances and information produce social, economic, political and environmental complexities and challenges, Australia needs enterprising individuals who can make informed decisions and actively participate in society and the economy as individuals and more broadly as global citizens.
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Aims The Australian Curriculum: Economics and Business aims to aims to ensure students develop:
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 Read More >>
Structure The Australian Curriculum: Economics and Business is organised in two related strands: economics and business knowledge and understanding, and economics and business inquiry and skills.
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PDF documents Resources and support materials for the Australian Curriculum: Economics and Business are available as PDF documents.
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Year 7
Year 7 Level Description
The Year 7 curriculum gives students the opportunity to further develop their understanding of economics and business concepts by exploring what it means to be a consumer, a worker and a producer in the market, and the relationships between these groups. Students explore the characteristics of successful businesses and consider how entrepreneurial behaviour contributes to business success. Setting goals and planning to achieve these goals are vital for individual and business success, and students consider approaches to planning in different contexts, while also considering different ways to derive an income. The emphasis in Year 7 is on personal, community, national or regional issues or events, with opportunities for concepts to also be considered in the global context where appropriate.
The economics and business content at this year level involves two strands: economics and business knowledge and understanding, and economics and business skills. These strands are interrelated and have been developed to be taught in an integrated way, and in ways that are appropriate to specific local contexts. The order and detail in which they are taught are programming decisions.
Students are expected to be taught the content through contemporary issues, events and/or case studies. Teachers will design programs that cover appropriate contexts and meet the needs of their students.
Key inquiry questions
A framework for developing students' economics and business knowledge, understanding and skills at this year level is provided by the following key questions:
Why is there a relationship between consumers and producers in the market?
Why is personal, organisational and financial planning for the future important for consumers and businesses?
How does entrepreneurial behaviour contribute to a successful business?
What types of work exist and in what other ways can people derive an income?
Year 7 Content Descriptions
ScOT Terms
Personal and Social Capability
Social management
Social awareness
Appreciate diverse perspectives
Ethical Understanding
Exploring values, rights and responsibilities
Consider points of view
Explore rights and responsibilities
Examine values
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
investigating how consumers rely on businesses to meet their needs and wants
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Literacy
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
examining how businesses respond to the demands of consumers (for example, preference for healthy options, environmentally friendly packaging or organic food)
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Consider points of view
Reasoning in decision making and actions
Reason and make ethical decisions
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
exploring why businesses might set a certain price for a product (for example, because that's what they think consumers will pay) and how they might adjust the price according to demand
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
considering how consumers might influence producers in other countries, such as those in the Asia region, to provide goods and services
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Intercultural Understanding
Recognising culture and developing respect
Explore and compare cultural knowledge, beliefs and practices
Develop respect for cultural diversity
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
investigating the role and interactions of consumers and producers in the market (for example, using a simple circular flow of income model, demand, supply, price mechanism)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Generating ideas, possibilities and actions
Imagine possibilities and connect ideas
Why and how individuals and businesses plan to achieve short-term and long-term personal, organisational and financial objectives
(ACHEK018 - Scootle
)
ScOT Terms
Personal and Social Capability
Self-management
Develop self-discipline and set goals
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
Numeracy
Estimating and calculating with whole numbers
identifying ways short- and long-term personal financial objectives can be achieved, for example through developing a budget and having a savings plan
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Personal and Social Capability
Self-management
Develop self-discipline and set goals
Numeracy
Estimating and calculating with whole numbers
explaining the need for setting short- and long-term personal financial objectives and prioritising personal financial responsibilities and needs over wants
Literacy
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Personal and Social Capability
Self-management
Develop self-discipline and set goals
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
explaining how financial records such as income statements, balance sheets, budgets and cash flow statements inform business decision-making
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Numeracy
Estimating and calculating with whole numbers
exploring ways that businesses manage finances and plan in the short- and long-term to achieve organisational and financial objectives (for example, by developing a business plan or borrowing to invest in the business)
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Consider points of view
Personal and Social Capability
Social awareness
Understand relationships
Appreciate diverse perspectives
Contribute to civil society
investigating successful entrepreneurs and identifying the behaviours and skills that they bring to their business (for example, seeing and taking advantage of an opportunity, establishing a shared vision; demonstrating initiative, innovation and enterprise)
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Exploring values, rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Personal and Social Capability
Social awareness
Contribute to civil society
Understand relationships
Appreciate diverse perspectives
observing local businesses to identify factors that contribute to their success (for example, location, quality of service, a high-quality product, sound management practices)
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
investigating the contribution that work can make to an individual (for example, earning an income, contributing to an individual's self-esteem, contributing to the community, material and non-material living standards and happiness)
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
exploring different types of work such as full-time, part-time, casual, at home, paid, unpaid, unrecognised, volunteer
Critical and Creative Thinking
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
investigating alternative sources of income such as through owning a business, being a shareholder, providing a rental service
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Generating ideas, possibilities and actions
Reflecting on thinking and processes
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
discussing the ways people who have retired from employment earn an income (for example, age pension, superannuation and private savings)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Personal and Social Capability
Self-management
Express emotions appropriately
Social awareness
Appreciate diverse perspectives
Literacy
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Questioning and research
ScOT Terms
Literacy
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose texts
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Comprehend texts
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Reflecting on thinking and processes
developing questions to form the basis of an economic or business investigation (for example, 'Why do people work?', 'Why is it important to plan ways to achieve personal financial objectives?', 'Why are consumers and producers reliant on each other?', 'How can a business achieve success in the market?')
Personal and Social Capability
Social awareness
Contribute to civil society
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
identifying the steps needed for an investigation and the resources needed
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Gather relevant data and information from a range of digital, online and print sources
(ACHES022 - Scootle
)
ScOT Terms
Literacy
Visual Knowledge
Understand how visual elements create meaning
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Comprehend texts
Information and Communication Technology (ICT) Capability
Investigating with ICT
Define and plan information searches
Locate, generate and access data and information
Critical and Creative Thinking
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Numeracy
Interpreting statistical information
identifying sources of data and information (for example, Australian Bureau of Statistics for information on types of employment (full-time, part-time, casual))
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Numeracy
Interpreting statistical information
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Interpretation and analysis
Interpret data and information displayed in different formats to identify relationships and trends
(ACHES023 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Comprehend texts
Visual Knowledge
Understand how visual elements create meaning
Composing texts through speaking, writing and creating
Compose texts
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Interpreting statistical information
interpreting tables, charts and graphs containing economic or business data to identify trends (for example, to answer the question: 'To what extent has the number of people in casual work increased?')
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Organise and process information
Identify and clarify information and ideas
Numeracy
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Using spatial reasoning
Interpret maps and diagrams
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Visual Knowledge
Understand how visual elements create meaning
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
using data to make predictions about future trends (for example, the trend of shopping online, trends in working hours or how people work)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Imagine possibilities and connect ideas
Seek solutions and put ideas into action
Reflecting on thinking and processes
Transfer knowledge into new contexts
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of sentence structures
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Interpreting statistical information
Economic reasoning, decision-making and application
Generate a range of alternatives in response to an observed economic or
business issue or event, and evaluate the potential costs and benefits of each alternative
(ACHES024 - Scootle
)
ScOT Terms
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Reflect on ethical action
Literacy
Comprehending texts through listening, reading and viewing
Comprehend texts
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose texts
Compose spoken, written, visual and multimodal learning area texts
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Numeracy
Estimating and calculating with whole numbers
Estimate and calculate
Use money
Critical and Creative Thinking
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
examining the trade-offs involved in making choices about how to earn an income (for example, working as an employee or owning your own business)
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Personal and Social Capability
Social management
identifying the costs and benefits associated with alternatives (for example, the costs and benefits of being an employee compared with being a business owner)
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Numeracy
Estimating and calculating with whole numbers
Personal and Social Capability
Social management
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Consider alternatives
creating simple budgets to achieve specific financial goals and using digital and online tools to keep financial records in a 'real-life' context
Information and Communication Technology (ICT) Capability
Creating with ICT
Generate ideas, plans and processes
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
Generating ideas, possibilities and actions
Numeracy
Estimating and calculating with whole numbers
applying enterprising behaviours to a class activity (for example, by taking on a leadership role in a project, establishing goals, accepting responsibility, and negotiating and working with others during the investigation)
Literacy
Grammar knowledge
Express opinion and point of view
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Personal and Social Capability
Social management
Develop leadership skills
Work collaboratively
Make decisions
Self-awareness
Understand themselves as learners
Recognise personal qualities and achievements
Self-management
Develop self-discipline and set goals
Work independently and show initiative
Ethical Understanding
Exploring values, rights and responsibilities
Consider points of view
Examine values
Explore rights and responsibilities
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
Reason and make ethical decisions
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Numeracy
Estimating and calculating with whole numbers
Understand and use numbers in context
Use money
Estimate and calculate
Critical and Creative Thinking
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
identifying links between entrepreneurial behaviour and successful businesses
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Communication and reflection
Present evidence-based conclusions using
economics and
business language and concepts in a range of appropriate formats, and reflect on the consequences of alternative actions
(ACHES026 - Scootle
)
ScOT Terms
Ethical Understanding
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Think about thinking (metacognition)
Literacy
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Composing texts through speaking, writing and creating
Deliver presentations
Compose texts
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Use knowledge of words and word groups
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Visual Knowledge
Understand how visual elements create meaning
communicating findings in different formats such as graphs, tables, spreadsheets, visual displays and reports
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Think about thinking (metacognition)
Transfer knowledge into new contexts
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Visual Knowledge
Understand how visual elements create meaning
Grammar knowledge
Use knowledge of words and word groups
Use knowledge of sentence structures
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Deliver presentations
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Numeracy
Using spatial reasoning
Interpret maps and diagrams
Interpreting statistical information
using economics and business terms when presenting conclusions such as market, workforce, income, financial objectives, entrepreneurial behaviours and skills, costs and benefits
Literacy
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
discussing the consequences of an economic or business decision, and reflecting on the effect of alternative actions
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Express opinion and point of view
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Reflect on processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Self-management
Express emotions appropriately
Ethical Understanding
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Year 7 Achievement Standards
By the end of Year 7, students describe the interdependence of consumers and producers in the market . They explain the importance of short- and long-term planning to individual and business success and identify different strategies that may be used. They describe the characteristics of successful businesses and explain how entrepreneurial capabilities contribute to this success. Students identify the reasons individuals choose to work and describe the various sources of income that exist.
When researching, students develop questions and gather data and information from different sources to investigate an economic or business issue. They interpret data to identify trends. They propose alternative responses to an issue and assess the costs and benefits of each alternative. They apply economics and business knowledge, skills and concepts to familiar problems. Students develop and present conclusions using appropriate texts, terms and concepts. They identify the effects of their decisions and the possible effects of alternative actions.
Year 7 Work Sample Portfolios
Year 8
Year 8 Level Description
The Year 8 curriculum gives students the opportunity to further develop their understanding of economics and business concepts by exploring the ways markets – including traditional Aboriginal and Torres Strait Islander markets – work within Australia, the participants in the market system and the ways they may influence the market's operation. The rights, responsibilities and opportunities that arise for businesses, consumers and governments are considered along with the influences on the ways individuals work now and into the future. The emphasis in Year 8 is on national and regional issues, with opportunities for the concepts to also be considered in relation to local community or global issues where appropriate.
The economics and business content at this year level involves two strands: economics and business knowledge and understanding, and economics and business skills. These strands are interrelated and have been developed to be taught in an integrated way, and in ways that are appropriate to specific local contexts. The order and detail in which they are taught are programming decisions.
Students are expected to be taught the content through contemporary issues, events and/or case studies. Teachers will design programs that cover appropriate contexts and meet the needs of their students.
Key inquiry questions
A framework for developing students' economics and business knowledge, understanding and skills at this year level is provided by the following key questions:
Why are markets needed, and why are governments involved?
Why do consumers and businesses have both rights and responsibilities?
What may affect the ways people work now and in the future?
How do different businesses respond to opportunities in the market?
Year 8 Content Descriptions
The ways markets in Australia operate to enable the distribution of resources, and why they may be influenced by government
(ACHEK027 - Scootle
)
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Consider points of view
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Pose questions
Identify and clarify information and ideas
identifying who is involved in the market system in Australia and explaining how the market operates through the interactions of the participants (for example, household, business, finance, and government sectors)
Literacy
Text knowledge
Use knowledge of text structures
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
identifying different types of markets that operate in Australia such as retail markets, labour markets, financial markets, stock markets
Literacy
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Reflecting on thinking and processes
explaining how the interaction between buyers and sellers influences prices and how markets enable the distribution and allocation of resources (that is, how do businesses answer the questions of what to produce, how to produce and for whom to produce?)
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Understand relationships
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Grammar knowledge
Use knowledge of sentence structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
identifying examples of government involvement in the market through reallocation of resources, regulation of economic activity or redistribution of income (for example, providing some types of goods and services not being provided sufficiently by the market, such as health care)
Literacy
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
identifying reasons government intervenes in the market (for example, to improve economic performance and remedy market failure)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Exploring values, rights and responsibilities
Explore rights and responsibilities
The traditional markets of Aboriginal and Torres Strait Islander communities and their participation in contemporary markets
(ACHEK028 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Intercultural Understanding
Recognising culture and developing respect
Explore and compare cultural knowledge, beliefs and practices
Develop respect for cultural diversity
Investigate culture and cultural identity
exploring traditional practices that enabled fast and expansive exchange in technology, ideas and rare and valuable goods within and between Aboriginal and Torres Strait Islander communities (for example, through trade, songlines and ceremony), and how this reinforced personal and group relationships
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Personal and Social Capability
Social awareness
Understand relationships
Appreciate diverse perspectives
Intercultural Understanding
Recognising culture and developing respect
Develop respect for cultural diversity
Explore and compare cultural knowledge, beliefs and practices
Investigate culture and cultural identity
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Exploring values, rights and responsibilities
Examine values
Consider points of view
recognising that Aboriginal and Torres Strait Islander communities participate in contemporary markets (for example, employment, social contribution) and identifying the barriers to access to contemporary markets (for example, distance, poverty)
Intercultural Understanding
Recognising culture and developing respect
Investigate culture and cultural identity
Develop respect for cultural diversity
Explore and compare cultural knowledge, beliefs and practices
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Examine values
Consider points of view
Reasoning in decision making and actions
Reason and make ethical decisions
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Understand relationships
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
investigating the innovative ways Aboriginal and Torres Strait Islander Peoples utilise their cultural knowledge in contemporary contexts in enterprising ways (for example, cultural tourism and other business ventures that harness traditional knowledge of art, medicines and food derived from the environment)
Ethical Understanding
Exploring values, rights and responsibilities
Consider points of view
Examine values
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Intercultural Understanding
Recognising culture and developing respect
Investigate culture and cultural identity
Explore and compare cultural knowledge, beliefs and practices
Develop respect for cultural diversity
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Organise and process information
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Personal and Social Capability
Social awareness
Understand relationships
Appreciate diverse perspectives
The rights and responsibilities of consumers and businesses in Australia in terms of financial and economic decision-making
(ACHEK029 - Scootle
)
ScOT Terms
Personal and Social Capability
Social awareness
Contribute to civil society
Appreciate diverse perspectives
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
distinguishing the difference between rights and responsibilities and creating a list of the rights and responsibilities of consumers and businesses
Literacy
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Generating ideas, possibilities and actions
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
investigating the ways the rights of consumers are protected through the law (for example, warranties, cooling off periods)
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
identifying examples of how businesses are required by government to protect the safety of consumers (for example, mandatory and voluntary standards, product safety recalls)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Reflecting on thinking and processes
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
discussing different financial and economic decisions that consumers and businesses make
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Personal and Social Capability
Social management
Negotiate and resolve conflict
Communicate effectively
Types of businesses and the ways that businesses respond to opportunities in Australia
(ACHEK030 - Scootle
)
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Consider points of view
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
comparing different forms of business ownership (for example, sole proprietorship, partnership, corporation, cooperative, franchise)
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
explaining why a person or group of people would choose to establish one type of business rather than another
Literacy
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
exploring different external factors that influence business opportunities, such as government and government policy, competitors in the market, demographics, technological innovations in production processes and product design, economic conditions, globalisation, and changing social attitudes and trends of the target market
Literacy
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
identifying examples of the different ways businesses respond to opportunities in the market (for example, developing a new product to satisfy demand, changing the way they deliver their products or services to consumers)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Generating ideas, possibilities and actions
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
exploring different internal factors that influence business opportunities, such as the product, location, resources, management and business culture including ability to be adaptable and demonstrate enterprising behaviours and skills
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Influences on the ways people work and factors that might affect work in the future
(ACHEK031 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
investigating present influences on the ways people work, such as technological change, outsourced labour in the global economy, rapid communication changes, casualisation of the workforce
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Pose questions
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Information and Communication Technology (ICT) Capability
Applying social and ethical protocols and practices when using ICT
Identify the impacts of ICT in society
identifying changes to the workforce over time, such as the jobs available, the way individuals or communities value particular work, career length and human resource development, changing demography, corporate social responsibility and sustainability practices, changes to workplace laws
Ethical Understanding
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Consider points of view
Reasoning in decision making and actions
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Critical and Creative Thinking
Generating ideas, possibilities and actions
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Literacy
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
predicting changes to work in the future and possible outcomes (for example, 'What could be the effect of a changing attitude to work–life balance or the decline of some industries?')
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Imagine possibilities and connect ideas
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Grammar knowledge
Use knowledge of sentence structures
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Questioning and research
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Literacy
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Comprehend texts
Grammar knowledge
Use knowledge of sentence structures
developing targeted questions to form the basis of an investigation of an economic or business issue or event (for example, 'How are the prices of products determined through the interaction of participants in the market?', 'How should a business respond to an opportunity in the Australian market?', 'How are consumers' rights and responsibilities protected when they make purchasing decisions?')
Literacy
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Pose questions
devising the steps needed for an investigation and modifying as required
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Evaluate procedures and outcomes
Draw conclusions and design a course of action
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Gather relevant data and information from a range of digital, online and print sources
(ACHES033 - Scootle
)
ScOT Terms
Information and Communication Technology (ICT) Capability
Investigating with ICT
Define and plan information searches
Locate, generate and access data and information
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Comprehend texts
Word Knowledge
Understand learning area vocabulary
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Numeracy
Interpreting statistical information
organising and categorising data and/or information (for example, constructing a table showing the differences between types of businesses)
Numeracy
Interpreting statistical information
Using spatial reasoning
Interpret maps and diagrams
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Visual Knowledge
Understand how visual elements create meaning
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
accessing reliable information (for example, from departments of fair trading) to access advice on the rights and responsibilities of consumers and businesses, or finding information on strategies to resolve consumer and business disputes
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Reflect on ethical action
Consider consequences
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Explore rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Organise and process information
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
Interpretation and analysis
Interpret data and information displayed in different formats to identify relationships and trends
(ACHES034 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Literacy
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose texts
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Comprehend texts
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Visual Knowledge
Understand how visual elements create meaning
Numeracy
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Using spatial reasoning
Interpret maps and diagrams
interpreting data in tables, charts and graphs to identify relationships (for example, correlations between the location of groups and access to work opportunities)
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Interpreting statistical information
Using spatial reasoning
Interpret maps and diagrams
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Economic reasoning, decision-making and application
Generate a range of alternatives in response to an observed economic or
business issue or event, and evaluate the potential costs and benefits of each alternative
(ACHES035 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Comprehend texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Word Knowledge
Understand learning area vocabulary
Numeracy
Estimating and calculating with whole numbers
Use money
Estimate and calculate
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Reflect on ethical action
identifying opportunities in the market for a business and proposing alternative ways to take advantage of these
Critical and Creative Thinking
Generating ideas, possibilities and actions
Consider alternatives
Imagine possibilities and connect ideas
Seek solutions and put ideas into action
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Literacy
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Express opinion and point of view
Word Knowledge
Understand learning area vocabulary
undertaking a cost-benefit analysis of alternative ways for a business to respond to opportunities in the market and making a decision about which one to recommend
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Express opinion and point of view
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Imagine possibilities and connect ideas
Seek solutions and put ideas into action
Consider alternatives
Numeracy
Estimating and calculating with whole numbers
Interpreting statistical information
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
exploring an Aboriginal or Torres Strait Islander business or enterprise, analysing how it has responded to an issue or opportunity, and applying a cost-benefit analysis
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
applying informed decision-making skills to familiar and new situations (for example, helping the family decide what products they need to purchase during the week)
Ethical Understanding
Exploring values, rights and responsibilities
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Reflect on ethical action
Consider consequences
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Personal and Social Capability
Social management
Develop leadership skills
Make decisions
Numeracy
Estimating and calculating with whole numbers
applying enterprising behaviours to everyday activities (for example, by taking on a leadership role in a project, accepting responsibility for decisions made, or setting a goal for the week and developing a plan to achieve it)
Personal and Social Capability
Social management
Develop leadership skills
Make decisions
Work collaboratively
Self-awareness
Understand themselves as learners
Recognise personal qualities and achievements
Self-management
Develop self-discipline and set goals
Work independently and show initiative
Ethical Understanding
Exploring values, rights and responsibilities
Reasoning in decision making and actions
Consider consequences
Reflect on ethical action
Reason and make ethical decisions
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
demonstrating an understanding of their rights as consumers when buying an item or returning it to the store
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
Think about thinking (metacognition)
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Reflect on ethical action
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Communication and reflection
Present evidence-based conclusions using
economics and
business language and concepts in a range of appropriate formats, and reflect on the consequences of alternative actions
(ACHES037 - Scootle
)
ScOT Terms
Ethical Understanding
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
Literacy
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Deliver presentations
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Reflect on processes
constructing appropriate displays of information and data to show trends and relationships (for example, preparing a data show which includes visual displays including graphs and charts as well as text to present findings and conclusions)
Literacy
Visual Knowledge
Understand how visual elements create meaning
Composing texts through speaking, writing and creating
Deliver presentations
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text cohesion
Use knowledge of text structures
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Critical and Creative Thinking
Reflecting on thinking and processes
Think about thinking (metacognition)
Reflect on processes
Transfer knowledge into new contexts
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Using spatial reasoning
Interpret maps and diagrams
Interpreting statistical information
developing different presentations for different audiences such as peers, businesses or the public, and for different purposes (for example, to persuade or inform)
Literacy
Composing texts through speaking, writing and creating
Deliver presentations
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of words and word groups
Express opinion and point of view
Use knowledge of sentence structures
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Reflect on processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
using economics and business terms and concepts such as interdependence, market economy, market system, price setting, outsourcing, business ownership, rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
Literacy
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
discussing and reflecting on the consequences of a proposed action, and those of the alternative actions
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Literacy
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Express opinion and point of view
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reflect on ethical action
Reason and make ethical decisions
Consider consequences
Personal and Social Capability
Self-management
Express emotions appropriately
Social awareness
Appreciate diverse perspectives
Year 8 Achievement Standards
By the end of Year 8, students explain how markets operate and recognise why governments may influence the market 's operation. They explain the rights and responsibilities of consumers and businesses in terms of financial and economic decision-making. They explain why different types of businesses exist and describe the different ways businesses can respond to opportunities in the market . Students describe influences on the way people work and factors that may affect work in the future.
When researching, students develop questions and gather relevant data and information from different sources to investigate an economic or business issue. They interpret data to identify trends and relationships. They propose a range of alternative responses to an issue and evaluate the costs and benefits of each alternative. They apply economics and business knowledge, skills and concepts to familiar and unfamiliar problems. Students develop and present evidence-based conclusions using appropriate texts, subject-specific language and concepts. They identify the effects of an economic or business decision and the potential consequences of alternative actions.
Year 8 Work Sample Portfolios
Year 9
Year 9 Level Description
The Year 9 curriculum gives students the opportunity to further develop their understanding of economics and business concepts by exploring the interactions within the global economy. Students are introduced to the concept of an 'economy' and explore what it means for Australia to be part of the Asia region and the global economy. They consider the interdependence of participants in the global economy, including the implications of decisions made by individuals, businesses and governments. The responsibilities of participants operating in a global workplace are also considered.
The economics and business content at this year level involves two strands: economics and business knowledge and understanding, and economics and business skills. These strands are interrelated and have been developed to be taught in an integrated way, and in ways that are appropriate to specific local contexts. The order and detail in which they are taught are programming decisions.
Students are expected to be taught the content through contemporary issues, events and/or case studies. Teachers will design programs that cover different contexts (personal, local, national, regional, global) and meet the needs of their students.
Key inquiry questions
A framework for developing students' economics and business knowledge, understanding and skills at this year level is provided by the following key questions:
How do participants in the global economy interact?
What strategies can be used to manage financial risks and rewards?
How does creating a competitive advantage benefit business?
What are the responsibilities of participants in the workplace and why are these important?
Year 9 Content Descriptions
ScOT Terms
Intercultural Understanding
Recognising culture and developing respect
Explore and compare cultural knowledge, beliefs and practices
Investigate culture and cultural identity
Develop respect for cultural diversity
identifying participants in the open Australian economy including household, business, finance, government and foreign sectors
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Reflecting on thinking and processes
Literacy
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
explaining the objectives of the Australian economy to satisfy needs and wants through the production and distribution of goods and services
Literacy
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
identifying Australia's major trading partners in the Asia region and the items of trade
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Intercultural Understanding
Recognising culture and developing respect
Develop respect for cultural diversity
Investigate culture and cultural identity
Explore and compare cultural knowledge, beliefs and practices
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
explaining the impact of global events on the Australian economy and its trade and investment relations with other countries (for example, a natural disaster in a country of the Asia region)
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
identifying examples of global events that impact on economic activity (for example, environmental, financial, economic, political, technological, social, cultural, sporting events)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Intercultural Understanding
Interacting and empathising with others
Consider and develop multiple perspectives
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Consider points of view
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Pose questions
Identify and clarify information and ideas
exploring Australia's interdependence with other economies and brainstorming the ways that consumers, producers, workers and governments interact with other economies
Literacy
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Listen and respond to learning area texts
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Personal and Social Capability
Social management
locating a range of products in the local shopping centre that were produced overseas, and proposing reasons why they were not produced in Australia (for example, comparative advantage and gains from specialisation and trade)
Literacy
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
examining the implications of participating in an interdependent global economy for consumers, workers, businesses and government (for example, mapping the global supply chain for a product to identify the advantages and disadvantages for participants in the chain)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Numeracy
Using spatial reasoning
Interpret maps and diagrams
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
investigating the activities of transnational corporations in supply chains and global business activities
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Literacy
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Intercultural Understanding
Recognising culture and developing respect
Investigate culture and cultural identity
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Why and how people manage financial risks and rewards in the current Australian and global financial landscape
(ACHEK040 - Scootle
)
ScOT Terms
Personal and Social Capability
Social management
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Reasoning in decision making and actions
Consider consequences
Reflect on ethical action
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
explaining the role of banks and other deposit-taking institutions (for example, credit unions or building societies, in collecting deposits, pooling savings and lending them to individuals and business)
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
identifying financial risks such as scams and identity theft
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
Reason and make ethical decisions
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
investigating different types of investment that enable people to accumulate savings for the future (for example, shares, term deposits, managed funds)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
debating the difference between good and bad debt, how to manage debt, the risks of over-indebtedness, and the importance of having a savings buffer
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Listen and respond to learning area texts
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Express opinion and point of view
Personal and Social Capability
Self-management
Express emotions appropriately
Social management
Communicate effectively
Negotiate and resolve conflict
Social awareness
Appreciate diverse perspectives
Critical and Creative Thinking
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
identifying ways consumers can protect themselves from risks (for example, through setting financial goals, insurances, savings, investments, diversification, scam avoidance and superannuation)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
explaining the financial landscape of Australia and overseas and the forces that shape and affect the financial industry (for example, financial deregulations, technological changes, economic and business activities, consumer and business sentiment about the financial landscape)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Imagine possibilities and connect ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Explore rights and responsibilities
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Consider points of view
Explore rights and responsibilities
Examine values
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
identifying the reasons businesses seek to build or create a competitive advantage (for example, to meet the changing demands of a competitive global market and improve their profit margins)
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
investigating the different strategies businesses use to create competitive advantage (for example, research and development, offering a lower-cost product, or by implementing efficient internal operations strategies)
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Exploring values, rights and responsibilities
Explore rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
discussing whether the adoption of strategies based around corporate social responsibility can increase the competitive advantage of businesses
Literacy
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Express opinion and point of view
Use knowledge of words and word groups
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Personal and Social Capability
Self-management
Express emotions appropriately
Social awareness
Appreciate diverse perspectives
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Explore rights and responsibilities
exploring emerging techniques businesses can use to gain an advantage, such as blended marketing, open innovation and use of social media
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Visual Knowledge
Understand how visual elements create meaning
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Information and Communication Technology (ICT) Capability
Communicating with ICT
Understand computer mediated communications
Collaborate, share and exchange
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
The changing roles and responsibilities of participants in the Australian or global workplace
(ACHEK042 - Scootle
)
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Explore rights and responsibilities
Personal and Social Capability
Social awareness
Contribute to civil society
identifying the responsibilities of various participants in a particular workplace (for example, employers, employees, industrial organisations or state, territory and Commonwealth governments)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Consider points of view
Understanding ethical concepts and issues
Recognise ethical concepts
Literacy
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
examining changes to the roles of employees in the workplace (for example, the increasing encouragement for workers to show initiative or act as intrapreneurs)
Literacy
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
identifying employer responsibilities to workers and the government (for example, superannuation, paid parental leave, income tax, company tax or the Goods and Services Tax (GST))
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
discussing the responsibilities of government in improving the conditions of workers (for example, work health and safety, equal employment opportunity, anti-discrimination laws)
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Literacy
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Express opinion and point of view
Use knowledge of sentence structures
Personal and Social Capability
Social management
Questioning and research
ScOT Terms
Literacy
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Comprehend texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Ethical Understanding
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
Reason and make ethical decisions
Personal and Social Capability
Social awareness
Contribute to civil society
establishing questions and/or hypotheses to form the basis of an investigation into a selected issue or event (for example, by asking questions about why it is increasingly important for businesses to seek a competitive advantage or establishing a hypothesis such as: 'The export of locally made products will greatly benefit the local community')
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Understanding ethical concepts and issues
Recognise ethical concepts
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
Literacy
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
devising the steps needed for an investigation and modifying the questions and the plan to respond to changing circumstances
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Draw conclusions and design a course of action
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
generating ideas about possible class or school projects and collaboratively developing a plan to guide the project
Critical and Creative Thinking
Generating ideas, possibilities and actions
Consider alternatives
Imagine possibilities and connect ideas
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Personal and Social Capability
Social management
Develop leadership skills
Work collaboratively
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Gather relevant and reliable data and information from a range of digital, online and print sources
(ACHES044 - Scootle
)
ScOT Terms
Literacy
Visual Knowledge
Understand how visual elements create meaning
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Comprehend texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Information and Communication Technology (ICT) Capability
Investigating with ICT
Define and plan information searches
Locate, generate and access data and information
Numeracy
Interpreting statistical information
collecting relevant data and information (for example, researching the current Australian and global financial landscape or ways to manage financial risks and rewards)
Critical and Creative Thinking
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Numeracy
Interpreting statistical information
using strategies to determine the reliability of information collected (for example, taking into account the author, purpose, audience, medium)
Critical and Creative Thinking
Reflecting on thinking and processes
Think about thinking (metacognition)
Transfer knowledge into new contexts
Reflect on processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Evaluate procedures and outcomes
Apply logic and reasoning
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
explaining assumptions or missing information in sources that may affect the reliability of an opinion about the issue
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Critical and Creative Thinking
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Consider alternatives
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Literacy
Grammar knowledge
Use knowledge of sentence structures
Express opinion and point of view
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Interpretation and analysis
Analyse data and information in different formats to explain cause-and-effect relationships, make predictions and illustrate alternative perspectives
(ACHES045 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Use language to interact with others
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Comprehend texts
Navigate, read and view learning area texts
Grammar knowledge
Use knowledge of sentence structures
Numeracy
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Using spatial reasoning
Interpret maps and diagrams
Ethical Understanding
Exploring values, rights and responsibilities
organising the data and information collected into a form that shows the different perspectives around an issue/event (for example, the impact of global events on participants in the Australian economy)
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Exploring values, rights and responsibilities
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Reflecting on thinking and processes
Transfer knowledge into new contexts
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Express opinion and point of view
Numeracy
Interpreting statistical information
Using spatial reasoning
Interpret maps and diagrams
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
using data to make predictions about future trends (for example, the way businesses operate in the global economy or trends in Australia's trade with countries of the Asia region)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Interpreting statistical information
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Intercultural Understanding
Recognising culture and developing respect
Investigate culture and cultural identity
Economic reasoning, decision-making and application
Generate a range of viable options in response to an economic or
business issue or event, use
cost-benefit analysis and appropriate criteria to recommend and justify a course of action and predict the potential consequences of the proposed action
(ACHES046 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Reflecting on thinking and processes
Think about thinking (metacognition)
Reflect on processes
Transfer knowledge into new contexts
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Evaluate procedures and outcomes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reflect on ethical action
Reason and make ethical decisions
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Comprehend texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Word Knowledge
Understand learning area vocabulary
Numeracy
Estimating and calculating with whole numbers
Estimate and calculate
Use money
identifying and comparing possible alternatives to address a problem such as how to manage over-indebtedness
Literacy
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
evaluating the costs and benefits of a range of alternatives such as strategies for a business seeking to remain competitive in the global market
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Numeracy
Estimating and calculating with whole numbers
using a range of criteria (social, economic, environmental) to select and justify a preferred option
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Literacy
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Apply logic and reasoning
Personal and Social Capability
Social management
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
applying enterprising behaviours to class and everyday activities (for example, by taking on a leadership role in a project, establishing goals that are meaningful and realistic, accepting responsibility)
Personal and Social Capability
Self-awareness
Understand themselves as learners
Recognise personal qualities and achievements
Social management
Work collaboratively
Develop leadership skills
Make decisions
Self-management
Work independently and show initiative
Develop self-discipline and set goals
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Consider points of view
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Reflect on ethical action
Consider consequences
Critical and Creative Thinking
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
Literacy
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Grammar knowledge
Express opinion and point of view
Use knowledge of sentence structures
applying different strategies for mitigating risks, such as using procedures for safe and secure online banking and shopping (for example, checking bank/credit card statements; using credible, secure websites)
Critical and Creative Thinking
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Consider alternatives
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Information and Communication Technology (ICT) Capability
Applying social and ethical protocols and practices when using ICT
Apply digital information security practices
Apply personal security protocols
Communication and reflection
ScOT Terms
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Literacy
Grammar knowledge
Express opinion and point of view
Use knowledge of sentence structures
Use knowledge of words and word groups
Text knowledge
Use knowledge of text cohesion
Use knowledge of text structures
Composing texts through speaking, writing and creating
Deliver presentations
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Compose texts
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Visual Knowledge
Understand how visual elements create meaning
representing data in different forms such as charts, tables and graphs, maps or models to communicate findings
Literacy
Composing texts through speaking, writing and creating
Deliver presentations
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Visual Knowledge
Understand how visual elements create meaning
Text knowledge
Use knowledge of text cohesion
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Numeracy
Interpreting statistical information
Using spatial reasoning
Interpret maps and diagrams
developing texts for different audiences such as peers, businesses, the public, and for different purposes (for example, to persuade or inform)
Literacy
Composing texts through speaking, writing and creating
Deliver presentations
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Use knowledge of words and word groups
Use knowledge of sentence structures
Express opinion and point of view
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Text knowledge
Use knowledge of text cohesion
Use knowledge of text structures
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
using economics and business terms and concepts such as interdependence, trade, comparative advantage, globalisation, supply chain, insurance, savings buffer, intrapreneur, competitive advantage, costs, benefits
Literacy
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
ScOT Terms
Ethical Understanding
Reasoning in decision making and actions
Reflect on ethical action
Critical and Creative Thinking
Reflecting on thinking and processes
Think about thinking (metacognition)
Transfer knowledge into new contexts
Reflect on processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
discussing and reflecting on the outcomes of a decision and identifying those that were intended or unintended
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Literacy
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Grammar knowledge
Use knowledge of words and word groups
Express opinion and point of view
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Self-management
Express emotions appropriately
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Reflect on ethical action
Year 9 Achievement Standards
By the end of Year 9, students explain the role of the Australian economy in allocating and distributing resources, and analyse the interdependence of participants in the global economy . They explain the importance of managing financial risks and rewards and analyse the different strategies that may be used. They explain why businesses seek to create a competitive advantage , including through innovation, and evaluate the strategies that may be used. Students analyse the roles and responsibilities of participants in the workplace.
When researching, students develop questions and simple hypotheses to frame an investigation of an economic or business issue. They gather and analyse relevant data and information from different sources to answer questions, identify trends and explain relationships. Students generate alternative responses to an issue and use cost-benefit analysis and appropriate criteria to propose a course of action. They apply economics and business knowledge, skills and concepts to familiar, unfamiliar and hypothetical problems. Students develop and present evidence-based conclusions and reasoned arguments using appropriate texts, subject-specific language and concepts. They analyse the effects of economic and business decisions and the potential consequences of alternative actions.
Year 9 Work Sample Portfolios
Year 10
Year 10 Level Description
The Year 10 curriculum gives students the opportunity to further develop their understanding of economics and business concepts by considering Australia's economic performance and standard of living. The ways governments manage economic performance to improve living standards is explored, along with the reasons why economic performance and living standards differ within and between economies. Students explore the nature of externalities and why the government intervenes to ensure that prices reflect the depletion of resources or costs to society. Students examine the consequences of decisions and the responses of business to changing economic conditions, including the way they manage their workforce.
The economics and business content at this year level involves two strands: economics and business knowledge and understanding, and economics and business skills. These strands are interrelated and have been developed to be taught in an integrated way, and in ways that are appropriate to specific local contexts. The order and detail in which they are taught are programming decisions.
Students are expected to be taught the content through contemporary issues, events and/or case studies. Teachers will design programs that cover different contexts (personal, local, national, regional, global) and meet the needs of their students.
Key inquiry questions
A framework for developing students' economics and business knowledge, understanding and skills at this year level is provided by the following key questions:
How is the performance of an economy measured?
Why do variations in economic performance in different economies exist?
What strategies do governments use to manage economic performance?
How do governments, businesses and individuals respond to changing economic conditions?
Year 10 Content Descriptions
ScOT Terms
identifying indicators of economic performance such as economic growth rates, unemployment trends, inflation rates, sustainability indexes
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
investigating the performance of the Australian economy using key indicators and explaining fluctuations using phases of the business cycle
Literacy
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reflect on ethical action
Exploring values, rights and responsibilities
Examine values
Consider points of view
Explore rights and responsibilities
defining 'living standards' and explaining its relationship to economic performance
Literacy
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
exploring the factors that can explain the variations in economic performance within or between economies (for example, high levels of foreign ownership, employment rates, levels of debt)
Literacy
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
investigating economic performance and living standards and discussing how they can mean different things to different people and countries
Literacy
Grammar knowledge
Use knowledge of sentence structures
Express opinion and point of view
Use knowledge of words and word groups
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Ethical Understanding
Exploring values, rights and responsibilities
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Personal and Social Capability
Self-management
Express emotions appropriately
Social awareness
Appreciate diverse perspectives
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
investigating the ways living standards can be measured (for example, gross domestic product (GDP), Human Development Index (HDI) or total quality of life index)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Reflecting on thinking and processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
investigating the ways in which income and wealth are distributed in the economy, using measures such as an income distribution histogram, the Lorenz curve or the Gini coefficient
Literacy
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Pose questions
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Reflecting on thinking and processes
Numeracy
Interpreting statistical information
Using spatial reasoning
Interpret maps and diagrams
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Consider points of view
Reasoning in decision making and actions
Reflect on ethical action
Consider consequences
identifying examples of fiscal and monetary policy options designed to improve the standard of living, such as productivity policy, training and workforce development, taxation, work visas, migration, buying or selling government securities
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
identifying examples of government intervention that aim to redistribute income (for example, pensions, youth allowance and job search), and goods and services such as health care and education
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Reasoning in decision making and actions
Reason and make ethical decisions
investigating how Australia supports economic growth in the Asia region through participating in the Asia-Pacific Economic Cooperation (APEC) forum
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
Intercultural Understanding
Recognising culture and developing respect
Investigate culture and cultural identity
explaining the impact of minimum wage, government payments, taxation and government-funded services on living standards
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
identifying examples of externalities (that is, costs or benefits associated with the production or consumption of goods and/or services that affect the wellbeing of third parties or society more generally) and exploring the ways governments can influence or regulate these impacts to ensure prices reflect external costs
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Exploring values, rights and responsibilities
Examine values
Explore rights and responsibilities
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
ScOT Terms
Personal and Social Capability
Social management
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Reflect on ethical action
Consider consequences
identifying and explaining factors that influence major consumer decisions (for example, price, availability and cost of finance, marketing of products, age and gender of consumer, convenience, ethical and environmental considerations)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Ethical Understanding
Reasoning in decision making and actions
Reason and make ethical decisions
Consider consequences
Reflect on ethical action
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Exploring values, rights and responsibilities
Explore rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
evaluating the outcomes of buying (for example, a car, using criteria such as the effect of loan repayments on disposable income, depreciation, maintenance and insurance costs compared with the benefits of independence, convenience and social status)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Consider alternatives
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Numeracy
Estimating and calculating with whole numbers
Using fractions, decimals, percentages, ratios and rates
Apply proportional reasoning
identifying the difference between minor and major consumer and financial decisions and listing examples of each
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Explore rights and responsibilities
The ways businesses respond to changing economic conditions and improve
productivity through organisational management and workforce management
(ACHEK054 - Scootle
)
ScOT Terms
Ethical Understanding
Exploring values, rights and responsibilities
Consider points of view
Examine values
Explore rights and responsibilities
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Pose questions
Identify and clarify information and ideas
Organise and process information
describing ways in which businesses can improve productivity (for example, training, capital investment, investment in applications of technology, use of just-in-time inventory systems)
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Express opinion and point of view
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
exploring ways businesses structure their working environment to provide flexible, efficient approaches (for example, horizontal (flat) or vertical (tall) organisational structures)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
exploring the use of technology and the extent to which it has driven and allowed innovative responses by business
Literacy
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Information and Communication Technology (ICT) Capability
Applying social and ethical protocols and practices when using ICT
Identify the impacts of ICT in society
exploring the reasons for triple bottom line business planning and the possible implications for employees, competitors and the broader economy
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
identifying ethical and unethical workplace practices and investigating the impact of these practices on individuals
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Reflect on ethical action
Exploring values, rights and responsibilities
Explore rights and responsibilities
Consider points of view
Examine values
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Pose questions
Identify and clarify information and ideas
Reflecting on thinking and processes
investigating ways that businesses have responded to improving economic conditions (for example, increasing their research and development funding to create innovative products, adjusting marketing strategies to expand their market share, upskilling their workforce to improve productivity)
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Pose questions
Identify and clarify information and ideas
Reflecting on thinking and processes
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Questioning and research
ScOT Terms
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Pose questions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Draw conclusions and design a course of action
Literacy
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Compose texts
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Comprehend texts
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Reflect on ethical action
Personal and Social Capability
Social awareness
Contribute to civil society
establishing questions to form the basis of an economic or business investigation into an issue or event, such as 'Why do standards of living differ within an economy?', or formulating a hypothesis such as 'Responding to an upswing in the economy with expansionary measures will improve business productivity'
Literacy
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Ethical Understanding
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Reasoning in decision making and actions
Reason and make ethical decisions
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Draw conclusions and design a course of action
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Pose questions
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Personal and Social Capability
Social awareness
Contribute to civil society
devising the steps needed for an investigation, and evaluating and modifying the plan or adjusting the research focus as appropriate
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Evaluate procedures and outcomes
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Gather relevant and reliable data and information from a range of digital, online and print sources
(ACHES056 - Scootle
)
ScOT Terms
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Comprehend texts
Word Knowledge
Understand learning area vocabulary
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Information and Communication Technology (ICT) Capability
Investigating with ICT
Locate, generate and access data and information
Define and plan information searches
Numeracy
Interpreting statistical information
collecting data and information from a variety of sources relevant to the issue or event being investigated
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Numeracy
Interpreting statistical information
representing data and information in a format to aid interpretation and analysis (for example, providing a timeline of events and/or providing a graph showing changes in data)
Literacy
Visual Knowledge
Understand how visual elements create meaning
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Text knowledge
Use knowledge of text cohesion
Use knowledge of text structures
Composing texts through speaking, writing and creating
Use language to interact with others
Deliver presentations
Compose spoken, written, visual and multimodal learning area texts
Grammar knowledge
Use knowledge of words and word groups
Use knowledge of sentence structures
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Numeracy
Using spatial reasoning
Interpret maps and diagrams
Interpreting statistical information
determining the source and reliability of data and information and explaining assumptions or missing information in sources that may affect reliability
Literacy
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Grammar knowledge
Use knowledge of sentence structures
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Text knowledge
Use knowledge of text structures
Numeracy
Interpreting statistical information
Ethical Understanding
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reason and make ethical decisions
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Interpretation and analysis
Analyse data and information in different formats to explain cause-and-effect relationships, make predictions and illustrate alternative perspectives
(ACHES057 - Scootle
)
ScOT Terms
Critical and Creative Thinking
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Draw conclusions and design a course of action
Apply logic and reasoning
Reflecting on thinking and processes
Transfer knowledge into new contexts
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Composing texts through speaking, writing and creating
Compose texts
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Comprehend texts
Navigate, read and view learning area texts
Grammar knowledge
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Visual Knowledge
Understand how visual elements create meaning
Text knowledge
Use knowledge of text structures
Ethical Understanding
Exploring values, rights and responsibilities
Numeracy
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
categorising and interpreting data and information collected into a form that shows multiple perspectives around an issue/event
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Numeracy
Interpreting statistical information
interpreting a range of measures of economic performance and standards of living to identify differences within and between economies
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Generating ideas, possibilities and actions
Reflecting on thinking and processes
explaining relationships identified in data (for example, the relationship between standards of living, infant mortality and access to health services)
Literacy
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Numeracy
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
analysing information to make informed choices (for example, when purchasing goods and services)
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Draw conclusions and design a course of action
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Reflect on ethical action
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Exploring values, rights and responsibilities
Literacy
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Economic reasoning, decision-making and application
Generate a range of viable options in response to an economic or
business issue or event, use
cost-benefit analysis and appropriate criteria to recommend and justify a course of action and predict the potential consequences of the proposed action
(ACHES058 - Scootle
)
ScOT Terms
Numeracy
Estimating and calculating with whole numbers
Use money
Estimate and calculate
Literacy
Comprehending texts through listening, reading and viewing
Comprehend texts
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Grammar knowledge
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Composing texts through speaking, writing and creating
Compose texts
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Apply logic and reasoning
Draw conclusions and design a course of action
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
Reflecting on thinking and processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Reflect on processes
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reason and make ethical decisions
Reflect on ethical action
deciding on a potential major purchase (for example, a car, investigating options, calculating the costs of different purchasing methods and estimating the long-term costs and benefits of owning the asset and repaying the debt)
Critical and Creative Thinking
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Pose questions
Reflecting on thinking and processes
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Personal and Social Capability
Social management
Numeracy
Estimating and calculating with whole numbers
Estimate and calculate
Use money
examining the trade-offs businesses may need to consider when determining methods to improve their productivity (for example, employing more staff compared with upskilling existing staff)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Analysing, synthesising and evaluating reasoning and procedures
Apply logic and reasoning
Generating ideas, possibilities and actions
Reflecting on thinking and processes
ScOT Terms
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Consider alternatives
Reflecting on thinking and processes
Transfer knowledge into new contexts
evaluating different types of loans to estimate the short- and long-term financial implications of each
Literacy
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Word Knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Generating ideas, possibilities and actions
Analysing, synthesising and evaluating reasoning and procedures
Evaluate procedures and outcomes
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Reflecting on thinking and processes
Transfer knowledge into new contexts
Numeracy
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Estimating and calculating with whole numbers
Estimate and calculate
Use money
applying enterprising behaviours to a class or independent activity (for example, by showing initiative and leadership, establishing goals that are meaningful and realistic, accepting responsibility)
Literacy
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Navigate, read and view learning area texts
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Express opinion and point of view
Use knowledge of sentence structures
Text knowledge
Use knowledge of text structures
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Generating ideas, possibilities and actions
Seek solutions and put ideas into action
Consider alternatives
Reflecting on thinking and processes
Transfer knowledge into new contexts
Numeracy
Estimating and calculating with whole numbers
Personal and Social Capability
Self-management
Work independently and show initiative
Develop self-discipline and set goals
Self-awareness
Understand themselves as learners
Recognise personal qualities and achievements
Social management
Develop leadership skills
Make decisions
Work collaboratively
Ethical Understanding
Exploring values, rights and responsibilities
Explore rights and responsibilities
Examine values
Consider points of view
Understanding ethical concepts and issues
Explore ethical concepts in context
Recognise ethical concepts
Reasoning in decision making and actions
Reflect on ethical action
Reason and make ethical decisions
Consider consequences
using appropriate indicators of economic performance to explain variations across economies
Literacy
Text knowledge
Use knowledge of text structures
Word Knowledge
Understand learning area vocabulary
Grammar knowledge
Use knowledge of sentence structures
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Generating ideas, possibilities and actions
Consider alternatives
Seek solutions and put ideas into action
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Numeracy
Interpreting statistical information
Recognising and using patterns and relationships
Recognise and use patterns and relationships
Communication and reflection
ScOT Terms
Literacy
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Grammar knowledge
Use knowledge of words and word groups
Use knowledge of sentence structures
Express opinion and point of view
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Deliver presentations
Compose texts
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
using economics and business terms and concepts such as indicators, economic performance, business cycle, organisational structure, workforce management, interest rates
Literacy
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Word Knowledge
Use spelling knowledge
Understand learning area vocabulary
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Visual Knowledge
Understand how visual elements create meaning
Critical and Creative Thinking
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Reflecting on thinking and processes
Transfer knowledge into new contexts
communicating findings of the investigation in appropriate formats (for example, web pages, financial statements, spreadsheets, graphs and reports)
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Think about thinking (metacognition)
Transfer knowledge into new contexts
Generating ideas, possibilities and actions
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Text knowledge
Use knowledge of text structures
Use knowledge of text cohesion
Grammar knowledge
Use knowledge of sentence structures
Use knowledge of words and word groups
Word Knowledge
Understand learning area vocabulary
Use spelling knowledge
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Deliver presentations
Comprehending texts through listening, reading and viewing
Navigate, read and view learning area texts
Interpret and analyse learning area texts
Visual Knowledge
Understand how visual elements create meaning
Numeracy
Interpreting statistical information
Using spatial reasoning
Interpret maps and diagrams
Information and Communication Technology (ICT) Capability
Creating with ICT
Generate solutions to challenges and learning area tasks
developing texts for different audiences such as peers, businesses, the public, a business manager/entrepreneur, and for different purposes (for example, to persuade or inform)
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Identify and clarify information and ideas
Organise and process information
Literacy
Visual Knowledge
Understand how visual elements create meaning
Composing texts through speaking, writing and creating
Use language to interact with others
Compose spoken, written, visual and multimodal learning area texts
Deliver presentations
Grammar knowledge
Express opinion and point of view
Use knowledge of sentence structures
Word Knowledge
Understand learning area vocabulary
Text knowledge
Use knowledge of text structures
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
ScOT Terms
Critical and Creative Thinking
Reflecting on thinking and processes
Transfer knowledge into new contexts
Reflect on processes
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Ethical Understanding
Reasoning in decision making and actions
Reflect on ethical action
discussing the outcomes of a decision, identifying those that were intended and unintended and reflecting on strategies that may address the unintended consequences
Literacy
Grammar knowledge
Use knowledge of words and word groups
Use knowledge of sentence structures
Express opinion and point of view
Word Knowledge
Understand learning area vocabulary
Comprehending texts through listening, reading and viewing
Interpret and analyse learning area texts
Composing texts through speaking, writing and creating
Compose spoken, written, visual and multimodal learning area texts
Use language to interact with others
Text knowledge
Use knowledge of text structures
Ethical Understanding
Reasoning in decision making and actions
Consider consequences
Reflect on ethical action
Reason and make ethical decisions
Understanding ethical concepts and issues
Recognise ethical concepts
Explore ethical concepts in context
Critical and Creative Thinking
Reflecting on thinking and processes
Reflect on processes
Transfer knowledge into new contexts
Think about thinking (metacognition)
Inquiring – identifying, exploring and organising information and ideas
Organise and process information
Identify and clarify information and ideas
Personal and Social Capability
Social awareness
Appreciate diverse perspectives
Self-management
Express emotions appropriately
Year 10 Achievement Standards
By the end of Year 10, students explain why and how governments manage economic performance to improve living standards . They give explanations for variations in economic performance and standards of living within and between economies. They analyse factors that influence major consumer and financial decisions and explain the short- and long-term effects of these decisions. They explain how businesses respond to changing economic conditions and improve productivity . Students evaluate the effect of organisational and workforce management on business performance.
When researching, students develop questions and formulate hypotheses to frame an investigation of an economic or business issue or event. They gather and analyse reliable data and information from different sources to identify trends, explain relationships and make predictions. Students generate alternative responses to an issue, taking into account multiple perspectives. They use cost-benefit analysis and appropriate criteria to propose and justify a course of action. They apply economics and business knowledge, skills and concepts to familiar, unfamiliar and complex hypothetical problems. Students develop and present evidence-based conclusions and reasoned arguments incorporating different points of view. They use appropriate texts, subject-specific language, conventions and concepts. They analyse the intended and unintended effects of economic and business decisions and the potential consequences of alternative actions.
Year 10 Work Sample Portfolios
