ECONOMICS
Unit 3: Economics
Macroeconomic Issues
Macroeconomic Theories
A Course
Structure, operation and models
- apply economic methods of inquiry and analyse their impact (ECOA02).
Nature and purpose of economics
- discuss the relationship between economic events and outcomes (ECOA05).
Types and forms
- explain the influence of political, ethical, environmental and social factors economic decision making (ECOA07).
Issues, perspectives and viewpoints
- identify and describe trends and patterns, infers relationships, and makes predictions and inferences (ECOA09).
Inquiry, research and investigation
- formulate economic inquiry questions (ECOA10)
- select and organise information and data from a variety of sources for relevance and reliability (ECOA11)
- explain economic relationships through the interpretation of patterns, data and information (ECOA12)
- compose responses drawing on data, models theories and information (ECOA13).
Communication
- communicate economic information, ideas, issues and arguments using appropriate written and/or oral and graphic forms (ECOA14)
- use economic language in appropriate contexts to demonstrate economic knowledge and understanding (ECOA15).
T Course
Structure, operation and models
- apply economic methods of inquiry and evaluate their impact (ECOT02).
Nature and purpose of economics
- analyse the relationship between economic events and outcomes (ECOT05)
Types and forms
- analyse the influence of political, ethical, environmental and social factors on economic decision making (ECOT07).
Issues, perspectives and viewpoints
- identify and analyse trends and patterns, infers relationships, and makes predictions and inferences (ECOT09).
Inquiry, research and investigation
- formulate economic inquiry questions (ECOT10)
- analyse information and data from a variety of sources for relevance, reliability and validity (ECOT11)
- evaluate economic relationships through the interpretation of patterns, data and information (ECOT12)
- compose responses drawing on data, models theories and information (ECOT13).
Communication
- communicate economic information, ideas, issues and arguments using appropriate written and/or oral and graphic forms (ECOT14)
- use economic language in appropriate contexts to demonstrate economic knowledge and understanding (ECOT15).
M Course
Structure, operation and models
- apply economic methods of inquiry and describe their impact (ECOM01).
Types and forms
- describe the influence of political, ethical, environmental and social factors on economic decision making (ECOM05).
Inquiry, research and investigation
- formulate economic inquiry questions (ECOM06)
- compose responses drawing on data, models theories and information (ECOM07).
Communication
- communicate economic information, ideas, issues and arguments using appropriate written and/or oral and graphic forms (ECOM08)
- use economic language in appropriate contexts to demonstrate economic knowledge and understanding (ECOM09).