ECONOMICS GENERAL COURSE
Unit 1: Personal economic and financial decisions
Economic knowledge and understanding
- Influence of government on personal economic and financial decisions.
Unit 4 – Macroeconomics
Economic knowledge and understanding
Macroeconomic activity
- the concept of the circular flow of income
- the concepts of equilibrium, leakages and injections in the circular flow of income
Reasoning, interpretation and analysis
- use economic information and data to make predictions on the macroeconomy.
ECONOMICS ATAR COURSE
Unit 2 – Macroeconomics
Economic knowledge and understanding
Macroeconomic activity
- the concept of the circular flow of income
- the concepts of equilibrium, leakages and injections in the circular flow of income
Reasoning, interpretation and analysis
- use economic information and data to make predictions on the macroeconomy.