ECONOMICS
Stage 2
Thinking Like an Economist
Economic inquiry skills
- Use an inquiring, critical, and thoughtful approach to their study of economics
- Investigate scenarios and economic problems through:
- analysing the rationale for economic decisions and evaluating their intended and unintended consequences
- communicating reasoned arguments and evidence-based recommendations.
Microeconomics
- Analyse and evaluate the consequences of subsides and taxes on markets government interventions on markets.