ECONOMICS
Unit 1: Economics
Unit 2: Economics
Price Mechanism
Market Failure
A Course
Nature and purpose of economics
- discuss the relationship between economic events and outcomes (ECOA05)
- explain the economic role of individuals, firms, institutions, markets and governments (ECOA06).
Types and forms
- explain the influence of political, ethical, environmental and social factors economic decision making (ECOA07)
- explain the consequences of contemporary economic issues on individuals, firms and governments (ECOA08).
Inquiry, research and investigation
- select and organise information and data from a variety of sources for relevance and reliability (ECOA11)
- 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
Nature and purpose of economics
- analyse the relationship between economic events and outcomes (ECOT05)
- evaluate the economic role of individuals, firms, institutions, markets and governments (ECOT06).
Types and forms
- analyse the influence of political, ethical, environmental and social factors on economic decision making (ECOT07)
- hypothesise the consequences of contemporary economic issues on individuals, firms and governments (ECOT08).
Inquiry, research and investigation
- analyse information and data from a variety of sources for relevance, reliability and validity (ECOT11)
- 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
Nature and purpose of economics
- describe the economic role of individuals, firms, institutions, markets and governments (ECOM04).
Types and forms
- describe the influence of political, ethical, environmental and social factors on economic decision making (ECOM05).
Inquiry, research and investigation
- 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).