SSEC2.1.1 NSW mapping

ECONOMICS

Topic 1: Introduction to Economics 

Students learn to:

Examine economic issues

  • identify the opportunity costs involved in economic decisions made by individuals, businesses and governments at local, state and national levels.

Apply economic skills

  • work in groups to investigate aspects of economics and economies.

Students learn about:

Nature of economics

  • the need for choice by individuals and society
  • governments – influencing the decisions of individuals and business.