Year 7 – Economics and Business

Learning to manage money and understand the impact of financial decisions is a vital life skill. Equip your students with relevant and practical lessons mapped to curriculum goals. 

52 results
 

Who provides the goods and services I need and want

Students explore how the private and public sector answer the fundamental economic questions of “What to produce?”, “…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Consumer decisions and the importance of planning

In this activity, students learn that making informed decisions about what they buy may require developing personal…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

How to choose what to buy

In this activity, students learn to use the PACED grid decision-making strategy to make a personal purchasing decision…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Budgeting

In this activity students learn that budgeting is an important financial planning tool. They learn the steps involved…

  • Economics & Business
  • Year 7
  • AC v8.4
  • activity
 

Setting financial goals

In this activity, students learn how to set SMART financial goals for short- and long-term financial decisions.…

  • Economics & Business
  • Year 7
  • AC v8.4
  • activity
 

Basic economic problem

Students learn about the basic economic problem, the fundamental economic question and why and how choices involve…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Strategic thinking skills of entrepreneurs – SWOT analysis

Entrepreneurs are always looking for new methods to fulfil their business goals and enhance operations, and a SWOT…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Government decisions and trade-offs

By playing a game, students develop an understanding of the trade-offs that governments make when they allocate…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Why businesses exist and how they are structured

Students investigate why businesses exist and the different ways they can be structured. They develop and apply…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Characteristics of entrepreneurs

Students consider where their own strengths lie and identify actions they could take to strengthen the qualities they…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Earning an income

In this activity, students investigate how people earn an income, why people work and the different types of work that…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity
 

Entrepreneurs and record keeping

Students engage in a hypothetical dog-walking business to practise keeping a business journal and explain how, as…

  • Economics & Business
  • Year 7
  • AC v9.0
  • activity