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.

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Why plan? The first step to business success is planning. Businesses need to make plans for the short- and long-term…

Refer to Planning for business success – Explainer Fred currently makes money from friends and family by walking…

Part 1: Deciding on entrepreneurial capabilities In groups, decide on the meaning of each quality listed in table 1…

For this activity, you will work in groups of 4. Your group’s task is to investigate answers to the following questions…

Everyone is different. Some people are natural savers, some are natural spenders and others are somewhere in between.…

As entrepreneurs you are going to open a hypothetical dog-walking business. Entrepreneurs assume risks and then keep…

Step 1: Determine your financial position Your weekly income Your weekly expenses…

Part 1: Saving to achieve goals Dev is a 25-year-old business consultant and earns a disposable income of $80,000 a…

Linked activity: Earning an income (AC v9.0) Earning an income (AC v8.4)

Part 1: Interpreting bank statements Bank statement - Sample Account details Codes Name…

Linked activity: Profit, loss, and record-keeping

Linked activity: What are my spending habits?