Economics and Business

Teach your students about earning an income, how to manage money and set financial goals. In addition, develop knowledge of basic business planning and what makes a business successful.

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Rules Each member of your group has a starting ‘bank balance’ of $10.00. The communal pot is a community resource…

Your hypothetical situation For some time, your ambition has been to start and run a business in your local area. You…

Follow these instructions to play the game. Each group is the government of a nation and must decide on how to spend…

One of the first things you do when you start a business is decide on how it will be structured. Businesses are set up…

There are advantages and disadvantages associated with different business structures. Read Business structures –…

The goods and services tax (GST) is a broad-based tax of 10% on most goods and services sold or consumed in Australia…

What is the sharing economy?The sharing economy is economic activity through a digital platform (such as a website or…

Refer to Sharing economy – Explainer. Complete the following activities in pairs.Find as many examples of…

Investigate Using the sharing economy as a case study, investigate the following: How has the nature of work changed…

The amount employees earn before tax is called gross income. The amount they are paid, after tax has been deducted is…

Businesses need to make plans for the short- and long-term that will help them successfully achieve their objectives. A…

Print one copy and distribute one card to each group Business responsibility for the…