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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Your task is to explore similarities and differences between the Australian economy and one other economy in the Asia…

There are 4 types of goods in economics, which are defined based on excludability and rivalrousness in consumption.…

Work in pairs to complete this investigation. Identify as many goods and services that governments provide in your…

As you read, highlight terms you do not understand. Reasons for and methods of protection To support domestic…

Keep your score for each round of the game. $4.00 for each red card kept. $1.00 for each card in the common…

Read the rules of the game and how to play it. Rules of the game You will play your cards throughout the game. You…

What are the effects of imposing a tariff on a particular good that is both produced domestically and imported?…

What are externalities and what forms of government intervention might help to correct the market failure from…

Sketch fully labelled and annotated demand-supply diagrams showing how equilibrium prices and quantities traded in the…

Your task is to work in groups to research and analyse how and why governments use taxation to influence the production…

How to explain the supply-side policies with the example of subsidies for electric cars. Assuming that the subsidy is…

Income distribution Income distribution refers to how a nation’s total income is shared amongst its population. The…