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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Government service Decision number Cost or benefit to welfare Running total (starting score…

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

Linked activities: How to choose what to buy

Part 1: Making a purchasing decision Scenario You need a new mobile phone plan that includes a phone. Search the…

Eileen’s spending is out of control! Can you help her? Eileen’s situation Eileen works at the local supermarket on…

Use the relevant workbooks in the Interactive budget templates to complete either option 1 or 2 below (you can do both…

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 –…

Part 1: Deciding on the characteristics of entrepreneurs In groups, decide on the meaning of each quality listed in…

Linked activity: Entrepreneurs and record keeping (AC v9.0) Profit, loss, and record-keeping (AC v8.4)

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

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