SSEC19.1.1 WA mapping

ECONOMICS GENERAL COURSE

Unit 3 – Microeconomics 

Economic knowledge and understanding

Effects of government policies

  • the effects of a tax on a market
  • the effects of a subsidy on a market.

Economic research

  • identify research questions to investigate
  • select appropriate print and electronic media sources of economic information and data on markets
  • apply appropriate methods of recording and organising microeconomic information, including spreadsheets, graphs and tables
  • apply problem-solving, critical thinking and decision-making strategies to achieve outcomes that may be predictable and contestable by nature.

Reasoning, interpretation and analysis

  • use economic information and data to make predictions on markets 
  • use evidence found in economic information and data to justify a conclusion.

Communication

  • select and use appropriate terminology
  • select and use appropriate formats when communicating economic understandings
  • use economic models to convey economic theory and reasoning about microeconomic events and issues.

Unit 4 – Macroeconomics 

Economic knowledge and understanding

Taxation

  • the concepts of equity, efficiency and simplicity in the context of Australia’s taxation system.

ECONOMICS ATAR COURSE 

Unit 1 – Microeconomics 

Economic knowledge and understanding

Effects of government policies

  • the effects of a tax on a market
  • the effects of a subsidy on a market.

Economic research

  • identify research questions to investigate
  • select appropriate print and electronic media sources of economic information and data on markets
  • apply appropriate methods of recording and organising microeconomic information, including spreadsheets, graphs and tables
  • apply problem-solving, critical thinking and decision-making strategies to achieve outcomes that may be predictable and contestable by nature.

Reasoning, interpretation and analysis

  • use economic information and data to make predictions on markets 
  • use evidence found in economic information and data to justify a conclusion.

Communication

  • select and use appropriate terminology
  • select and use appropriate formats when communicating economic understandings
  • use economic models to convey economic theory and reasoning about microeconomic events and issues.

Unit 2 – Macroeconomics 

Economic knowledge and understanding

Taxation

  • the concepts of equity, efficiency and simplicity in the context of Australia’s taxation system.

Unit 4 – Economic policies and management

Economic knowledge and understanding

Economic research

  • apply problem-solving, critical thinking and decision-making strategies to achieve outcomes which may be predictable and contestable by nature.

Reasoning, interpretation and analysis

  • use economic information and data to make predictions on Australia’s economic policy and management.

Communication

  • select and use appropriate terminology
  • select and use appropriate formats when communicating economic understandings
  • use economic models to convey economic theory and reasoning about Australia’s policy mix.