ECONOMICS
Unit 2: Economics
Unit 3: Economics
Market Failure
Macroeconomic Theories
A Course
Concepts and principles
- proposes individual and/or collective action drawing on economic concepts and principles, taking into account environmental, social and economic factors; and predicts the outcomes of the proposed action (ECOA04)
Types and forms
- explain the consequences of contemporary economic issues on individuals, firms and governments (ECOA08).
Issues, perspectives and viewpoints
- identify and describe trends and patterns, infers relationships, and makes predictions and inferences (ECOA09).
T Course
Concepts and principles
- proposes individual and/or collective action drawing on economic concepts and principles, taking into account environmental, social and economic factors; and predicts the outcomes of the proposed action (ECOT04).
Types and forms
- hypothesise the consequences of contemporary economic issues on individuals, firms and governments (ECOT08).
Issues, perspectives and viewpoints
- identify and analyse trends and patterns, infers relationships, and makes predictions and inferences (ECOT09).
M Course
Concepts and principles
- proposes individual and/or collective action drawing on economic concepts and principles, taking into account environmental, social and economic factors; and predicts the outcomes of the proposed action (ECOM03)