Prerequisites 

Minimum 55% in HASS ATAR ready.

Any student who underperforms in this course in Year 11 will be required to meet with the Head of Learning Area to discuss their continued enrolment in Year 12.

Aim of Course

Economics explores the choices which all people, groups and societies face as they confront the ongoing problem of satisfying their unlimited wants with limited resources. The Economics ATAR course aims to develop students’ ability to analyse the allocation, utilisation and distribution of scarce resources that determine our wealth and wellbeing. The study of Economics provides a framework for examining society’s issues and identifying possible solutions which assist decision making. The emphasis of the course is on the Australian economy.

Description of Course

Year 11

·        Unit 1: Title only:  Microeconomics

·        Unit 2: Title only:  Macroeconomics

Year 12

·        Unit 3: Title only:  Australia and the global economy

·        Unit 4: Title only:  Economic policies and management

More detailed course info can be found HERE.

Assessment:

  • Data interpretation/Short answer

  • Extended Answer

  • Examination