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AUSTRALIAN CURRICULUM

AUSTRALIAN CURRICULUM . ECONOMICS. Australian Curriculum. What we know The place of economics in the Curriculum Year levels A detailed analysis – what will we teach?. What we Know. Curriculum Document is available but not endorsed pending Australian Government Review (Donnelly & Wiltshire)

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AUSTRALIAN CURRICULUM

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  1. AUSTRALIAN CURRICULUM ECONOMICS

  2. Australian Curriculum • What we know • The place of economics in the Curriculum • Year levels • A detailed analysis – what will we teach?

  3. What we Know • Curriculum Document is available but not endorsed pending Australian Government Review (Donnelly & Wiltshire) • Implementation depends on QSA, systems and schools. • 2 strands – Knowledge & understanding; Skills

  4. What we Know • Recommended time allocation in Years 5-8 is 30 minutes per week, or about 20 hrs per year. • How schools structure this is a school decision • Development of C2C materials by EQ may influence approach in EQ schools

  5. WHAT WE KNOW • The Shape paper largely determines the nature of the curriculum • 4 broad areas: • Resource allocation and making choices • Business environment • Consumer & financial literacy • Work and work futures • Year 7 in secondary school 2015

  6. ECONOMICS • Which of the four strands is relevant to Economics? • Resource Allocations & Choices • Consumer & Financial Literacy • Some parts of Business environments and parts of Work and work futures • Curriculum is not rich in elaboration

  7. Australian Curriculum – Year level structure • Year level description • Key Questions • Content Descriptions (a) Knowledge and Understanding and (b) Economics and Business Skills • Year level Achievement level Standard.

  8. Year 5 Key Questions • Why do I have to make choices as a consumer? • What influences the decisions that I make? • What can I do to make informed decisions?

  9. YEAR 5 CONTENT • Needs, wants, choices about limited resources • Types of resources and ways societies use them to satisfy needs and wants • Influences on consumer choices and methods used to make informed decisions

  10. Year 6 Key Questions • Why are there trade-offs associated with making decisions? • What are possible effects of my consumer & financial choices? • Why do businesses exist and what are the ways they provide goods & services?

  11. Year 6 • Opportunity cost and alternate use of resources • Effects of consumer and financial decisions on individual, community & environment • Why businesses exist and ways they provide goods and services

  12. Year 7 Key Questions • Why is there a relationship between consumers and producers in the market? • Why & How indiv & business plan to achieve goals? • How does entrepreneurial behaviour contribute to a successful business? • What types of work exist and how can people derive an income?

  13. Year 7 • Consumers, producers and the market • Characteristics of entrepreneurs and successful businesses • Why individuals & business plan to achieve personal. Organisational and financial objectives • Why work, types of work, deriving an income

  14. Year 8 Key Questions • Why are markets needed and why are govt’s involved? • Why do consumers and bus. Have rights & responsibilities? • What affects way people work now & in future • How do different businesses respond to market opportunities?

  15. Year 8 • Markets, government influence on markets • Traditional ATSI markets and ATSI participation in today’s markets • Rights & Responsibilities of consumers & Businesses • Types of Businesses • Influences on way people work

  16. Year 9 Key Questions - elective • How do participants in global economy interact? • Strategies to be used to manage financial risks and rewards? • How does creating a competitive advantage benefit business/

  17. Year 9 • Aust. Economy and its place in Asia and global economy • Why and how global economy participants are interdependent? • Why and how people manage financial risk in Aust and global financial landscape. • How to create and maintain a competitive advantage in global market • Roles & responsibilities in changing Aust/global workplace

  18. Year 10 Key Questions - elective • How is performance of an economy measured? • Why do variations in economic performance happen in different economies? • What strategies do govts use to manage the economy? • How do indiv, bus, govts respond to changing economic conditions

  19. Year 10 • Indicators of economic performance, and how Aust is performing • Links between performance and living standards, within & between economies, and causes • Ways governments manage the economy • Factors that influence major consumer and financial decisions • Ways businesses organise to improve productivity and respond to changing economic conditions

  20. Activity • Select one of Year 7, 8, 9, 10 and • Examine Content descriptions and develop elaborations for these. • Select either Year 5 or Year 6. What would you advise primary teachers they need to teach?

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