11–12Economics 11–12 Syllabus (2025)
The new Economics 11–12 Syllabus (2025) is to be implemented from 2027 and will replace the Economics Stage 6 Syllabus (2009).
2026
- Plan and prepare to teach the new syllabus
2027, Term 1
- Start teaching the new syllabus for Year 11
- Start implementing new Year 11 school-based assessment requirements
- Continue to teach the Economics Stage 6 Syllabus (2009) for Year 12
2027, Term 4
- Start teaching the new syllabus for Year 12
- Start implementing new Year 12 school-based assessment requirements
2028
- First HSC examination for the new syllabus
Content
Life Skills
Through collaborative curriculum planning, it may be decided that Life Skills outcomes and content are the most appropriate option for some students with intellectual disability.
This content aligns with course content from the following focus areas in the Economics 11–12 Syllabus:
- Loading
- Loading
- Loading .
Familiar places where individuals or groups buy and sell things
Types of markets, including in person, online and global
How consumers use markets to meet their needs or wants
How markets help businesses sell goods and services to make money
How markets help businesses find customers and grow their business
Familiar examples of high demand or low supply of goods or services
How changes in demand affect how much a business produces
How changes in demand and supply affect prices
The role of demand and supply in making business decisions
Factors that affect demand and supply
Experiences of competition in everyday contexts
Familiar goods or services where there is a wide range of choice available
Reasons business competition exists
Impact of competition on the price of goods or services
Impact of competition on businesses
Ways businesses contribute to the local community
Ways businesses support the economy
Challenges for businesses in Australia
The role of government regulations for businesses
Goods and services the government provides to help communities
Reasons for government spending
The role of taxation
Taxation responsibilities of individuals and businesses
Government actions that affect how money is earned, spent and managed in the economy
Ways businesses provide employment opportunities
Ways businesses create income for suppliers
How business income moves through the economy
Compare the availability and cost of a good or a service in different markets and use this to make purchasing decisions
Record and interpret demand and supply data in the local community
Make purchasing decisions using information about promotions, incentives or deals for a widely available good or service
Calculate tax for a real or hypothetical business
Use data to graph the income and spending of a real or hypothetical business