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 area in the Economics 11–12 Syllabus:
- Loading .
Students’ knowledge and understanding of concepts related to economic growth and issues may be developed through the Loading of ONE economic issue.
Students consider the following:
Reasons for the selected economic issue
Who is affected by the selected economic issue
How the selected economic issue impacts individuals, households or communities
Support networks or services available to support individuals affected by the selected economic issue
Ways the selected economic issue can be addressed
Benefits of community resources for individuals and groups
Ways individuals and organisations contribute to improving the local community
Ways that local businesses help build community identity and cohesion
Impacts of losing resources or businesses in the local community
Reasons for the loss of resources or businesses in the local community
Ways to prevent or reduce the loss of resources or businesses in the local community
Identify goods, services or businesses in the local community that have grown or declined
Impacts of the availability of a particular good or service
Reasons for increases or decreases in the production of goods or services
How the availability of resources can increase or reduce economic production
Ways individuals can contribute to economic growth
Reasons for unemployment
Effects of unemployment on individuals, households and communities
Reasons the prices of goods or services might rise or fall
Impacts of higher or lower prices of goods or services on individuals and households
Relationship between income, wealth and poverty
Groups that may be affected by pay inequality
Factors that can lead to ongoing poverty for people
Impacts of production and overproduction on the environment
Ways in which consumer actions can negatively impact the environment
The benefits of sustainable production for the community
Contributions of businesses to economic growth
Benefits of economic growth for individuals
Global issues that affect the economy
The role of support networks to help individuals or groups affected by economic issues
Use data to determine patterns or trends in unemployment for a particular industry or demographic
Calculate the impact of inflation on an individual or household
Communicate ways to support the environment when consuming goods and services