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 Business Studies 11–12 Syllabus:
- Loading .
Students’ knowledge and understanding of concepts related to starting a business may be developed through a Loading .
Students consider the following:
Purpose of the business
Target market for the business
Resources needed to produce goods or services
Location of the business
Branding of the business, including name, logo, slogan, design, and how these have been created to appeal to the target market
Marketing and advertising for the business
The role of the business plan
Ways to communicate business ideas
Reasons to start a business
Benefits of owning a business
Challenges of owning a business
How business ideas are generated
Ways to identify consumer needs or problems in familiar contexts
Ways to improve existing goods or services
Skills to pitch a business idea
The target market for familiar goods and services
The importance of having a target market
Ways to find out what a target market needs or wants that isn’t currently available
Factors that influence the location of a business
Types of resources needed to start a business
Ways to obtain assets when starting a business
The difference between essential and non-essential assets
Digital assets needed by a business and how they are used
The importance of a business name for business identity
Role of an Australian Business Number (ABN)
Permits or licences needed by a business
The purpose of a business plan
Key information for a business plan
Ways to make informed decisions when starting a business
Financial goals of a business
Expenses involved in starting a business
The difference between one-time and ongoing expenses
Types of taxes that businesses need to pay
The importance of marketing for businesses
The development of a business identity through branding, logos and online presence
How businesses in the local community advertise and promote their goods or services
Costs associated with marketing a business
Demonstrate strategies used to develop solutions for a business challenge
Demonstrate communication skills needed to pitch a business idea or promote a business
Demonstrate planning skills needed to set up a business
Gather and record data about a target market
Calculate expenses to support business decisions
Create a logo and branding that communicates the identity of a business