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.
Students explore key concepts relating to managing a business through the study of one or more of the following:
- Management and human resources
- Operations
- Marketing
- Growth and decline
Case study
Students’ knowledge and understanding of concepts related to managing a business may be developed through a Loading .
Students consider the following:
- The purpose or goals of the business
- The role of leaders and managers in the business
- Marketing methods or techniques used by the business
- Daily tasks and activities of the business
- Resources required for the business to operate
- Training needed for new staff
- Ways the business supports diversity and inclusion
- Ways technology is used
- Methods the business uses to make improvements
- Challenges the business could face
- How the business proactively plans for or overcomes challenges
This content aligns with course content from the following focus area in the Business Studies 11–12 Syllabus:
- Loading .
Steps required to perform a familiar task
The importance of performing a familiar task well
Ways to improve efficiency when performing a familiar task
Daily tasks performed in a familiar business
Tasks performed by a business to produce or distribute goods or services
The goals of business operations to reduce costs, improve quality of goods or services and reduce the time it takes to produce the goods or services available to consumers
Tools and equipment needed to perform a familiar task
Tools and equipment needed to perform a task in a business
Digital tools used by businesses to complete tasks
The steps in a workflow for a particular task and the tools or equipment required for each step
Ways to improve the workflow of a particular task
Materials needed to produce particular goods or provide a particular service
The nature and purpose of inventory for a business
Ways to store and manage inventory
Advantages and disadvantages of outsourcing
Advantages and disadvantages of purchasing technology to use in the transformation process
Reasons for considering environmental sustainability in business operations
Ways to implement sustainable environmental practices in business operations
Role of ethics in operations
Apply skills to complete tasks with increasing speed and accuracy
Communicate and interpret workflows for tasks
Demonstrate decision making skills to improve the efficiency of a workflow for a task
Calculate the time required to complete a particular workflow task
Compare the effectiveness of tools used for a task and communicate the most appropriate tool for the task