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 areas in the Business Studies 11–12 Syllabus:
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Management and leadership roles in everyday contexts
Importance of management and leadership in everyday contexts
Attributes of managers and leaders in familiar contexts
The role of management to plan, organise, lead and control businesses
Management skills
Ways managers support the wellbeing of staff
The role of leadership in businesses
People involved in a business
People in a business who support recruitment and employment
Other roles of the human resources team in a business
The importance of skills and qualifications for employment
How businesses select people for employment
The role of staff training and development
Ways to participate in staff training and development
Employee training to build cultural capabilities for all employees
Rewards in everyday contexts
Ways businesses encourage or maintain employee motivation
Reasons why some rewards work better than others
Skills and strategies to resolve workplace disputes
Types of voluntary and involuntary employee separation
How a person’s skills can be affected by long-term unemployment
The impact of high rates of unemployment on finding the right person for the job
The impact of technology on the skills and tasks of a job
The impact of technology on human resources processes
The impact of awards and entitlements on employment
Ways social changes influence the makeup of the workforce
Ethical decision-making in human resources for a diverse and inclusive workforce
Demonstrate management or leadership skills required for managing a business
Demonstrate interpersonal skills needed in the workplace, including working cooperatively with others and conflict resolution
Explore a workplace training and development opportunity and communicate how it benefits employees