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 .
What it means to market goods and services
Familiar examples of marketing
The goals of marketing goods and services
Characteristics and buying habits of target markets
How familiar goods or services attract consumers
The purpose of packaging for brand recognition
Ways to attract consumers through packaging
Factors to consider when making decisions about the price of goods or services
Impact of competition on the price of goods or services
Places goods and services can be sold
Advantages and disadvantages of selling goods and services online and in-store
Features of advertising, personal selling, sales promotions or digital marketing to promote goods and services
Effective promotion techniques for different target markets
Making business changes based on consumer preferences and trends
The impact of technology on businesses
Ethical practices in marketing
Gather and record data about a target market for a good or a service
Communicate ideas about how to promote a good or service to a specified target market for a real or hypothetical business
Make judgements about the effectiveness of marketing techniques used for a familiar good or service
Develop packaging or branding to promote a real or hypothetical good, service or business
Calculate the price of a hypothetical good or service