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NSW Curriculum
NSW Education Standards Authority

11–12Economics 11–12 Syllabus (2025)

Implementation from 2027
Expand for detailed implementation advice

Content

Year 11

International sector
International trade
  • Role and basis of international trade in the economy, including voluntary exchange for mutual benefit and the efficient allocation of resources

  • Value, direction and composition of Australia’s international trade

  • Features of Aboriginal and Torres Strait Islander trade, including major exports and historical international trade routes

  • Identify trade outcomes, including balanced, surplus and deficit

International investment
  • Features of international investment flows, including foreign debt and foreign equity

  • Value, direction and composition of Australia’s international investment

Exchange rates
  • Role of exchange rates in facilitating international trade and investment flows

  • Measurement of the relative value of the Australian dollar using bilateral exchange rates

Balance of payments
  • Purpose of the balance of payments as a record of international economic transactions

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