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
Year 11
The Business and Economics Life Skills 11–12 Syllabus and its outcomes are being developed alongside the Business Studies 11–12 Syllabus.
Role of financial sector in the economy, including facilitating savings and investment
Types of financial intermediaries, including banks, insurers, fund managers and the central bank
Role of superannuation in the Australian economy as a source of savings and investment
Characteristics of equity markets
Primary and secondary share markets, including their functions and effects on the economy
Characteristics of debt markets
Primary and secondary bond markets, including their functions and effects on the economy
Role of interest rates in the economy, including the price of money, the cost of credit, the return on savings, and as an indicator of risk
Factors affecting the demand for funds, including consumer and business confidence, investment opportunities and government policies
Factors affecting the supply of funds, including domestic savings, alternative investment opportunities, foreign investment and government policies
Interpret a loanable funds graph to demonstrate the effect of changes in demand for funds and supply of funds on the rate of interest
Effects of interest rate changes on housing affordability