Outcomes
The Business and Economics Life Skills 11–12 Syllabus and its outcomes are being developed alongside the Business Studies 11–12 Syllabus.
uses economic terms, concepts and principles in a range of contexts
explains the economic role of individuals, businesses, institutions and government
explains the role and operation of markets in the Australian and global economy
explains the causes of economic issues and their consequences for individuals, businesses, government and the economy
discusses the perspectives of individuals, businesses, institutions and government on a range of economic issues
explains how policies are used to manage the economy
discusses policy measures to address economic issues in actual or hypothetical contexts
analyses data for patterns and relationships to support economic arguments and decision-making
applies mathematical concepts, formulas and techniques in economic contexts
communicates economic ideas and information in a range of forms appropriate to purpose and audience
applies economic terms, concepts and principles in a range of contexts
analyses the economic role of individuals, businesses, institutions and government
explains the role and effects of markets in the Australian and global economy
analyses the causes of economic issues and their consequences for individuals, businesses, government and the economy
assesses the perspectives of individuals, businesses, institutions and government on a range of economic issues
evaluates the effectiveness of economic policies used to manage issues in the Australian and global economy
proposes and justifies policy measures to address economic issues in actual or hypothetical contexts
analyses data for patterns and relationships to make predictions and support economic arguments and decision-making
applies mathematical concepts, formulas and techniques in economic contexts
communicates economic ideas, perspectives and information in a range of forms appropriate to purpose and audience