Economics

Economics Learning Area

HoD: Mr N Kumar

The Economic World – Students learn about the ways in which people participate in economic activities and about the consumption, production, and distribution of goods and services. They develop an understanding of their role in the economy and of how economic decisions affect individuals and communities.

Understandings in relation to the achievement objectives can be developed through a range of approaches. Using a social inquiry approach, students:

  • ask questions, gather information and background ideas, and examine relevant current issues
  • explore and analyse people’s values and perspectives
  • consider the ways in which people make decisions and participate in social action
  • reflect on and evaluate the understandings they have developed and the responses that may be required.