Year 7 Economics and Business
The Year 7 curriculum gives students the opportunity to further develop their understanding of economics and business concepts by exploring what it means to be a consumer, a worker and a producer in the market, and the relationships between these groups. …
Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (4) ACHEK017
investigating the role and interactions of consumers and producers in the market (for example, using a simple circular flow of income model, demand, supply, price mechanism)
Elaboration (4) | ACHEK017 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Achievement Standard Economics and Business Year 7
By the end of Year 7, students describe the interdependence of consumers and producers in the market. They explain the importance of short- and long-term planning to individual and business success and identify different strategies that may be used. They …
Achievement Standard | Achievement Standards | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum