Elaboration ACHES022
identifying sources of data and information (for example, Australian Bureau of Statistics for information on types of employment (full-time, part-time, casual))
Elaboration | ACHES022 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK027
identifying who is involved in the market system in Australia and explaining how the market operates through the interactions of the participants (for example, household, business, finance, and government sectors)
Elaboration | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK027
identifying different types of markets that operate in Australia such as retail markets, labour markets, financial markets, stock markets
Elaboration (1) | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES032
developing targeted questions to form the basis of an investigation of an economic or business issue or event (for example, ‘How are the prices of products determined through the interaction of participants in the market?’, 'How should a business respond …
Elaboration | ACHES032 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK038
identifying participants in the open Australian economy including household, business, finance, government and foreign sectors
Elaboration | ACHEK038 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK038
explaining the objectives of the Australian economy to satisfy needs and wants through the production and distribution of goods and services
Elaboration (1) | ACHEK038 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK038
identifying Australia’s major trading partners in the Asia region and the items of trade
Elaboration (2) | ACHEK038 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK038
explaining the impact of global events on the Australian economy and its trade and investment relations with other countries (for example, a natural disaster in a country of the Asia region)
Elaboration (3) | ACHEK038 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK039
exploring Australia's interdependence with other economies and brainstorming the ways that consumers, producers, workers and governments interact with other economies
Elaboration | ACHEK039 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK039
locating a range of products in the local shopping centre that were produced overseas, and proposing reasons why they were not produced in Australia (for example, comparative advantage and gains from specialisation and trade)
Elaboration (1) | ACHEK039 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (5) ACHEK040
explaining the financial landscape of Australia and overseas and the forces that shape and affect the financial industry (for example, financial deregulations, technological changes, economic and business activities, consumer and business sentiment about …
Elaboration (5) | ACHEK040 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES044
collecting relevant data and information (for example, researching the current Australian and global financial landscape or ways to manage financial risks and rewards)
Elaboration | ACHES044 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES045
organising the data and information collected into a form that shows the different perspectives around an issue/event (for example, the impact of global events on participants in the Australian economy)
Elaboration | ACHES045 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES045
using data to make predictions about future trends (for example, the way businesses operate in the global economy or trends in Australia’s trade with countries of the Asia region)
Elaboration (1) | ACHES045 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK050
investigating the performance of the Australian economy using key indicators and explaining fluctuations using phases of the business cycle
Elaboration (1) | ACHEK050 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK052
investigating how Australia supports economic growth in the Asia region through participating in the Asia-Pacific Economic Cooperation (APEC) forum
Elaboration (2) | ACHEK052 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum