Economics A

SACE Code	1ENO10
Level	Stage 1
Learning Area	HASS
Duration	Semester
Semester	Semester 1
Pre-requisite	None required but students should have a reasonable understanding of basic maths.
Additional Costs	None
SACE Credits	10

Who is this course for?

Students who want an understanding of how people, businesses and governments interact to make decisions about producing goods and services to meet the needs and wants of society.

No background knowledge is assumed.

What will I learn?

You will learn:

• How resources are allocated to producing goods and services
• The use of economic models to make predictions about prices and production
• The government’s involvement in the economy
• Economic thinking skills
• How choices and human interactions shape the society we live in

Topics:

• The Economic Problem
• Markets in action
• Economics decision-making

How will I be assessed?

You will demonstrate evidence of your learning through the following assessment types:

• Folio – 2 assignment tasks
• Economic project – analysis of an economic issue

Pre-requisite

None required but students should have a reasonable understanding of basic maths.

---

Last updated: 26 November 2024