At a glance
A course where students explore how people, businesses and governments make choices when resources are limited. Students use data and real examples to understand issues that affect everyday life.
This course is a good choice for students who:
- are interested in business, politics or current events
- like debating issues and asking why things happen
- enjoy working with graphs, data and evidence
About this course
Economics helps students understand limited resources and how choices affect individuals, businesses and governments. Students use models, data and case studies to investigate issues and propose solutions. Assessment usually includes research and data tasks, plus written responses and presentations.
Pathways
This course can support pathways into areas such as:
- economics, business and commerce
- finance, banking and public policy (government decision making)
- law, government and international studies
- data and research roles
Units in this course
Students complete 2 units for a Minor or 4 units for a Major.
Microeconomic Foundations
This unit is about choices made by individuals, businesses and markets.
Students will:
- explore key ideas such as supply and demand
- use data and graphs to draw conclusions about decisions
Debates in Microeconomics
This unit is about current debates and problems in microeconomics.
Students will:
- analyse real scenarios and policy choices
- use evidence to propose solutions
Macroeconomic Foundations
This unit is about how the broader economy works at a national and global level.
Students will:
- explore ideas such as growth, employment and inflation
- use data to understand how governments respond through policy
- Debates in Macroeconomics
Debates in Macroeconomics
This unit is about current debates in macroeconomics and how decisions affect people’s lives.
Students will:
- investigate major economic issues and different viewpoints
- use research and data to make predictions and recommendations