LevelStage 2
Learning AreaHASS
SemesterFull Year
Pre-requisiteNone required
Additional CostsNone
SACE Credits20

Who is this course for?

Students who want an understanding of the economy and the world around us. Economics provides a useful background for study in business-related fields such as commerce and finance and for those seeking employment in a business environment.

What will I learn?

You will:

  • gain an understanding of how an economy operates, the structure of economic systems, and the way in which economic systems function
  • define, research, analyse, evaluate, and apply economic models that are expressed in graphical and/or diagrammatic form
  • make forecasts about economic change and evaluate issues for individuals and groups in local, national, and global settings
  • learn how some of these issues affect you lives and how you can use the knowledge and skills of economics to inform your participation in society.

Topics include:

  • Thinking like an economist
  • Microeconomics
  • Macroeconomics

How will I be assessed?

Internal 70%

School Assessment (70%)

  • Assessment Type 1: Skills and Applications Tasks (30%)
  • Assessment Type 2: Folio (40%)

External Assessment (30%)

  • Assessment Type 3: Examination (30%).extended response questions and an essay.)


None required

Last updated: 29 July 2021