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Economics

Economics provides understanding for students about many aspects of the economy and its operations that are frequently reported in the media. It investigate issues such as why unemployment or inflation rates change and how these changes effect individuals in society.

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Topics Covered

Preliminary Course

  • Introduction to Economics: The nature of economics and the operation of an economy

  • Consumers and Business: The role consumers and business in the economy

  • Markets: The role of markets, demand, supply, and competition

  • Labour Markets: The workforce and the role of labour in the economy

  • Financial Markets: The financial market in Australia, including the share market

  • Government in the Economy: The role of the government in the Australian economy

Stock Market Quotes

Topics Covered

HSC Course

  • The Global Economy: Features of the global economy and globalisation

  • Australia’s Place in the Global Economy: Australia's trade and finance

  • Economic Issues: Issues including growth, unemployment, inflation, wealth and management

  • Economic Policies and Management: The range of policies to manage the economy

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