Economics can give us a global awareness that helps students prepare for a fast-changing, disruptive and uncertain future. Significant challenges beyond the global health crisis, such as climate change, racial and gender inequality, international conflicts, causes of poverty and refugees are affecting public policy and educators have a personal and social responsibility to raise awareness and promote equitable outcomes.
Students of economics can develop the ability to critically evaluate how governments, central banks and other stakeholders in society respond to and initiate policies in the economic cycle. The assessment tasks here are designed to encourage students to challenge classical assumptions of rationality and perfect markets, and seek to address the limitations of markets. Students are encouraged to use data, collected through their own inquiry as well as contemporary sources, to analyse and critically evaluate the social and economic outcomes of micro- and macro-economic policies. Through a global perspective, students question the dynamics of human behaviour and the truth behind power in economic systems and beliefs.
Click on the links below to access the Y11 and Y12 schedules and tasks.
Advice on appropriate assessment practice in relation to the Economics syllabus is contained in Assessment and Reporting in Economics Stage 6. This document provides general advice on assessment in Stage 6 as well as the specific requirements for the Preliminary and HSC courses.
It contains: • suggested components and weightings for the internal assessment of the Preliminary course • mandatory components and weightings for the internal assessment of the HSC course • the HSC examination specifications, which describe the format of the external HSC examination.
The document and other resources and advice related to assessment in Stage 6 Economics are available at the link below: