Curious Choices
Unit Overview
Every choice we make can be explained by economics, whether it is online dating or following a sporting team. Our choices rely on markets, demand and supply and the money trails, and we rely on economic thinking.
Skills
- Understand what a change in interest rates, share values or the value of the Australian dollar means to individuals and the economy.
- Identify fluctuations in the global and Australian economies and their likely effects on business
Outcomes or desired results
P1 demonstrates understanding of economic terms, concepts and relationships
P3 describes, explains and evaluates the role and operation of markets
P8 applies appropriate terminology, concepts and theories in economic contexts
P9 selects and organises information from a variety of sources for relevance and reliability
P11 applies mathematical concepts in economic contexts.
P12 works independently and in groups to achieve appropriate goals in set timelines
P3 describes, explains and evaluates the role and operation of markets
P8 applies appropriate terminology, concepts and theories in economic contexts
P9 selects and organises information from a variety of sources for relevance and reliability
P11 applies mathematical concepts in economic contexts.
P12 works independently and in groups to achieve appropriate goals in set timelines
Links to weekly programs available here:
Introduction to 'Curious Choices'
Michelle McGagh decided to make the choice not to spend in "My No Spend Year".
Listen to Michelle tell her story.
Can you describe her behaviour using economic terms and concepts?
Listen to Michelle tell her story.
Can you describe her behaviour using economic terms and concepts?
