Economics and business / Year 9 / Economics and Business Knowledge and Understanding

View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

Australia as a trading nation and its place within the rising economies of Asia and broader global economy  (ACHEK038)

Elaborations
  • identifying participants in the open Australian economy including household, business, finance, government and foreign sectors
  • explaining the objectives of the Australian economy to satisfy needs and wants through the production and distribution of goods and services
  • identifying Australia‚Äôs major trading partners in the Asia region and the items of trade
  • explaining the impact of global events on the Australian economy and its trade and investment relations with other countries (for example, a natural disaster in a country of the Asia region)
  • identifying examples of global events that impact on economic activity (for example, environmental, financial, economic, political, technological, social, cultural, sporting events)
General capabilities
  • Intercultural understanding Intercultural understanding
Cross-curriculum priorities
ScOT terms

International trade,  Globalisation,  Regional trade,  Domestic markets

Online

Australia's Trade through Time

Using an interactive timeline created by the Department of Foreign Affairs and Trade, this Teacher guide provides 12 series of learning experiences that engage students in the analysis and interpretation of data about Australian trade from 1900 to the present day. Students study videos, tables, images and texts in order ...

Online

Trade and Investment at a Glance

Using an illustrated report from the Department of Foreign Affairs and Trade, this Teacher guide provides ten learning sequences that engage students in the analysis and interpretation of data about Australian imports and exports. Students: identify Australia's major exports and imports; investigate international trade ...