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

Why and how participants in the global economy are dependent on each other (ACHEK039)

Elaborations
  • exploring Australias interdependence with other economies and brainstorming the ways that consumers, producers, workers and governments interact with other economies
  • locating a range of products in the local shopping centre that were produced overseas, and proposing reasons why they were not produced in Australia (for example, comparative advantage and gains from specialisation and trade)
  • examining the implications of participating in an interdependent global economy for consumers, workers, businesses and government (for example, mapping the global supply chain for a product to identify the advantages and disadvantages for participants in the chain)
  • investigating the activities of transnational corporations in supply chains and global business activities
General capabilities
  • Critical and creative thinking Critical and creative thinking
  • Ethical understanding Ethical understanding
ScOT terms

Globalisation,  Supply chain

Teacher resource

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 ...

Teacher resource

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 ...

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Forest Learning: Going bush - native and plantation forests

This is a video comparing and contrasting Victoria's native forests and plantation forests of eucalyptus and pine in terms of their management requirements and the timber and fibre products they produce. Filmed on location in the forests, the presenters of Going Bush describe the uses of each particular forest's products ...

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Get Shucked Oysters

This is a short clip about a Tasmanian oyster farmer producing and serving farm-fresh oysters on site on Bruny Island. In this clip, oyster farmer and business owner, Joe Bennett, describes how he established his business from very small beginnings and has grown it to satisfy consumer demand. Watch to find out how this ...

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Fair Trade resource page

This is a wide-ranging set of resources about the fair trade initiatives of the world-wide development agency Oxfam. The resources include eight frequently asked questions about fair trade; an article entitled 'What’s wrong with world trade?'; a 7 min video and a poster tracing fair trade coffee from Papua New Guinea and ...

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Carey Bros Queensland

This is a video about the operation of the Carey Brothers meat production business. Introduced by Greg Carey, the video shows beef cattle at the company's abattoir as he lists the numbers of cattle, lambs and pigs processed in a typical week and the numbers of staff employed at the plant. He praises the resilience of the ...

Teacher resource

Trade statistics

This learning activity consists of a series of online resources supporting students to engage, explore and reflect on Australia's interdependence with economies in the Asia region. Students analyse data and information to identify Australia's major trading partners for food and fibre items. The activities provide students ...

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Prawn Farming

This is a short clip in which Gold Coast prawn farner, Nick Moore, describes the prawn farming industry, the business he manages, and the high standards of the Australian industry. Nick, explains why this business is more like agricultural farming than fishing and how his qualifications and experience more closely match ...

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Rugby Farms vegetable farm - different roles of employees

This is a short clip about a large business producing vegetables in Stanthorpe, Queensland for local and international markets. In this clip, a business manager describes the size of the business in terms of number of employees and physical area. It also shows three employees, a staff trainer, an agronomist and a boiler ...