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Economics and business / Year 10 / Economics and Business Skills / Economic reasoning, decision-making and application

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

Apply economics and business knowledge, skills and concepts in familiar, new and hypothetical situations (ACHES059)

Elaborations
  • evaluating different types of loans to estimate the short- and long-term financial implications of each
  • applying enterprising behaviours to a class or independent activity (for example, by showing initiative and leadership, establishing goals that are meaningful and realistic, accepting responsibility)
  • using appropriate indicators of economic performance to explain variations across economies
General capabilities
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Enterprise (Behaviour)

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