Economics and business / Year 7 / Economics and Business Knowledge and Understanding

Curriculum content descriptions

Why individuals work, types of work and how people derive an income (ACHEK020)

Elaborations
  • investigating the contribution that work can make to an individual (for example, earning an income, contributing to an individual’s self-esteem, contributing to the community, material and non-material living standards and happiness)
  • exploring different types of work such as full-time, part-time, casual, at home, paid, unpaid, unrecognised, volunteer
  • investigating alternative sources of income such as through owning a business, being a shareholder, providing a rental service
  • discussing the ways people who have retired from employment earn an income (for example, age pension, superannuation and private savings)
General capabilities
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Work (Labour),  Income

Video

Role models videos

Indigenous role models share their stories and experiences of work, training and the need for learning through over 220 video clips They explore ideas around work culture including core employability skills such as communication, teamwork, enterprise and problem solving, as well as the value of literacy and numeracy in ...

Video

My Five Cents: Why investing can be risky

Planning to get rich quick by investing one day? Before you jump in, let Gen Fricker explain some of the risks involved with different types of investments. Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Interactive

PreVET

The PreVet program is designed for students in the middle years and explores ideas around work culture and the value of literacy and numeracy in working life. It is a vast, multi-layered website providing student and teacher resources promoting job pathways for Aboriginal and Torres Strait Island people in remote northern ...

Video

Cascades Nursery - focus on growing trees

This is a video about tree grower Mandy McCorkindale and how she and her husband propagate, grow and sell 300 different trees at Cascades Nursery at Batlow, New South Wales. It shows footage of their activities in various parts of the nursery as she outlines the advantages of buying advanced trees that have been hardened ...

Video

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 ...

Video

How does income tax work?

Gen Fricker makes income tax interesting! Learn about income tax - what it is, how it works and when you have to pay it. Easy-peasy! Then test yourself with ASIC Moneysmart's "Things to think about" classroom exercises.

Video

Tour of NSW Government House

This resource is a YouTube playlist containing a series of videos taken as a group of senior high school students are given a guided tour of NSW Government House in 2010. The tour covers primary sources such as architecture, furniture and images significant to the history of Australia and NSW.

Text

Cotton Australia fact sheets

This library provides a series of one to two page fact sheets on a range of topics related to the Australian cotton industry including: an overview of the industry, history of the cotton industry in Australia and in the world; economics of Australian cotton; biotechnology; climate challenges and cotton; properties of cotton ...

Video

My Five Cents: What is opportunity cost?

What is the true cost of buying something? Gen Fricker explains that it's more than just money. Learn about opportunity cost - what it is, why it's a helpful tool and when to use it. Simple! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Video

World’s first bakers?

When did humans begin grinding seeds to make flour? Many people believe bread-making began in Egypt or Mesopotamia as long as 17,000 years ago. Archaeologists have recently found evidence that Indigenous Australians were producing flour 65,000 years ago. Were they the world’s first bakers?

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 ...

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 ...

Interactive

What house is that?

This is an interactive streetscape of nine houses, each from a different era and of different styles. They represent the nine main housing styles in Victoria. Information about each of the houses includes: features and style; the Architect; designers; historical observations; house owners; and general social history of ...

Text

Victorian Heritage Database

This is a rich, interactive resource that lists Victoria’s most significant heritage: places, objects, shipwrecks and archaeological sites. It has four main sections: Introduction; Explore heritage map; Recommended tours; and Timeline browser. The Explore heritage map searches for sites and provides information and images ...

Online

Water: learn it for life! - year 7 science

This PDF unit of work is one of a series of resources accessible by searching the list in the series.It includes two teaching and learning sequences: 'Water journeys' focuses on the water cycle, and 'Pure water' focuses on the processes and people involved in creating and managing drinkable water. It provides Australian ...

Online

IP in everyday life

This is an interactive resource about products that exist in everyday life that have protected intellectual property. The resource is presented as a timeline of one day, beginning at breakfast in the morning through until night. Interactive images appear as the mouse scrolls across the timeline. These images are linked ...

Online

Commemorating Anzac through engaging learning

This resource supports quality teaching and learning through specific curriculum learning opportunities to engage students, as well as enhancing whole school and community interactions and events commemorating Anzac. Part of the Bringing communities together series in response to the NSW State Anzac Centenary.

Video

Farm Diaries: producer video

This is a video about pig production at the Tintinara property of the Mount Boothby Pastoral Company in South Australia. Pigs at various stages are shown, including nursing piglets, weaned piglets weighing between 7 and 10k, and pigs close to a live weight of 100k. Pig producer Alastair Johnson gives statistics about the ...

Interactive

Kitchen gardens – sustainability action process (Years 7–10)

This resource guides students through an extended school-based or local investigation focussed on kitchen gardens using the five-step sustainability action process. The resource supports the investigation of a real-world issue or problem. Students develop and implement a chosen sustainability action and then evaluate and ...

Video

Gilmore Braes Heritage Beef: creating a 'niche market' farming ancient breeds of cattle

This is a video about how Batlow farmers Ian and Mandy McCorkindale produce and market meat from Scottish Highland and Welsh Black cattle. It shows scenes of the cattle on the farm and meat being prepared in the butchery as Ian McCorkindale describes the process, value and rewards of marketing their beef directly to the ...