Close message Scootle is currently experiencing a technical issue which may affect logging in for some users. Scootle resources can still be accessed via Guest login. For any questions, please contact [email protected]

Economics and business / Year 10 / Economics and Business Knowledge and Understanding

Version 8
Switch to version 9
View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

The ways that governments manage economic performance to improve living standards (ACHEK052)

Elaborations
  • identifying examples of fiscal and monetary policy options designed to improve the standard of living, such as productivity policy, training and workforce development, taxation, work visas, migration, buying or selling government securities
  • identifying examples of government intervention that aim to redistribute income (for example, pensions, youth allowance and job search), and goods and services such as health care and education
  • investigating how Australia supports economic growth in the Asia region through participating in the Asia-Pacific Economic Cooperation (APEC) forum
  • explaining the impact of minimum wage, government payments, taxation and government-funded services on living standards
  • identifying examples of externalities (that is, costs or benefits associated with the production or consumption of goods and/or services that affect the wellbeing of third parties or society more generally) and exploring the ways governments can influence or regulate these impacts to ensure prices reflect external costs
General capabilities
  • Ethical understanding Ethical understanding
ScOT terms

Government policy,  Social indicators,  Business cycles

Refine by resource type

Refine by year level


Refine by learning area


Refine by topic

Related topic
  • No suggestions

2 direct matches to ACHEK052 | 3 other related resources

Video

Exploring the production and marketing of seafood: producer video

  • TLF-IDM019437

This is a video about how wild-caught lobsters are processed for export and barramundi are farmed in two South Australian businesses. The first part is presented by Andrew Laurie, the owner of Sky Seafoods, who shows the work of the lobster fishermen who supply him and how the lobsters are processed. He describes how sustainability ...

View detailsView resource
Video

How does income tax work?

  • TLF-IDM025251

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.

View detailsView resource
Online

Trade and Investment at a Glance

  • TLF-IDM025125

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 ...

View detailsView resource
Online

Australia's Trade through Time

  • TLF-IDM025126

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 ...

View detailsView resource
Text

Gender equality analysis from The Conversation

  • TLF-IDM020385

This is a collection of 40+ articles about gender equality. It includes articles about women in corporate leadership, work-life balance for men and women, policy responses to domestic violence in South Africa, the implications of gender bias in higher education, role of childcare in promoting equality and others. The articles ...

View detailsView resource