Economics and Business 7-10 / Year 10 / Skills / Interpreting and analysing

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Curriculum content descriptions

interpret information and data, explaining economic and business issues, trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts (AC9HE10S03)

Elaborations
  • interpreting information to explain the nature, extent and importance of the economic and business issue; for example, the relationship between standards of living, infant mortality and access to health services
  • interpreting multi-variable data to analyse trends in government expenditure over time; for example, the trend in the provision of health and education programs over time, and explaining reasons for the change
  • analysing the causes and effects of an economic issue on individuals or businesses; for example, the reasons for and implications of government intervention in the economy to improve living standards
  • analysing trends to make predictions about who will be affected and how; for example, trends in productivity and implications for businesses
General capabilities
  • Critical and creative thinking Critical and Creative Thinking
  • Literacy Literacy
ScOT terms

Causality,  Data analysis,  Trend analysis,  Reasoning

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1 direct match to AC9HE10S03 | 6 other related resources

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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 ...

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My Five Cents: Why borrowing can cost you more

  • TLF-IDM025250

Think credit cards are basically free money? Gen Fricker will make you think again. Learn how interest rates and fees affect the money you borrow, and why they may be more expensive in the long run. Oh dear! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

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Video

My Five Cents: What is opportunity cost?

  • TLF-IDM025253

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.

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Video

My Five Cents: What is compound interest?

  • TLF-IDM025252

Compound interest will be one of the most important things you ever learn. Don't believe it? Gen Fricker will explain why. Learn how compound interest works, and why saving now can help you later. Game changer! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.

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Downloadable

Understanding Property Value: the keys to the market

  • TLF-IDA010056

This two-lesson unit introduces students to how property values are shaped by market forces, economic indicators and government regulation. Using South Australian property data, students analyse the factors that influence value and apply economic reasoning to estimate market value in a structured valuation task. Acting ...

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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 ...

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Video

My Five Cents: Why investing can be risky

  • TLF-IDM025254

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.  

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