Economics and business / Year 9 / Economics and Business Knowledge and Understanding

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

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 ...

Online

Migrants Enriching Australia

This is a rich collection of stories that focuses on the life experiences of two individuals, one of Greek heritage and one of Polish heritage, who immigrated and settled in Victoria post World War II. The resource explores how these people shared their cultural heritage and how this enriched Australian life at this time. ...

Text

The Conversation: class in Australia collection

This collection of short articles critically examine the topic of class in Australia, asking whether it exists and examining relationship between class and aspects such as health, where you live, gender, income inequality and others. The articles support student investigations and in-depth studies of issues relevant for ...

Online

Digital stories of Immigration

This is a rich collection of digital stories about people who have immigrated to Victoria. The resource is presented in three sections: Introductory information; Story Objects; and Story Education Resources. There are 21 Story Objects that include images, videos, links, information, interviews and transcripts. There are ...