Economics and business / Year 8 / Economics and Business Skills / Questioning and research

Curriculum content descriptions

Develop questions about an economic or business issue or event, and plan and conduct an investigation or project (ACHES032)

Elaborations
  • developing targeted questions to form the basis of an investigation of an economic or business issue or event (for example, ‘How are the prices of products determined through the interaction of participants in the market?’, How should a business respond to an opportunity in the Australian market?, How are consumers rights and responsibilities protected when they make purchasing decisions?)
  • devising the steps needed for an investigation and modifying as required
General capabilities
  • Literacy Literacy
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Research questions,  Business and enterprise

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Promoting and selling

In this learning sequence, students investigate the promotion and selling of goods and services including social, ethical and environmental considerations. They analyse the strategies that sellers use to promote products and maximise sales, and evaluate the impact on consumers.

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Commerce 3– employment and work futures

In this learning sequence students investigate the contribution of work to the individual and society and the changing nature of work. They examine how individuals may derive an income, and the changing rights and responsibilities of workplace participants. Students analyse a range of perspectives in their consideration ...

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Commerce 2 – the economic and business environment

In this learning sequence students develop an understanding of the importance, and features of, the economic environment, including markets. They explore the nature, role and operation of businesses in the context of an increasingly globalised economy. Students investigate cause-and-effect relationships in relation to a ...

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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.  

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Producing cattle and sheep...beef and lamb: teacher video

This video supports the unit of work by the same name. Presented by a classroom teacher who has trialled the unit the video reflects on the inquiry based pedagogy and the unit's value in terms of curriculum alignment and student engagement. The teacher discusses the opportunities the unit offers to engage with the cross-curriculum ...

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Investigating food and fibres: producer video

This is a video about biodynamic grape growing and wine production at Cape Jaffa Winery in South Australia. It is narrated by co-owner and winemaker Anna Hooper, who describes the wine regions in which the vineyard is located, its soil types, and the main wines grown. She goes on to illustrate the winery's commitment to ...

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Farms and people’s connections to them: producer video

This is a video about the operation of the Outback Pride project and the value of the Australian native food produced in conjunction with Aboriginal peoples. To a visual background of the nursery at Reedy Creek in South Australia and some of 25 Aboriginal communities involved in the project in SA and Northern Territory, ...

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Bruny Island Providore

This is a short clip in which the business owner of a Tasmanian fudge company describes the establishment and development of his confectionery business. Business owner, Michael, explains the production model behind his successful enterprise including the business location, the local sourcing of raw materials, and a world’s-first ...

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Forest Learning: Value-adding to wood

This is a resource about value-adding in the forest and wood products industry. Intended for use as one or two lessons for years 7 to 10 students, the resource consists of information about grading and processing logs; the use of wood and timber products in building construction; the value of Australian softwood plantations ...

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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 ...

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Waratah Australis Nursery (flowers) – Batlow, New South Wales

This is a video about plant breeder and nursery owner Brian Fitzpatrick and his work of breeding waratahs. It shows scenes of his activities in the Waratah Australis Nursery as he speaks of the magnificence of waratahs; the stages in the breeding process including hand-pollination and the production of 12,000 seedlings ...

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Growing exotic fruit - a niche market enterprise

This is a video(3:15 min) about John and Lyndall Piccone’s exotic fruit orchard at Tyagarah in New South Wales. The resource describes how the property produces more than 200 different tropical and sub-tropical fruits with the harvest beginning in early spring. Successive harvests serve to maintain customer interest in ...

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Weston Farm - organic farm (Tasmania)

This is a video about horticulturalist and farmer Richard Weston and his success in growing high quality organic food and flowers. It shows scenes of Weston Farm as he speaks of his commitment to quality niche products, the importance of diversification in small-scale farming, and the value of overseas research. He goes ...

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Module 2: Spending and Saving Money

These two activities develop students’ financial decision-making skills with an emphasis on aligning their purchases to their values and using a payment method suitable to them.

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Biomes that produce our food, industrial materials and fibre: producer video

This is a video about the mixed farming operations of Boonderoo Pastoral Company in South Australia. The farm is introduced by owner Lachie Seears who describes its size, family history and how region's Mediterranean climate allows him to diversify across a range of valuable commodities including Angus cattle, cross-breed ...

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Carey Bros Queensland

This is a video about the operation of the Carey Brothers meat production business. Introduced by Greg Carey, the video shows beef cattle at the company's abattoir as he lists the numbers of cattle, lambs and pigs processed in a typical week and the numbers of staff employed at the plant. He praises the resilience of the ...

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My Five Cents: Why borrowing can cost you more

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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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.  

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What do authors do besides writing – they farm truffles?

This is a video about author and farmer SD Gentill and how she combines writing with growing black truffles. It consists of an interview in which she answers questions posed by Will, a young boy. To a background of scenes from her Snowy Mountains farm and a Brisbane restaurant she supplies, Gentill explains how truffles ...

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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.