Economics and business / Year 7 / 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 (ACHES021)

Elaborations
  • developing questions to form the basis of an economic or business investigation (for example, ‘Why do people work?’, ‘Why is it important to plan ways to achieve personal financial objectives?’, Why are consumers and producers reliant on each other?, How can a business achieve success in the market?)
  • identifying the steps needed for an investigation and the resources needed
General capabilities
  • Literacy Literacy
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Research questions,  Business and enterprise

Online

Growing Exotic Fruit - a niche farming enterprise

This unit of work uses the operation of an small agribusiness to explore what it means to be a producer in a small scale business. The unit focuses on the operation of a real-life, exotic fruit farm in northern New South Wales from which fruits are sold to local markets. The units provides five inquiry-based activities ...

Online

Is it all your own work? Navigating copyright

This resource provides teachers and students with an overview of some of the issues when using other people's intellectual property or copyrighted works. The resource provides an overview of copyright, permissions and Creative Commons licensing; a student quiz (with answers) based on real-life scenarios; and a Copyright ...

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

Fish market

Buy and sell fish in trading markets in a range of Australian and New Zealand cities. Compare market prices, supply and demand. Get to know other traders to find the best deals and discover new markets. Find a rare fish. Maximise your profit and reputation as a smart trader. This learning object is the last in a series ...

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: 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

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.  

Video

Sciencey: Five things you should know about renewable energy

Check out how we make electricity, the different renewable energy sources we have developed and how batteries work. Then, find out about hydro-electricity and why Australia could one day be the world’s biggest exporter of renewable energy. Lastly, discover virtual power plants. Why is it important to focus on renewable ...

Video

Becoming a Wine Maker

This is a short clip in which a winemaker describes his job and industry including some of his daily tasks, the location of the winery in south-east Queensland’s Granite Belt Region, and the role of that winemaking plays in the agrifoods industry. The winemaker, Peter, works at the Queensland College of Wine Tourism and ...

Video

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 ...

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

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.

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 ...

Video

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 ...

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 ...

Text

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 ...

Text

Fruitcake mining

This is an activity sheet providing instructions for a simulated mining experiment using pieces of fruitcake. Students use various tools to remove different fruits, each representing different minerals, from a piece of fruitcake which represents the mine site. They are then required to rehabilitate the 'mine site'. The ...

Text

Coal crossword

Test your knowledge of coal. This is a crossword puzzle with clues related to the formation, mining and uses of coal.

Video

Mouat Farms - an Apple Orchard and much more. Batlow, New South Wales

This is a video about orchardist and jam-maker Kris Mouat and how she and her husband operate a fruit agribusiness. It shows scenes of their 'Wyola' property as she speaks of how she came to orcharding and now makes jam from fruits and berries, and how they operate a roadside shop and a pick-your-own-fruit facility. She ...

Video

Finding farms: producer video

This is a video about how lobsters are harvested and processed in South Australia for live export to China. In the first part of the video, Mark Denton, a professional rock lobster fisherman describes how the sustainability of the lobster fishery is ensured; compares and contrasts his work with farming any other form of ...