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Listed under:  Economics and business  >  Finance  >  Accounting  >  Costs
Interactive resource

Muffin bakery: price and volume

Run a shop which bakes muffins. Investigate the fixed costs and variable costs involved in production. Look at how gross profit and net profit are calculated. Examine the effects of unsold stock on profit. Maximise profit by working out the best combination of production volume and price. Look closely at sales figures and ...

Interactive resource

Energy-efficient house: build for value

Explore how the temperature inside a house is affected by air flowing in and out. Look closely at the energy effects of design variables in a house such as insulation materials, window coverings and window direction. Build a house to maximise the financial return of design features. Investigate initial costs and cost savings ...

Interactive resource

Innovation cycle: make

Look at processes needed to manufacture products. Explore a case study on the production of dual-flush toilets in Australia. See how the innovators have developed new processes and improved quality standards. Investigate possible manufacturers for a new tent. Choose the manufacturer best suited to the production requirements ...

Interactive resource

Innovation cycle: sell

Look at processes and skills needed to sell products. Explore a case study on the sales of Victa lawn mowers in Australia. See how the innovators marketed their products for over 50 years. Investigate possible distribution channels for a new tent. Choose the method best suited to the marketing requirements (informative, ...

Tablet friendly (Interactive resource)

Energy-efficient house

Explore how the temperature inside a house is affected by air flowing in and out. Look closely at the energy effects of design variables in a house such as insulation materials, window coverings and window direction. Build a house with maximum energy efficiency by adjusting key design variables. Change the house design ...


Anzac Tweed Factory, Melbourne, c1921

This is a segment from an unidentified silent black-and-white newsreel made in the 1920s featuring the Anzac Tweed Trust. The opening scene shows a group of 18 men and 6 women gathered behind a banner, which reads 'Anzac Tweed'. An intertitle explains that Anzac Tweed was taken over by the Returned Sailors and Soldiers ...


Poster for Mambo

This is a colour promotional poster designed by Reg Mombassa in 1984 for the Mambo Graphics clothing company. The poster features a typical Australian suburban backyard in which can be seen a utility vehicle with caravan attached, a Hills hoist clothesline and a small house. A character wearing colourful Mambo shorts is ...


Cochlear implant, 1999 - asset 1

This is a colour illustration of a cutaway view of an ear to show how a 1999 version of a cochlear implant would have been fitted, enabling profoundly deaf people to interpret sounds and speech. The grey implant is shown fastened to the bone just above the external ear, with the thin electrode extending into the snail-shaped ...


Australia Post - Australia Post Inc, 1990: 'A commercial enterprise'

This clip shows Australia Post staff at work as the presenter explains the changes necessary for Australia Post to become a commercial enterprise: productivity targets, cost-effective branches and reforms to work processes. Some of the annual running costs of a typical post office following corporatisation are shown and ...


Prices and the People, 1948: Costs and profits - how price grows

This black-and-white clip consists mostly of a series of cartoons and a handwritten table that illustrate how the profit margin added on by manufacturers, then by wholesalers and finally by retailers inflates the cost of goods. The narrator says that price controls would protect people from this 'daylight robbery' and suggests ...

Moving Image

Paying for the news, or not

Imagine a time before modern technology: no television, radio or computers. How did people find out about what was happening in the world? Through newspapers! Times are changing, however. With the internet at our fingertips, do we even need newspapers anymore? Watch this clip to find out how the internet is creating issues ...

Interactive Resource

Laptop wrap: Investing wisely

In this laptop-friendly resource, students investigate unit pricing and explore the formulae and concepts of simple and compound interest.

Teacher resource

Where are clothes manufactured?

This learning activity consists of a series of online resources supporting students to engage, explore and reflect on the ways people work and how businesses use outsourced labour to manufacture clothing and shoes in the economies of Asia. Students analyse data and information to identify why Australian businesses outsource ...

Teacher resource

MoneySmart: It's raining cats and dogs...and chickens?

This is a year 6 mathematics unit of work about keeping pets. The unit is intended to take about 12 hours of teaching and learning time, and is recommended for near the end of the school year. It consists of an introduction, seven sets of student activities, and teacher notes. The student activities include building a word ...

Teacher resource

MoneySmart: The fun begins: plan, budget, profit!

This is a unit of work integrating aspects of the year 6 mathematics, English, geography, and economics and business curriculums around planning a nature fun park. The unit is intended to take about eight hours. It consists of eight sets of student activities supported by teacher notes, including mapping, holding discussions, ...

Moving Image

Comparing fuel consumption

Is it more fuel efficient to drive or fly between two places? Watch this clip and learn how to calculate the answer. What are the various factors that need to be taken into account? This video was made using the American measurement of gallons per hour, American firgures for the average number of passengers in a car and ...

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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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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.