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Listed under:  Economics and business  >  Marketing  >  Pricing
Assessment resource

Party time: assessment

Assess your ability to fulfil a shopping list for a class party, with a view to budgeting. Buy enough lemonade, cupcakes and party hats for 32 people at the cheapest price, given minimum requirements. Calculate the cheapest unit price for the three items and the quantity of each required, considering the special discounts ...

Video

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 ...

Interactive resource

School canteen: two traders: level 2

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of water and cheese sticks. For each item on the shopping list, check the prices and package sizes of two traders. In this level, perform slightly harder calculations to select the cheaper deal for each item. Compare the total cost ...

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 ...

Moving Image

Super Cyril's circus supplies

Do you know how to draw up a budget? Find out how it's done. In our example our host is throwing a circus party and has $100 to spend. See how he plans to spend the money. Throw in a few discounts of 10% and 50% and look what he can afford. Does he mange to stick to his budget?

Tablet friendly (Interactive resource)

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 ...

Interactive resource

Fish tank: business start-up

Breed fish to sell at a pet market. Start with two fish and a tank. Examine the costs of food and equipment. Buy items to help take care of the fish and the tank. Think about the business impact of each purchase. Budget to increase stock and maximise profit.

Teacher resource

Using 'School canteen' - Teacher idea

This Teacher idea provides video footage of teachers discussing the use of an interactive digital curriculum resource from the 'School canteen' series to develop students' multiplication skills. We also see the year 5-6 students using the resource on an interactive whiteboard, and working in small groups and individually. ...

Image

Interior of a pastry shop, 1984

This is a black-and-white photograph of the interior of a pastry shop, the 'Mezzapica' Italian pastry store in the Sydney suburb of Leichhardt. A female storekeeper is behind the counter. Cakes, fruit pies and tarts marked with price tags are displayed for sale.

Image

'Gold buyer, the market price discussed, Eagle Hawk', 1852

This is a hand-coloured lithographic print showing two men discussing the market price of gold on the Eaglehawk gold field in Victoria. The well-dressed man on the right, shown weighing the gold with a set of hand scales, is the buyer and the angry-looking digger on the left is the seller. The print was created by Samuel ...

Video

Opal Fever, 2004: Opal expertise

This clip shows the processes of cutting and polishing raw opals. It opens with Mark Jackson presenting a rough opal to his father, Stuart, an opal cutter and licensed valuer. Stuart examines and values the opal at $500 in its raw state. He explains that cutting and polishing it will either diminish or increase its value, ...

Video

Prices and the People, 1948: Prices and wages

This black-and-white clip shows a series of dramatisations to indicate that working-class people are unable to afford basic goods, and includes actuality footage that shows workers protesting against low wages and increasing prices. In the final scenes of the clip manufacturers are shown being given approval to raise prices ...

Video

Prices and the People, 1948: Who gets the profits?

This black-and-white clip uses actuality and dramatised footage accompanied by narration to argue that rising prices are lowering living standards for ordinary Australians and widening the gap between the socioeconomic classes. Footage of an elderly pensioner subsisting on a meagre pension is contrasted with dramatised ...

Interactive resource

Department store: food counter

Go shopping for food in a Chinese department store. Notice there is a huge range of products and packaging types. Get exactly what you need by choosing the food counter and interacting with store assistants. Find items such as mooncakes, green tea and apple juice. Use measure words such as 'ping' when purchasing a bottle. ...

Interactive resource

Department store: electrical goods counter

Go shopping for electrical goods in a Chinese department store. Notice there is a huge range of products and packaging types. Get exactly what you need by choosing the electrical goods counter and interacting with store assistants. Find items such as a portable CD player, a DVD player and a washing machine. Use measure ...

Interactive resource

Department store: medicine counter

Go shopping for medicine in a Chinese department store. Notice there is a huge range of products and packaging types. Get exactly what you need by choosing the medicine counter and interacting with store assistants. Find items such as tiger balm, aspirin and eyedrops. Use measure words such as 'ping' when purchasing a bottle ...

Interactive resource

Department store: clothes and shoes counter

Go shopping for clothes and shoes in a Chinese department store. Notice there is a huge range of products and packaging types. Get exactly what you need by choosing the shoes counter and interacting with store assistants. Find items such as kung fu shoes and a pair of jeans. Use measure words such as 'shuang' when purchasing ...

Interactive resource

Department store: arts and crafts counter

Go shopping for arts and crafts in a Chinese department store. Notice there is a huge range of products and packaging types. Get exactly what you need by choosing the arts and crafts counter and interacting with store assistants. Find items such as a 'good luck' jade carving, cloisonné vases and a traditional horse-shaped ...

Interactive resource

School canteen: best buy: level 1

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and boxes of sultanas. Notice that the unit prices are different for packs of different sizes. Perform basic calculations to work out how many packs you will need, and which available pack size will be the cheapest. ...

Interactive resource

School canteen: two traders: level 1

Buy supplies online for a school canteen. Purchase given amounts of items such as bottles of orange juice and cheese sticks. For each item on the shopping list, check the prices and package sizes of two traders. Perform basic calculations to select the cheaper deal for each item. Compare the total cost of the items from ...