Economics

The content for this course may be derived from the following topics:

• The Economic Problem
• Economic Systems
• The Market Economy
• Government Involvement in the Market Economy
• The Circular Flow of Income
• Economic Thinkers
• Trade in a Global Economy
• Price Stability
• Economic Development
• Poverty and Inequality
• Employment and Unemployment
• Teacher-developed Topic - e.g. Economics of Agriculture, Stock exchange, Production – large and small businesses.

Assessment

Assessment at Stage 1 is school based. Students demonstrate evidence of their learning through the following assessment types:

• Folio - assignments, tests, essays, oral, group work
• Skills and Applications Tasks - case studies, simulations, written or oral
• Issues Study Report.