Ways that businesses respond to Students can explain how consumers, improved economic conditions () producers and government can work together to improve working conditions in the developing countires. 5 Indicators of (e.g. rates, Label and explain the business cycle unemployment , inflation rates, , , Students to define economic growth sustainability indexes) and how and understand how this is measured Australia's is performing () and what constitutes optimal growth. Students to define of unemployment and explain causes of these. 6 Indicators of (e.g. rates, Students to define inflation and explain unemployment , inflation rates, , , how the two types of inflation are sustainability indexes) and how caused. Australia's is performing (). Students to explain economic performance links to living standards and why these vary across the world. 7 The ways that governments manage Students to understand the role of the the to improve and (e.g. policy, government in an economy and how training and workforce policy, Monetary and Fiscal policy are used to migration), and to minimise the effects of manage the economy. externalities (e.g. regulation) () Students can explain the impact of expansionary and contractionary monetary and fiscal policy stances. 8 Students create a website on how the ASSESSMENT: Australian economy can be measured Website on the using the economic indicators of measrument of the growth, unemployment and inflation. Australian economy Students must draw a conclusion as to which phase of the business cycle Australia is currently experiencing and justify their response.
Ways that businesses respond to improved economic conditions () Students can explain how consumers, producers and government can work together to improve working conditions in the developing countires. 5 Indicators of (e.g. rates, unemployment , inflation rates, , , sustainability indexes) and how Australia's is performing () Label and explain the business cycle Students to define economic growth and understand how this is measured and what constitutes optimal growth. Students to define of unemployment and explain causes of these. 6 Indicators of (e.g. rates, unemployment , inflation rates, , , sustainability indexes) and how Australia's is performing (). Students to define inflation and explain how the two types of inflation are caused. Students to explain economic performance links to living standards and why these vary across the world. 7 The ways that governments manage the to improve and (e.g. policy, training and workforce policy, migration), and to minimise the effects of externalities (e.g. regulation) () Students to understand the role of the government in an economy and how Monetary and Fiscal policy are used to manage the economy. Students can explain the impact of expansionary and contractionary monetary and fiscal policy stances. 8 Students create a website on how the Australian economy can be measured using the economic indicators of growth, unemployment and inflation. Students must draw a conclusion as to which phase of the business cycle Australia is currently experiencing and justify their response. ASSESSMENT: Website on the measrument of the Australian economy
Year_10_Economics_C2_2018_program.docx