IRENE MCCORMACK CATHOLIC COLLEGE SOCIAL SCIENCE YEAR 7 ECONOMICS COURSE 2 PROGRAM TERM 4 2018 OVERVIEW: In Year 7, Humanities and Social Sciences consists of Civics and Citizenship, Economics and Business, Geography and History. In Economics, an understanding of the concepts making choices and allocation is further developed through a focus on the of consumers and in the market, the characteristics of successful businesses, including how and entrepreneurial behaviour contributes to business success. Work and work futures are introduced, as students consider why people work. Students focus on national issues, with opportunities for the concepts to also be considered in relation to or global issues where appropriate. WEEK WA CURRICULUM CONTENT LESSON TOPICS ASSESSMENT DESCRIPTION TASKS 1 How consumers rely on businesses The difference between needs and to meet their and wants () The difference between goods and services Barter and trade Kingdom of – Mocha Define barter, trade, market, money 2 How consumers rely on businesses Factors of Production land, – to meet their and () labour, capital and enterprise Describes the Economic Problem – create your own comic 3 Why businesses might set a certain Identifies current consumer trends – price for a product and how they might healthy lifestyle, environmentally adjust the price according to () friendly products, organic products How businesses respond to the Describes the recommended retail demands of consumers (ACHEK017) price 4 Why individuals work (e.g. earning an Definition of work and income income, contributing to an individual's self-esteem, material and Describes why people work , happiness) () Identifies the different types of work Different types of work (e.g. full-time, that can be undertaken part-time, casual, at home, paid, unpaid, ) () 5 How people derive an income and Identifies the different types of ways alternative sources of income (e.g. to earn an income
IRENE MCCORMACK CATHOLIC COLLEGE SOCIAL SCIENCE YEAR 7 ECONOMICS COURSE 2 PROGRAM TERM 4 2018 OVERVIEW: In Year 7, Humanities and Social Sciences consists of Civics and Citizenship, Economics and Business, Geography and History. In Economics, an understanding of the concepts making choices and allocation is further developed through a focus on the of consumers and in the market, the characteristics of successful businesses, including how and entrepreneurial behaviour contributes to business success. Work and work futures are introduced, as students consider why people work. Students focus on national issues, with opportunities for the concepts to also be considered in relation to or global issues where appropriate. WEEK WA CURRICULUM CONTENT DESCRIPTION LESSON TOPICS ASSESSMENT TASKS 1 How consumers rely on businesses to meet their and () The difference between needs and wants The difference between goods and services Barter and trade – Kingdom of Mocha Define barter, trade, market, money 2 How consumers rely on businesses to meet their and () Factors of Production – land, labour, capital and enterprise Describes the Economic Problem – create your own comic 3 Why businesses might set a certain price for a product and how they might adjust the price according to () How businesses respond to the demands of consumers (ACHEK017) Identifies current consumer trends – healthy lifestyle, environmentally friendly products, organic products Describes the recommended retail price 4 Why individuals work (e.g. earning an income, contributing to an individual's self-esteem, material and , happiness) () Different types of work (e.g. full-time, part-time, casual, at home, paid, unpaid, ) () Definition of work and income Describes why people work Identifies the different types of work that can be undertaken 5 How people derive an income and alternative sources of income (e.g. Identifies the different types of ways to earn an income
Year_7_Economics_C2__2018_program.docx