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60% in Economics topic within Year 10 Social Sciences
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The study of economics provides an insight into many of the issues covered in the media at the local, national and international level. An understanding of why the government manages the economy, and the policy options available, empowers students as both citizens and voters. Economic knowledge and skills are also applicable to many careers and vocational areas.
In Year 11 Students will study two units:
- Microeconomics: focusing on the role of the market in determining the wellbeing of individuals and society.
- Macroeconomics: exploring the problems which arise from the cyclical fluctuations in economic activity and the government’s role in managing the economy.
In Year 12 students study Australia and the global economy, which explores the interdependence of Australia. Furthermore, students study various economic policies and management, which examines the economic objectives of the Australian Government.
Economics is a useful subject to study because it improves your understanding of Australia and the world and how it operates, which is interesting. It also opens your eyes to various events or changes occurring in world, stimulating interest in the news and intellectual conversations.
Year 12 Economics student