Year 10 Economics and Business Achievement Standard – Australian Curriculum v9
This Achievement Standard describes what students are expected to know and do in Year 10 Humanities and Social Sciences by the end of the year. Teachers can use it to guide assessment design, collect evidence of learning, and ensure planning stays aligned with the Australian Curriculum v9.
What Students Should Know
By the end of Year 10, students analyse how economic indicators influence Australian Government decision-making. They explain ways that government intervenes to improve economic performance and living standards. They explain processes that businesses use to manage the workforce and improve productivity. They explain the importance of Australia’s superannuation system and its effect on consumer and financial decision-making. Students analyse factors that influence major consumer and financial decisions, and explain the short- and long-term effects of these decisions.
Students develop and modify a range of questions to investigate an economic and business issue. They locate, select and analyse relevant and reliable information and data from a range of sources. They interpret and analyse information and data to evaluate trends and economic cause-and-effect relationships and make predictions about consumer and financial impacts. They develop an evidence-based response to an economic and business issue. They evaluate a response, using appropriate criteria to decide on a course of action. Students use economic and business knowledge, concepts and terms to develop descriptions, explanations and reasoned arguments that synthesise research findings.
Content Descriptors by Strand
This standard is supported by 10 Content Descriptors:
Knowledge and understanding
Economics and Business
AC9HE10K01 how and why the economic indicators influence economic decision-making AC9HE10K02 the ways that government intervenes in the economy to improve economic performance and living standards within Australian society AC9HE10K03 factors that influence major consumer and financial decisions, and the short- and long-term consequences of these decisions AC9HE10K04 the importance of Australia’s superannuation system and how this system affects consumer and financial decision-making AC9HE10K05 processes that businesses use to manage the workforce and improve productivity, including the role of entrepreneursSkills
Questioning and researching
AC9HE10S01 develop and modify questions to investigate a contemporary economic and business issue AC9HE10S02 locate, select and analyse information and data from a range of sourcesInterpreting and analysing
AC9HE10S03 interpret information and data, explaining economic and business issues, trends and economic cause-and-effect relationships, and make predictions about consumer and financial impactsEvaluating, concluding and decision-making
AC9HE10S04 develop and evaluate a response to an economic and business issue, using cost-benefit analysis or criteria to decide on a course of actionCommunicating
AC9HE10S05 create descriptions, explanations and arguments, using economic and business knowledge, concepts and terms that incorporate and acknowledge and research findingsAt a Glance
| Strand | Substrand | CDs | Elaborations |
|---|---|---|---|
| Knowledge and understanding | Economics and Business | 5 | 18 |
| Skills | Questioning and researching | 2 | 7 |
| Skills | Interpreting and analysing | 1 | 4 |
| Skills | Evaluating, concluding and decision-making | 1 | 4 |
| Skills | Communicating | 1 | 3 |
| Total | 10 | 36 | |