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StandardsHumanities and Social SciencesEconomics and BusinessYear 10ASHASECOY10
Year 10 Economics and Business Achievement Standard – Australian Curriculum v9
Year 10 Humanities and Social Sciences ASHASECOY10

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 entrepreneurs

Skills

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 sources

Interpreting 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 impacts

Evaluating, 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 action

Communicating

AC9HE10S05 create descriptions, explanations and arguments, using economic and business knowledge, concepts and terms that incorporate and acknowledge and research findings

At 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

Frequently Asked Questions

What should students know by the end of Year 10 Economics and Business?
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.
How many Content Descriptors support this standard?
10 Content Descriptors support this Achievement Standard (Knowledge and understanding: 5, Skills: 2, Skills: 1, Skills: 1, Skills: 1).
How does this compare to Year 9?
The Year 9 Economics and Business standard (ASHASECOY9) covers the preceding year level. Standards build progressively, with Year 10 expectations extending what was introduced in Year 9.
Is this from the latest Australian Curriculum?
Yes, this Achievement Standard is from the Australian Curriculum version 9.0 (AC v9), the most current version published by ACARA.