Year 9 Economics and Business Achievement Standard – Australian Curriculum v9

This Achievement Standard describes what students are expected to know and do in Year 9 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.

By the end of Year 9, students explain the role of Australia’s financial sector and its effect on economic decision-making by individuals and businesses. They explain the interdependence of participants in the global market and the effect on economic decision-making. They explain the reasons for trade and Australia’s pattern of trade with Asia. They explain why businesses seek to create and maintain a competitive advantage. Students explain how individuals and businesses manage consumer and financial risks and rewards.

Students develop and modify questions to investigate an economic and business issue. They locate, select and analyse information and data from a range of sources. They interpret and analyse information and data to explain economic trends and cause-and-effect relationships, and identify consumer and financial impacts. They develop a response to an economic and business issue, taking account of economic, business or financial factors. They evaluate a response using criteria and make decisions about how it is to be implemented. Students use economic and business knowledge, concepts and terms to develop descriptions, explanations and arguments that acknowledge research findings.

Content Descriptors by Strand

This standard is supported by 10 Content Descriptors:

Knowledge and understanding

Economics and Business

Skills

Questioning and researching

Interpreting and analysing

Evaluating, concluding and decision-making

Communicating

At a Glance

Frequently Asked Questions