Achievement Standard Economics and Business Year 10

By the end of Year 10, students explain why and how governments manage economic performance to improve living standards. They give explanations for variations in economic performance and standards of living within and between economies. They analyse factors …

Achievement Standard | Achievement Standards | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

ACHES057

Analyse data and information in different formats to explain cause-and-effect relationships, make predictions and illustrate alternative perspectives

Elaborations ScOT Terms

ACHES057 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration (1) ACHEK050

investigating the performance of the Australian economy using key indicators and explaining fluctuations using phases of the business cycle

Elaboration (1) | ACHEK050 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration ACHEK051

defining ‘living standards’ and explaining its relationship to economic performance

Elaboration | ACHEK051 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration (1) ACHEK051

exploring the factors that can explain the variations in economic performance within or between economies (for example, high levels of foreign ownership, employment rates, levels of debt)

Elaboration (1) | ACHEK051 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration (3) ACHEK052

explaining the impact of minimum wage, government payments, taxation and government-funded services on living standards

Elaboration (3) | ACHEK052 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration ACHEK053

identifying and explaining factors that influence major consumer decisions (for example, price, availability and cost of finance, marketing of products, age and gender of consumer, convenience, ethical and environmental considerations)

Elaboration | ACHEK053 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration (2) ACHES056

determining the source and reliability of data and information and explaining assumptions or missing information in sources that may affect reliability

Elaboration (2) | ACHES056 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration (2) ACHES057

explaining relationships identified in data (for example, the relationship between standards of living, infant mortality and access to health services)

Elaboration (2) | ACHES057 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum

Elaboration (2) ACHES059

using appropriate indicators of economic performance to explain variations across economies

Elaboration (2) | ACHES059 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum