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Elaboration (4) ACHEK051

investigating the ways in which income and wealth are distributed in the economy, using measures such as an income distribution histogram, the Lorenz curve or the Gini coefficient

Elaboration (2) ACHES057

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

Elaboration ACHES059

evaluating different types of loans to estimate the short- and long-term financial implications of each

Elaboration ACHEK050

identifying indicators of economic performance such as economic growth rates, unemployment trends, inflation rates, sustainability indexes

evaluating the outcomes of buying (for example, a car, using criteria such as the effect of loan repayments on disposable income, depreciation, maintenance and insurance costs compared with the benefits of independence, convenience and social status)

Elaboration (1) ACHES056

representing data and information in a format to aid interpretation and analysis (for example, providing a timeline of events and/or providing a graph showing changes in data)

Elaboration ACHES058

deciding on a potential major purchase (for example, a car, investigating options, calculating the costs of different purchasing methods and estimating the long-term costs and benefits of owning the asset and repaying the debt)

Elaboration (2) ACHES059

using appropriate indicators of economic performance to explain variations across economies

Elaboration ACHES056

collecting data and information from a variety of sources relevant to the issue or event being investigated

Elaboration ACHES057

categorising and interpreting data and information collected into a form that shows multiple perspectives around an issue/event

Elaboration (1) ACHES060

communicating findings of the investigation in appropriate formats (for example, web pages, financial statements, spreadsheets, graphs and reports)

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 (1) ACHES059

applying enterprising behaviours to a class or independent activity (for example, by showing initiative and leadership, establishing goals that are meaningful and realistic, accepting responsibility)

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Cross Curriculum Priorities