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Australian Curriculum Economics and business – Consumer behaviour and its effects – Year 5

Advertisements everywhere, offering the latest and greatest gadgets! How will children ever learn to stop, think, and take the time to make informed choices about spending their well-earned dollars? Fear not, for help is at hand with Australian Curriculum Economics and business.

As it guides you through the minefield of the subject’s many concepts—delving into the difference between needs and wants, solving the mystery of supply and demand, offering the choices of opportunity cost, delivering the different levels of industry sectors—the practical approach of this two-book series will set your students on the road to becoming the next generation of global business giants and entrepreneurs!

 

Features:
  • three sections per book relating to the inquiry questions
  • glossary of economics and business terms
  • diagnostic and self-assessment pages for each section
  • teacher information guiding the delivery of each unit
  • answers for activities and assessments
  • easy-to-read scope and sequence charts linking content to HASS key ideas, achievement standards, concepts of interdisciplinary thinking and inquiry skills

 

Australian Curriculum links:

Develop appropriate questions to guide an inquiry about people, events, developments, places, systems and challenges (ACHASSI094

Locate and collect relevant information and data from primary and secondary sources (ACHASSI095

Organise and represent data in a range of formats including tables, graphs and large- and small-scale maps, using discipline-appropriate conventions (ACHASSI096

Examine different viewpoints on actions, events, issues and phenomena in the past and present (ACHASSI099

Interpret data and information displayed in a range of formats to identify, describe and compare distributions, patterns and trends, and to infer relationships (ACHASSI100

Work in groups to generate responses to issues and challenges (ACHASSI102

Use criteria to make decisions and judgements and consider advantages and disadvantages of preferring one decision over others (ACHASSI103

Present ideas, findings, viewpoints and conclusions in a range of texts and modes that incorporate source materials, digital and nondigital representations and discipline-specific terms and conventions (ACHASSI105

The difference between needs and wants and why choices need to be made about how limited resources are used (ACHASSK119

Types of resources (natural, human, capital) and the ways societies use them to satisfy the needs and wants of present and future generations (ACHASSK120

Influences on consumer choices and methods that can be used to help make informed personal consumer and financial choices (ACHASSK121

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