Machine Readable Australian Curriculum

Economics and Business Achievement Standards

About this resource:

URI:
http://rdf.australiancurriculum.edu.au/elements/2018/05/6a3fa42a-d10b-4265-a94a-6d9cdeb187e5
Statement label:
Achievement standard
Description:

By the end of Year 6, students recognise why choices about the allocation of resources involve trade-offs. They explain why it is important to be informed when making consumer and financial decisions. They identify the purpose of business and recognise the different ways that businesses choose to provide goods and services.

Students develop appropriate questions to frame an investigation about an economics or business issue, challenge or event. They locate and collect useful data and information from primary and secondary sources. They examine sources to determine their origin and purpose and evaluate evidence to draw conclusions. They interpret, organise and represent data in a range of formats using appropriate conventions. They generate alternative responses to an issue or challenge and identify the advantages and disadvantages of preferring one decision over others. They reflect on their learning to propose action in response to a challenge and identify the possible effects of their decision. They apply economics and business knowledge and skills to familiar problems. Students present ideas, findings, viewpoints and conclusions in a range of communication forms that incorporate source materials and economics and business terms.

Rights holder:
Australian Curriculum, Assessment and Reporting Authority
Rights:
© Copyright Australian Curriculum, Assessment and Reporting Authority
Subject:
http://vocabulary.curriculum.edu.au/framework/U100
Part of:
http://rdf.australiancurriculum.edu.au/elements/2018/05/e43cff2d-01be-456a-8b60-33d7f7f0ced8
Child of:
Last modified:
2018-02-23T01:33:14+00:00

About this record:

http://rdf.australiancurriculum.edu.au/elements/2018/05/6a3fa42a-d10b-4265-a94a-6d9cdeb187e5.rdf
Rights holder:
Australian Curriculum, Assessment and Reporting Authority
Attribution name:
Australian Curriculum, Assessment and Reporting Authority
Attribution URL:
http://rdf.australiancurriculum.edu.au/elements/2018/05/6a3fa42a-d10b-4265-a94a-6d9cdeb187e5
Creator:
Australian Curriculum, Assessment and Reporting Authority
Licence:
http://creativecommons.org/licenses/by-nc-sa/3.0/au/
Last modified:
2019-03-03T10:45:11+00:00