Learning requirements

The learning requirements summarise the knowledge, skills, and understanding that students are expected to develop and demonstrate through their learning in Stage 1 Economics.

In this subject, students are expected to:

1. understand economic concepts, principles, and models
2. apply economic concepts, principles, and models in a variety of contexts
3. apply communication skills in economic contexts
4. apply economic thinking to construct arguments
5. analyse a range of data and other information using economic concepts, principles, and models
6. analyse the intended and unintended consequences of economic decisions.

These learning requirements form the basis of the:

• learning scope
• evidence of learning that students provide
• assessment design criteria
• levels of achievement described in the performance standards.