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Stage 2 | Subject outline | version control
Economics
Stage 2
Subject outline
Version 4.0
For teaching in Australian and SACE International schools from January 2024 to December 2024. For teaching in SACE International schools only from May/June 2023 to March 2024 and from May/June 2024 to March 2025. Accredited in August 2018 for teaching at Stage 2 from 2021.
For teaching in Australian and SACE International schools from January 2024 to December 2024. For teaching in SACE International schools only from May/June 2023 to March 2024 and from May/June 2024 to March 2025. Accredited in August 2018 for teaching at Stage 2 from 2021.
Stage 2 | Subject outline | Learning requirements
Learning requirements
The learning requirements summarise the knowledge, skills, and understanding that students are expected to develop and demonstrate through their learning in Stage 2 Economics.
In this subject, students are expected to:
- understand economic concepts, principles, and models
- apply economic concepts, principles, and models in a variety of contexts
- apply communication skills in economic contexts
- apply economic thinking to construct arguments and make recommendations
- analyse a range of data and other information using economic concepts, principles, and models
- analyse and evaluate 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.