Stage 1 | Subject outline | version control

Economics Stage 1
Subject outline

Version 4.0 - For teaching in 2024.
Accredited in November 2019 for teaching at Stage 1 from 2020. 

Stage 1 | Subject outline | Capabilities | Ethical understanding

Ethical understanding

In this subject students extend and apply their ethical understanding capability by, for example:

  • developing an understanding that market outcomes may conflict with social and ethical outcomes
  • acknowledging and referencing the ideas of others
  • developing responsible attitudes towards using limited resources in a productive, ethical, and sustainable way.