Teaching and learning framework 

Stage 1 Economics is a 10-credit subject or a 20-credit subject.

In the core topic 'Thinking like an economist' students develop knowledge and understanding of:

• economic concepts
• economic inquiry skills
• data analysis.

Teachers facilitate student learning of these skills and conceptual understandings using problem-based scenarios from different contexts.

Students are provided with opportunities to demonstrate application of their learning in a variety of contexts. When developing teaching programs, teachers determine the depth and breadth for each context.

In a 10-credit subject, teachers propose scenarios from one or more different contexts.

In a 20-credit subject, teachers propose scenarios from two or more different contexts.

The following section discusses the core topic and potential contexts for Stage 1 Economics in more detail.