Critical and creative thinking

In this subject students extend and apply their critical and creative thinking capability by, for example:

• applying economic concepts, principles, and skills in a variety of contexts
• applying economic thinking to consider the cause and effect of economic decisions
• developing skills in anticipating the behaviour of economic agents
• understanding how the behaviour of others affects their decision-making processes
• analysing and evaluating the intended and unintended consequences of economic decisions
• explaining the rationale of economic decisions and their effects on different stakeholders
• predicting the possible effects of economic decisions
• exploring the economic objectives of a nation and how these can be achieved
• exploring the policies that governments and central banks use to meet macroeconomic objectives.