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Economics

2009 was the first year of implementation. The first WACE examinations for Economics were conducted in 2010.

Please click on one of the headings below to view the relevant information and documents which are available in PDF Pdf (Portable Document Format) and rich text Word doc format.

Course Summary

The Economics course investigates the choices which all people, groups and societies face as they confront the ongoing problem of satisfying their unlimited wants with a limited amount of resources. The study of Economics supports an understanding of the nature of decision-making, our demands for the allocation of resources and how we distribute those resources. This is done in the context of the global economy and Australia’s role as an international citizen.

Syllabus

For teaching 2011 For teaching 2012

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(400 Kb)
Course
Accredited March 2008
(updated June 2010)
 

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(703 Kb)
Course
Accredited March 2008
(updated June 2011)
 
     
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  Course syllabus refinements summary

Assessment and Other Support Materials

Guide to Grades
(248 Kb)  (3095 Kb) 'Market efficiency' PowerPoints and activities
(2929 Kb) Economic Efficiency - Market Failure and Regulation - The Long Term Interests of Consumers
(224 Kb) Efficiency and Equity PowerPoint
(213 Kb) Unit 2A Market Efficiency - Steven Kemp

Examination Materials


 

Recent Publications

WACE Manual 2010-11

WACE Manual 2012

Last Updated:30/ 04/ 2012 10:15