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Business and Economics

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​​The discipline of Business and Economics is integral to every aspect of our lives: our employment opportunities, business operations and living standards. 

The subject challenges us to use evidence and be innovative when solving problems in a world of complex global relationships and trends, where a knowledge of business and economic forces and flows leads to better decisions. In economics and business, decision-making is core: to maximise well-being.

Business and Economic literacy is essential for understanding current issues: to make informed judgments and participate effectively in society. Students develop knowledge and cognitive skills to comprehend, apply analytical processes and use economic and business knowledge. 

​​​​They examine data and information to determine validity, and consider policies from various perspectives. Models and analytical tools are used to investigate and evaluate outcomes to draw conclusions. In the process, students appreciate ideas, viewpoints and values underlying business and economic issues and decisions.​

Head of Department ​- Kerry Smith


Business and Economics Subjects Offered

​​Year Level

​Subjects Offered

​Year 8

Year 8 Digital Technologies - Business Year Level Plan

Year 9

​Business and Economics

  • Students are given the opportunity to develop their understanding of business and economics concepts by exploring interactions within the global economy.
  • Learning in Digital Technologies focuses on developing understanding and skills in problem solving methods.
  • This course of study allows students to use digital technologies to examine contemporary issues, events and/or case studies and present solutions.
  • Students will consider Australia's position in the global economy, including the implications of decisions made by individuals, businesses and governments. Technology is a tool that strengthens our ability to connect with the rest of the world.

Year 9 Digital Technologies - Economics and Business Year Level Plan

​Year 10

​Two areas of study are offered to students as electives:
  • Economics and Accounting Applications
  • Enterprise and Innovation

The units offered in this area of study help to develop students' understanding of various business procedures and the environments in which business organisations operate.

There is an opportunity to develop a range of personal and interpersonal skills with general application to personal and work life, as well as specific knowledge and skills to enhance success within the business services industry. An introduction to personal and business accounting records also provides students with valuable real-life skills.​

Economics and Accounting Applications

  • Running a successful business/household means that you must constantly monitor your own financial position. To assess performance, it is important to understand how financial transactions are recorded and reported upon. 
  • In this unit, students will be introduced to the basics of record management and accountability.

Year 10 Digital Technologies - Economics and Accounting Applications Year Level Plan

Enterprise and Innovation

  • ​Starting a new enterprise is a risky business. The journey is fraught with hazards and the rate of failure increases for the uneducated. 
  • This unit will allow students to analyse the skills needed to be a successful entrepreneur. 
  • Students will be challenged through the examination of contemporary issues in business and economic activities.

Year 10 Digital Technologies - Enterprise and Innovation Year Level Plan

Years 11 and 12 General Subjects

​Accounting

  • This course is designed to provide a foundation in the discipline of accounting and to prepare students for further education, training and employment.

Business

  • Students investigate and explore the business lifecycle from seed to post-maturity stage and develop skills in examining business data and information.

Economics

  • Studies in Economics helps students develop knowledge, skills, values and attitudes which enhance competence in decision making about people and their social and economic environment. 
  • Economic principles give students a better understanding of the way the real world works. 
  • By studying Economics, students are better equipped to participate in society.

Legal Studies

  • This course will help students develop an understanding of our legal system, and how the law operates and affects our society. 
  • Legal Studies gives students an insight into the many legal issues which can arise out of community matters and what can be done about them.

​Years 11 and 12 Applied Subjects

Business Studies

  • This program of study gives students knowledge and understanding of the administrative requirements of the business world and provides them with a range of skills – technical, personal and interpersonal – necessary for efficient operation within an office environment.

Diploma of Business

  • ​The Diploma of Business provides students with an understanding of effective business practices and prepares them for employment opportunities across a range of business disciplines.

​​Years 11 and 12 VET Qualification

Diploma of Business (BSB50120)

  • The Diploma of Business will provide students with an understanding of effective business practices and prepare them for employment opportunities across a range of business disciplines.  

  • The Diploma can be used to create further educational and employment opportunities and as a pathway into university.  

  • In addition, it may provide academic credit towards undergraduate study.  The course will be facilitated by an outside agency.  

  • A fee for the course will be charged (payment plans can be arranged).

  • Students undertake Diploma of Business studies at school alongside their regular senior school curriculum.​

Course Duration

  • The course will be delivered over a period of 18 months alongside self-paced study.

Assessment

  • ​Assessment is competency-based and evidence will be collected throughout the course.

 Why Study a Diploma of Business​?

  • Qualification provides students with ATAR equivalency and up to eight QCE points.

  • Potential academic credit towards university undergraduate degrees.

  • Achieve a nationally accredited qualification while still at high school.

  • Established university pathways.

  • Personalised study experience and strong student support.

  • Competency-based learning that prepares students for the workplace and entrepreneurial pursuit.​


Business Diploma Structure - 12 Units

​​​​​​Core Units - 5 Units

Elective Units - 7 Units

BSBCRT511 Develop Critical Thinking in Others

​BSBHRM525 Manage Recruitment and Onboarding

BSBFIN501 Manage Budgets and Financial Plans

​BSBOPS504 Manage Business Risk

BSBOPS501 Manage Business Resources

BSBPMG430 Undertake Project Work

BSBXCM501 Lead Communication in the Workplace​

BSBTWK503 Manage Meetings

BSBSUS511 Develop Workplace Policies and Procedures for Sustainability

​BSBPEF502 Develop and Use Emotional Intelligence

BSBCMM411 Make a Presentation



BSBMKG541 Identify and Evaluate Marketing Opportunities

Extracurricular Activities

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Last reviewed 17 April 2023
Last updated 17 April 2023