TCE Economics Level 3
oTCE Economics Level 3
| 🎓Course Type | Level 3 - Pre-tertiary |
|---|---|
| TASC Code | ECN315116 |
| TCE Points | 15 |
| ⏱Hours | 150 |
| ✔️Standard | Reading and Writing (Literacy) |
| 📚Prerequisites | HASS courses do not require any previous course knowledge or experience. |
📎Desirable prior experiences | 'B' or higher in Year 10 Humanities or English (to study in Year 11) CA or higher in a HASS/English Level 3 (to study in Year 12) |
| 📝Assessment | Internal and external assessment. Criterion based. Examination - Yes Folio/Investigation - No |
What will I learn?
By studying Economics, we develop our understanding of how we, as individuals, businesses, and governments, organise ourselves to make choices that satisfy people's competing needs and wants. We learn how economic events and issues affect our lives and how we can use the knowledge and skills of economics to inform our participation in society. We can develop skills to understand, analyse and evaluate economic data, use economic reasoning and communicate findings on a range of economic issues and government policies. Economic literacy enables learners to actively participate as a citizen in decision-making which promotes individual and societal wealth and wellbeing.
In this course, we explore how events and issues affect our lives and how these developments and circumstances can be framed using economic terms and concepts. We will learn that economic decisions are not value free and have outcomes that may be inconsistent with personal and communal, social and ethical values. Economics Level 3 benefits learners when they pursue further education and training, employment and active participation as citizens.
The course is divided into four compulsory units of study:
| Content | |
|---|---|
| Unit 1: An Introduction to Economics where we learn about supply and demand, the strengths and weaknesses of markets and forms of government intervention in markets | (40 hours) |
| Unit 2: Economic Management where we look at issues such as unemployment, inflation, productivity and growth and evaluate government policies to influence these things | (60 hours) |
| Unit 3: Australia in the Global Economy where we look at Australia's trade and competitiveness with the rest of the world, influences on the value of the dollar and the benefits and challenges of globalisation | (35 hours) |
| Unit 4: Investigation into a Contemporary Economic Issue where we examine an issue of choice related to either equity (social justice) or the environment | (15 hours) |
Why should I consider this course?
This course is for students who want to use the knowledge and skills of economics to inform their participation in society . If you are keen to participate effectively and responsibly in a changing social, legal, and economic environment and for this participation to promote individual and societal wealth and wellbeing - then this course is for you.
What Skills does this course provide?
This course uses an inquiry model of learning. Through the processes of inquiry we will develop economic:
literacy
comprehension
analysis and evaluation of data
reasoning
communication
What Pathway Options does this course provide?
The skills and knowledge developed and acquired in this course, serve students interested in University and non-University pathways. Careers and professions associated with Economics can include:
Historian, Economist, Teacher (Primary, Secondary) University (Lecturer/Academic), Media Advisor, Communications Officer, Publishing Editor, Fact-checker, Writer/Author, Journalist, Environmental Lawyer, Lawyer - Mergers and Acquisitions, Solicitor, Criminologist, Manager Human Resources, Policy Advisor, Policy and Planning Manager, Policy Analyst, Political Scientist, Foreign Affairs and Trade Officer, Parliamentarian, Business Consultant, Resource Economist, Community Worker, Social Researcher Counsellor, Student Advisor, Psychiatrist, Psychologist, Welfare Case Manager, Welfare Worker, Youth Worker, Social Work, Sustainability Activist.