SACE Credits: 20

Teacher: Vanathi Arulmuruganar

In Economics we explore the economic problem, microeconomics (concepts pertaining to enterprise and industry), macroeconomics (exploring the Australian economy), globalisation and poverty and inequality.


In Economics we will view problems from technical, theoretical and analytical perspectives, using models to explain economic phenomenon.


Assessment will comprise of two school based components: skills and applications tasks and folio, and an external exam. The skills and applications tasks are worth 30% of the grade and will take the form of a range of tests and essays.


The folio tasks are worth 40% and will allow students to research and explore contemporary economic issues in greater depth. The exam is worth 30% of the overall grade and will cover content from across the curriculum in short and extended response format.


School Assessment (70%)

  • Assessment Type 1: Skills and Applications Tasks (30%)
  • Assessment Type 2: Folio (40%)

External Assessment (30%)

  • Assessment Type 3: External Assessment: Examination (30%)


This subject is accepted for entry to tertiary courses including university courses. It is broadly based and also provides ideal preparation for entry to careers associated with business and social science. Students learn how to solve complex real world issues on a local, national and global level.