Introduction to the Subject Economics

Curriculum details

Strand

Consumers' Rational Decision Making (Strand 1)

Sub-strand

Introduction to the Subject Economics (1.1)

Content standard

2.1.1.CS.1 - Apply knowledge and understanding of the tools used in Economics. 2.1.1.LO.1 Use the appropriate economics tools to explain everyday economic issues.

Indicator

2.1.1.LI.3 - Apply algebra in explaining peculiar economic issues.

Suggested placement

Semester 1, Week 3 (Week 3 of the year)

Our suggestion, laid out in curriculum order across three terms of twelve weeks. NaCCA does not fix the week, so follow your school's scheme of learning.

Source document note

The official curriculum document has a fault in this entry, so the curriculum text above is transcribed exactly as printed:

• core competencies - p.58 the document sets part of this text in a Calibri subset with no ToUnicode map, so the text layer reads as Latin Extended letters; the wording stored here was read off a 150 dpi render of printed page 58 and cross-checked against a letter-for-letter decode

Curriculum reference

NaCCA curriculum document, p. 60

Exemplars (from the NaCCA curriculum)

Problem-Based Learning: Form a mixed ability and gender groups to identify various economic issues that can be explained using algebra. Such as the law of demand, law of diminishing marginal utility, law of supply etc.
Assessment (2.1.1.AS.3). The document marks these depth-of-knowledge levels for this indicator: Level 4 Extended critical thinking and reasoning.
Teaching and Learning Resources:
- Marker
- White board
- Projector
- Computers
- Pen
- Pencil
- Ruler
- Exercise books
- Internet
- Search engines