The study of Business and Economics is conducted through a four-day project where students investigate economic and business issues. In developing their own business concept, students learn how decisions are made to allocate limited resources to individuals and communities in an economy. They consider the reasons businesses exist and types of businesses, and identify how entrepreneurial characteristics contribute to the success of a business. Students identify the rights and responsibilities of individuals and businesses in terms of products and services. They locate, select and organise data and information from sources. They interpret information and data to identify economic and business issues, trends or effects. They develop a response and identify potential costs and benefits. Students use this economic and business knowledge to create their business enterprise.
Assessment: Project
Mr Wes Warner
wwarner@mfac.edu.au
