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Resources for you

Find a variety of resources Snr Economics & Jnr Eco_Bus 


Economic literacy

For Year 7-10 Eco_Bus teachers (incl non-members)

Free  resource Free  resource

New resources 7-10  We are adding to our resources! members only. Year 7-10 resources Year 7-10 resources

New Australian Bureau of Statistics - QETA graphic resource Button Button

2025 Economics syllabus QETA Commentary QETA Commentary 2025 Syllabus 2025 Syllabus

Who we are

We are a friendly organisation of dedicated and passionate teachers who specialise in teaching and the promotion of Senior Economics in Queensland, and Economics and Business in Years 7-10.

We are determined to break down myths: Economics is interesting, topical and logical. It is understanding front page news and answering questions as to how to make informed decisions when economic conditions are changing. This includes decisions about jobs, production, investments, and entrepreneurial decisions as individuals or as managers in future careers and businesses. Studying Economics gives students hope and optimism, as it involves solving issues for a better world!

To achieve this goal, the association organises and resources a range of activities aimed at enhancing the professional qualities of teachers and the understanding of Economics among students.

QETA Inc. was established in 1968. It is a non-profit organisation.

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Practice Questions

Unit 2
Imagine the government was to increase the JobSeeker payment. Identify and explain 3 potential costs and/or benefits of such a policy. 

Unit 4
Draw the complete transmission mechanism of monetary policy. Explain the likely impact of an increase in the cash rate would have on the "savings and assets" channel. 

Queensland to slash public transport costs | ABC News

This may be bigger news in SEQ where public transportation is a bit more prevalent, however it's hard to find more of a directly related news story that what was announced this past weekend. While this may be tied to upcoming election, economic policy is economic policy. Here are some discussion prompts that may help consolidate your students' learning:

1. How would "reducing transport fees" impact the circular flow of income, namely, the household, business and government sectors?
2. Draw supply and demand diagrams to show:
  a) The impact on the market for public transportation
  b) The impact on the market for cars
  c) The impact on the market petrol
  d) The impact on the market for bus and train operators
3. Identify the positive and negative outcomes of this policy, classifying each as "short" and/or "long-term" outcomes. 
4. The projected cost of this to the state government is $150M. Contextualise this amount of public finding by comparing it to other categories of state government funding. 

Seminar with RBA's Alex Symonds | AEO

Last week the Australian Economics Olympiad Committee held a seminar with Alex Symonds, Public Education Economist with the Reserve Bank of Australia. These are always geared toward students covering broadly, economics pathways and a some classroom strategies. 

Many of you may know Alex and his team through a wealth of resources they create specifically for high school economics classrooms. Here are some of the regular go-to's:
1. Transmission of Monetary Policy explainer - https://www.rba.gov.au/education/resources/explainers/the-transmission-of-monetary-policy.html
2. Bringing the Aggregate Demand Equation to Life video - https://youtu.be/VcLgPUMbAjU
3. Inflation interactive explorer - https://www.rba.gov.au/education/resources/digital-interactives/inflation-explorer/
4. Teacher Immersion Event - https://www.rba.gov.au/education/professional-development/teacher-immersion-series/teacher-immersion-2024.html

The AEO Seminar with Alex touched on his love teaching, the collaborative culture within the RBA, getting ridiculed in a lecture by arguably Australia's most renowned economist, the broad range of opportunities an economics background provides, and the hardest things about teaching economics in high school.

The AEO also took a few questions from students and teachers across Australia -- to which Alex shares his insights on where Australia is on the business cycle, how students can best show their skills on economics assessment, what economic issues are especially pertinent to him, and of course, what type of talented young person with a tonne options may know that an economics pathway is right for them.

It's specifically geared to curriculum or pedagogy, but may be interesting for those that are super keen and curious about whether an economics pathway will fulfill them, and for those that are already here, a massive jolt of positive affirmation.

Good luck to all of the Queenslanders participating in the Australian Economics Olympiad for 2024 on Saturday 1 June. 

Economic literacy and financial literacy

Defining what is meant by economic literacy is not straightforward and it has been the subject of debate over many decades. New research by the RBA and their Bulletin article explores the meaning of ‘economic literacy’.

Economic and financial literacy are clearly distinguished by the RBA research.   RBA Bulletin article RBA Bulletin article

This is important information required by teachers of the Australian Curriculum Economics and Business Years 5-10. The curriculum, both versions 8.4 and 9.0 refer to core ideas of economics and financial literacy, so it is critical that teachers appreciate the difference of economic and financial literacy for their teaching programs.

The recording is available to all members and non members of QETA.

      Recording Recording flyer flyer

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