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Find a variety of resources Snr Economics & Jnr Eco_Bus 

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Economic literacy

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

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NEW!  The QETA and Saul Eslake Economic teacher pack is available as a resource to support you as busy Economics teachers! detailed Flyer detailed Flyer

NEW!  2025 Economics syllabus  QETA Commentary QETA Commentary 2025 Syllabus 2025 Syllabus

NEW!  Year 7-10 Financial literacy $2500 for financial literacy in action award Ecstra Ecstra

Who we are

We are a friendly organisation of dedicated and passionate teachers who specialise in teaching 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 about how to understand front page news, and how to make more informed decisions when economic conditions are changing. This includes decisions about jobs and large purchases, to making 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 problem solving current situations and issues for a better world!

QETA Inc. is a body of teachers and other educators throughout Queensland, Australia, committed to the promotion and advancement of Economics and Business Education in schools.

To achieve this goal, the association organises and resources a diversity 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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New to Economics T'Chats with Deb De Silva

We've been putting a lot of work into tidying up the organisation and links in relation to our T'Chats and registration pages. Hopefully things work as they should. We have two "New to Economics" T-Chats with Deb De Silva over the next few weeks. There are meant to be a fairly informal space where beginning teachers, or those from different specialities may connect with each other and discuss pedagogy, learning activities, assessment ideas, and all things day-to-day. 

Their event links are as follow:
6 March - https://www.qeta.com.au/community/event-rsvp/?event_id=43
20 March - https://www.qeta.com.au/community/event-rsvp/?event_id=44


Practice Questions | RBA

Unit 1
Draw a fully labelled production possibility curve that represents a country's choice between manufacturing and agriculture. Label an unattainable, optimal and inefficient point on your diagram. Add to the diagram, the impact an increase in immigration may have on this diagram and explain your reasoning. 

All Units
Brainstorm possible explanations for why the price of used cars has increased so much as a result of the Covid-19 pandemic


Paradox of Thrift | PBS Newshour 2009

Hoping to extend your students knowledge on the Paradox of Thrift? This may help with that. Rather than the simple 2-minute explainer videos that are more common, here's one that is set against the backdrop of the GFC in 2009, and in the US where may hit a bit harder than Australia. They go into the problems with a bit more depth, and draw a few interesting analogies as well to open up more examination and application. Also, rarely will I recommend Youtube Comments, but much of the discussion there is actually about some potential fallacies in the paradox's main claim of saving hurting the economy. There's much discussion about how if everyone increased savings, that increases loanable financial assets, which often makes it easier to depress the cost of borrowing and spur allowing spending. Fascinating stuff. 

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.

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