W
e all need to understand the economy we live in to be able to successfully cope in everyday life. We learn skills that create many opportunities for us to earn an income but it is important that we manage it properly. Whether we want to or not, we are required to pay our rents, taxes, utility bills, food, loans and many other costs. As we establish ourselves with our work and income, further opportunities arise to make the money we earn, work harder for us. Our life style changes as we mature and we are affected by many influences that are close to us, such as our family and employment. We also have to consider what is happening in our local community, country and the world and make decisions based upon all this

Investments, such as property and shares could be considered and with what is left over, a holiday or new car could be an option.

However, all your dreams, ideas and goals could alter due to the forever changing fortunes of our lives and the world we live in. This is called the ECONOMY

 

                             

   

                              is about you, and how you can live effectively in an economy. It allows you to further develop the skills learnt at school, together with eLearning, while understanding how the economy works.

 

UNITS OF WORK

Establishing the Program

 

1.      Design money 

2.      Create 'Positions of Responsibility' (P.O.R's)
3.      Apply for Positions of Responsibility
4.      Apply for Government Positions
5.      Description of Bank Positions
6.      Create a Residential Address
7.      Describe your Property
8.      Make Letterbox

Getting Started
1.      Earning a Wage
2.      Tax
3.      Rent
4.      Food
5.      Transport
6.      Superannuation
8.      Union  X
9.      Health Insurance
10.      Homework Insurance X
11.      Contents Insurance X