Drouin Secondary College - Course Selection

12 VCE Economics (12HEC1)

The Course

Units 3, Economic Activity, examines the factors that affect the price and quantity traded in individual markets. Unit 4, Economic Management, examines how changes in interest rates affect inflation, the rate of unemployment and the rate of economic growth.

Unit 3 Topics

• Macroeconomics • Low Inflation • Strong and sustainable economic growth • Full employment • External stability • Equity of income distribution • Aggregate supply policies

Unit 4 Topics

• Macroeconomics • Low Inflation • Strong and sustainable economic growth • Full employment • External stability • Equity of income distribution • Aggregate supply policies

Learning and Assessment Activities

Could include: • a folio of applied economic exercises • an essay • a test • a report

These units lead to

Economist, accountant, bank officer, commodity trader, finance manager, hospital administrator, importer and exporter, industrial relations officer, investment analyst, investment banker, management consultant, market researcher, political scientist, retail buyer, statistician, stock broker, taxation agent, treasurer, urban and regional planner, valuer.

Special considerations

Before undertaking VCE Economics, you should have satisfactorily completed Year 10 Economics and demonstrated sufficient competency in all skill areas, or be prepared to complete catch-up work. You must undertake Unit 3 prior to undertaking Unit 4.

Costs involved

Materials required

Textbook

For further information see...

Mr Adam

Study design link

VCAA VCE Economics Index Page