Economics and business

Australia and the global economy

The role of the key participants in the Australian economy, such as consumers, producers, workers and the government (ACHEK038)

Australia's interdependence with other economies, such as trade and tourism, trade links with partners in the Asia region, and the goods and services traded (ACHEK038)

Why and how participants in the global economy are dependent on each other, including the activities of transnational corporations in the supply chains and the impact of global events on the Australian economy (ACHEK039)

Why and how people manage financial risks and rewards in the current Australian and global financial landscape, such as the use of differing investment types (ACHEK040)

The ways consumers can protect themselves from risks, such as debt, scams and identity theft (ACHEK040)

The nature of innovation and how businesses seek to create and maintain a competitive advantage in the market, including the global market (ACHEK041)

The way the work environment is changing in contemporary Australia and the implication for current and future work (ACHEK042)