John XXIII College

Quicklinks
  • Absentee Notice
  • Employment
  • Enrolment
  • Webmail
  • Alumni
  • Term Dates
  • Calendar
  • Newsletters
  • Events - Online Bookings
  • Home
  • Our College
    • About Us
    • Our Faith
    • Our Governance
    • Our Philosophy and Aim
    • Our Values
    • Our Heritage
    • Our History
      • Our History
      • College Founders
      • Mary Ward Sculpture
      • Ignatius Loyola Sculpture
      • John XXIII Sculpture
    • Alumni
    • Foundation
    • Donate Online
  • Education
    • Primary
      • Primary
      • Early Years
      • Pre-Primary
      • Primary Years 1 - 6
    • Secondary
      • Secondary
      • Year 7 Transition Program
    • Inclusive Education
    • Magis
    • Learning Enrichment
      • Learning Enrichment
      • Learning Enrichment Curricular
      • Learning Enrichment Co-Curricular
      • Learning Enrichment Enquiry
    • Education Programs
    • Pastoral Care
  • Enrolments
    • Application for Enrolment
    • Enrolment Policy
    • Download College Prospectus
    • Enrolment Enquiry
    • Parent Dashboard
  • For Families
    • Absentee Notice
    • Booklists 2025
    • Calendars
    • Canteen
    • Contact Procedures
    • Curriculum
      • Curriculum - Academic
      • Drama
      • English
      • Health & Physical Education
      • Humanities and Social Sciences
      • Languages
      • Mathematics
      • Music
      • Religious Education
      • Science
      • Technology and Enterprise
      • Visual Arts
    • Online Safety Hub 🌐
    • Events - Online Bookings
    • Fees and Charges
    • Library
    • Men of John XXIII
    • Newsletters
      • Newsletters 2025
    • Outside Hours School Care
    • Parents' Association
      • Financial Role of the Parents' Association
      • Social Role of the Parents' Association
      • Pastoral Care Role of the Parents' Association
      • Educational Role of the Parents' Association
    • Parent Volunteer Groups
    • Parish Sacrament Programs
    • Policies
    • School TV
    • Sport
      • Sport
      • Associated and Catholic Colleges (ACC) Carnivals
      • NAS Sport
      • Athletics
      • Cross-Country
      • Swimming
      • Netball Club
      • Rowing Club
    • SmartRider Card
    • Student Devices
    • Sustainable School Shop
    • Term Dates
    • Transport
    • Uniform Shop
  • Contact Us
    • Contact Us
    • Enquiry Form
    • Employment Opportunities
      • Employment Opportunities
    • Feedback
  • Seqta

Year 12 Economics ATAR

Overview

The Economics ATAR course develops student learning through two content areas:

  • Economic knowledge and understanding
  • Economic skills.

Unit 3 - Australia and the Global Economy

The unit explores the linkages between economies and the concepts of globalisation, trade liberalisation and protection in relation to the Australian economy. Students examine Australia's trade, the recording of international transactions and the impact of these transactions on the Australian economy. Students examine the effects of changes in Australia's economic transactions with the rest of the world using recent (the last ten years) and contemporary (the last three years) economic data, together with economic models.

Unit 4 - Economic policies and management

The unit explores how economic policies and actions, such as fiscal policy, monetary policy and microeconomic policy operate in the pursuit of the Australian Government's economic objectives. Students examine the effects of the operation of policies in Australia using economic models along with recent (the last ten years) and contemporary (the last three years) economic data.

Topics

Unit 3 and Unit 4 are delivered concurrently.

Unit 3: Global interdependence. Free Trade and Protection. Pattern of Trade. Balance of Payments. Terms of Trade. Exchange Rates. Foreign Investment.

Unit 4: The business cycle. The aggregate expenditure model. The aggregate demand and aggregate supply model. Economic policy objectives. Fiscal policy. Monetary policy. Structural change. Measures to improve productivity.

Assessments

Weight

Types of assessments

Number of assessments

30%

Data Interpretation / Short answer

An answer of less than 150 words that can include discuss, explain or analyse an economic concept, event or issue.
Formats can include: multiple-choice questions, calculations and/or short answer questions that can require a definition, description, explanation or application of economic concepts, theories and/or models. Typically questions require students to interpret real or hypothetical economic data or information, such as graphs, tables, text or cartoons.
Typically tasks are a combination of these formats.

Six assessments over the year. Set approximately every 4 weeks. Usually 50 minutes in duration

30%

Extended answer

The question can require a description, discussion, explanation and/or analysis of an economic concept, event or issue, and the application of economic theories and/or models. The question can include stimulus material. Formats can include: an essay, a sectionalised long answer, an investigation and/or a response to a scenario or a case study.

Six assessments over the year. Set approximately every 4 weeks. Usually 50 minutes in duration

40%

Examination

Typically conducted at the end of each semester and/or unit and reflecting the examination design brief for this syllabus.

Two exams. Held at the end of each semester. 3 hours in duration.

Reporting

A grade will be assigned following the completion of the course unit.

Grade

Interpretation

A

Excellent achievement

B

High achievement

C

Satisfactory achievement

D

Limited achievement

E

Very low achievement

Each grade is based on the student's overall performance for the course unit as judged by reference to a set of pre-determined standards. These standards are defined by grade descriptions.

Student Expectations/Homework

Students will be expected to complete approximately 2.5 hours homework each week. This time should be spent consolidating material covered in class and working through questions in their workbook.

Show Map​

John XX III Aerial Photograph

John XXIII College - Horizontal logo

  • PO Box 226, Claremont, Western Australia 6910
  • Telephone: 08 9383 0400
  • Email: jtc@johnxxiii.edu.au | Web: www.johnxxiii.edu.au




John XXIII College acknowledges the Whadjuk people of the Noongar nation who are the traditional custodians of this land upon which we live, learn and work. We acknowledge the continued deep spiritual connection and relationship of the Aboriginal peoples to this country and commit to the ongoing journey of reconciliation.

facebook instagram twitter linkedin youtube