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Year 11 Resources
| Resource | Type |
| The Circular Flow of Income Summarises the five sector flow model for individuals, businesses, governments and financial institutions. |
Notes |
| Demand and Supply Discusses factors affecting demand and supply, and movements along the demand and supply curves. |
Notes |
| The Economic Problem in Australia Provides information about the economic problem in an Australian context and the way in which it is addressed. |
Essay |
| Basic Function of Financial Sector Discusses economic units, types and roles of financial markets, regulatory authorities, factors affecting the demand and supply of funds, financial changes and innovations, borrowers in the debt market, debt instruments, interest rates, the cash market and effects of cash rate. |
Notes |
| Merit and Public Goods Distinguishes between merit and public goods, and explains why the Government is the main provider of these goods in the economy. |
Essay |
| Labour Market Essay Explains the labour force participation rate, factors that affect it, and its relationship to the unemployment rate. |
Essay |
| Labour Market Assessment Task Discusses the Australian labour market, in terms of market outcomes and the role of major labour institutions. |
Essay |
| Market Equilibrium Defines market equilibrium, and explains how market forces establish it and the factors that can lead to a change in equilibrium. |
Essay |
| Class Notes Provides detailed notes on the topic of work and employment in the economy. |
Notes |
| The Effect of Population Ageing on the Australian Economy Discusses the nature of the issue, implications for consumers and business, and implications for governments and policy responses. Credits: Eric Cheung, Enoch Lau, Viktor Tanevski |
Research Project/Essay |
| Price Elasticity Discusses the nature of elasticity, ways to measure it and its impact on businesses and government. |
Essay |
| Production Possibility Curves Explains the different shapes of the production possibility curves. |
Notes |
| Productivity Defines productivity and outlines ways to increase it. |
Notes |
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: did you only do eco in year 11? do you have hsc notes for eco too?