A non-profit organisation of teachers and other educators throughout Queensland, Australia, committed to the promotion and advancement of Economics and Business Education in schools.
We are a friendly organisation of dedicated and passionate teachers who specialise in teaching and the promotion of Senior Economics in Queensland, and Economics and Business in Years 7-10.
We are determined to break down myths: Economics is interesting, topical and logical.
It is understanding front page news and answering questions as to how to make informed decisions when economic conditions are changing.
This includes decisions about jobs, production, investments, and entrepreneurial decisions as individuals or as managers in future
careers and businesses. Studying Economics gives students hope and optimism, as it
involves solving issues for a better world!
To achieve this goal, the association organises and resources a range of activities aimed at enhancing the professional qualities of teachers and the understanding of Economics among students.
QETA Inc. was established in 1968. It is a non-profit organisation.
Unit 4
Some argue that a significant factor behind the decline of Australia's car manufacturing is increasing global trade -- particularly the
reduction in trade barriers and protections. Presume this statement is true, and describe the positive and negative outcomes that this may have had for the Australian economy.
Unit 2
Define and provide an example each of the following types of government intervention, within the context of achieving ecological sustainable
development:
A) Voluntary action
B) Direct Regulation
C) Market-based mechanisms
We have new quarterly and annual inflation data, a bit higher than RBA forecasts at 1% and 3.6% respectively. Given were a few weeks away from both the Federal Budget, the next RBA Monetary Policy decision and the Stage 3 Tax cuts, there is no shortage of material for economic analysis. Regularly watching, reading and listening to economics news is one of the best ways to build capacity in your classrooms. If you've yet to dive in, try helping your students unpack the language, concepts and models that show up in real life. I call them "theory drops" -- phrases like "labour market becoming more competitive", "factors of production," "increasing demand" and many others are direct examples of comprehending, analysis and evaluation in our syllabus. Year 12s should be getting ready to elaborate on the references to interest rate cuts as well.
Here's one for the extra keen. Motley Fool (with the investment angle they usually have) has a really insightful piece mythbusting America's decline in manufacturing sector. It's a great read and example of strong analysis and evaluation of economic data. A classroom idea may be to then compare this with Australia, which also has a much-spoken about decline in manufacturing. Is the case the same in Australia? Is Australian manufacturing stronger than most people think?
Defining what is meant by economic literacy is not straightforward and it has been the subject of debate over many decades. New research by the RBA and their Bulletin article explores the meaning of ‘economic literacy’.
Economic and financial literacy are clearly distinguished by the RBA research.
This is important information required by teachers of the Australian Curriculum Economics and Business Years 5-10. The curriculum, both versions 8.4 and 9.0 refer to core ideas of economics and financial literacy, so it is critical that teachers appreciate the difference of economic and financial literacy for their teaching programs.
The recording is available to all members and non members of QETA.
There are many advantages for teachers who are members.
Join our newsletter and receive all the latest updates from us.
Write to us through the contact form.
