Economic Growth 2025

Curriculum Details

Subject: Business
Year Level: Year 10
Curriculum Area: Australian Curriculum – Economics and Business (AC9HE10K03)
Focus: Investigating factors that influence economic performance and living standards in Australia

Lesson Objectives

By the end of the lesson, students will:

• Understand key drivers of economic growth in Australia for 2025
• Analyse how economic growth impacts businesses, employment, and living standards
• Engage in critical thinking about Australia's economic future
• Present informed predictions on economic trends

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Lesson Breakdown (52 Minutes)

1. Engaging Introduction – Economic Snapshot (8 minutes)

Objective: Activate prior knowledge and spark interest in Australia’s economic growth.

• Teacher explains: "Economic growth affects employment, wages, and our daily lives. But what is shaping Australia’s economy in 2025?"
• Quick Think-Pair-Share Activity:
  • Students brainstorm 3 factors they believe impact Australia’s economy today.
  • They discuss responses with a partner for 2 minutes.
  • The teacher facilitates a brief discussion, writing keywords on the board (e.g. inflation, technology, exports).

2. Core Learning – Understanding Economic Growth (12 minutes)

Objective: Explore factors driving Australia's economic growth in 2025.

• Teacher-led explanation using real-world Australian examples:
  • Technological Innovation – AI in business, automation
  • Trade & Exports – Iron ore, agriculture, international demand
  • Government Policies – Budget, taxation, investment in infrastructure
  • Employment Trends – Rise of remote work, gig economy
• Interactive Visual: The teacher shows a short infographic with statistics on Australia’s current economic growth projections (without overwhelming text).

3. Group Challenge – "The Future of Australia’s Economy" (15 minutes)

Objective: Apply knowledge to real-world problem-solving.

• Scenario: "It's 2025, and you are economic advisors. The government wants your advice on how to ensure strong economic growth."
• Students form groups of 4 and choose one of these focus areas:
  1. Innovation and Technology
  2. Exports and Trade
  3. Government Investment
  4. Workforce and Jobs
• Group Task (10 minutes):
  • Identify 2 key opportunities and 1 challenge for Australia’s economy in their chosen area.
  • Present a 30-second pitch to the class, summarising their findings.

4. Real-World Application – Debate & Critical Thinking (10 minutes)

Objective: Encourage critical thinking and personal opinions on economic growth.

• Debate Statement: "Australia should rely more on technology and automation for future economic growth."
• Half the class argues in favour, half against (random assignment).
• Quickfire Debate Format:
  • 1-minute preparation
  • 3 students from each side present one argument each (concise reasoning).
  • Open forum: students raise counterpoints.

5. Reflection & Exit Ticket (7 minutes)

Objective: Consolidate learning and encourage personal reflection.

• Individual Reflection Question: "What do you think is the biggest opportunity for Australia’s economic growth in 2025? Why?"
• Exit Ticket: Each student writes their response on a sticky note and places it on the ‘Economic Growth Wall’ at the front of the class.

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Assessment & Differentiation

Assessment (Formative)

• Observation during discussion & debate to gauge understanding
• evaluating critical thinking through group challenge presentations
• Exit Tickets provide insight into individual comprehension

Differentiation

• Scaffolded Explaination: Diagrams for visual learners, real-world examples for context
• Flexible Group Work: Roles assigned for clarity (e.g. researcher, speaker, writer)
• Extension: Students interested in more detail can research government policies preparing for economic growth

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Teacher’s WOW Factor

✅ Creative group challenge with real-world decision-making
✅ Fast-paced, interactive debate to develop strong reasoning skills
✅ Exit ticket system to personalise learning & track progress

This lesson immerses Year 10 students in real-life decision-making while aligning to key Australian Curriculum standards, ensuring meaningful and engaging learning.