This short unit is based on the Year 5 Australian Curriculum HASS Inquiry Skills, Knowledge and Understandings for Economics and Business. This is the first time in the curriculum where students learn anything about the study of economics, and it serves as the backbone from which a lot of future economics work will be hung. Because it is the seeds of later economics study, it doesn’t have a great deal of depth, and the topics are somewhat disparate. This unit works great together with the Year 6 Economics and Business unit or could be separated and put between other units in a busy HASS curriculum.
In this unit students will learn;
In this lesson, students will learn the difference between wants and needs, and how there is a limited amount of resources to fill these wants and needs.
In this lesson, students will discuss the different types of resources used to satisfy communities' needs.