The nature of Economy

• It appears JavaScript is currently blocked Check your browser settings and network. This website requires JavaScript for some content and functionality.
• This module contains a collection of resources for teachers to introduce students to the Australian economy and its participants, the circular flow model, and the business cycle.
• The resources support a number of Economics and Commerce curriculum objectives.
• Available Resources


  • Delivery Notes
  • Illustrators
  • Presentations
  • Learning Activities
  • Explainers
  • Digital Interactives
• Delivery Notes contain background information, and a summary of available resources and how they could be used within a classroom setting to deliver this topic.
• Illustrators provide visual summaries of key concepts.
• Presentations contain key information introducing students to various economic topics.
• Learning Activities provide questions and activities linked to the content.
• Explainers provide detailed explanations of economic concepts and principles.
• Digital Interactives are interactive tools that allow users to explore economic data and concepts.
• Economic systems can be classified as traditional, command, market or mixed economies.
• The main types of commerce are domestic trade (within one country), international trade (between countries) and e-commerce (online trading).
• Commerce is the exchange of goods, services or money.