Did you ever wonder about how money works in industry? How we produce goods? What goes into deciding a selling price? What it takes to arrive at the end product from a concept idea? How banks work? As members of society, we are constantly involved in buying and selling, producing goods and using financial services. This process is known as Economics and this book will help you to understand how the system works, how it affects you and why it is important that you should know about it.
This book has been written to follow a social inquiry approach and conceptual understanding.
Curriculum focus:
Economic World focuses on Social Studies Level 5 of the New Zealand Curriculum, in particular on these objectives:
- Understand how economic decisions impact on people, communities and social sustainability.
- Understand how people seek and have sought economic growth through business, enterprise and innovation.
The Vision, Principles, Values and Key Competencies of the New Zealand Curriculum are all richly embedded in this resource.
