Decision Making in Everyday Life
General Capabilities and Cross Curriculum Priorities
The following General Capabilities underpin this unit of work:
- Personal and Social Capability- - Ethical Understanding
- - Critical and Creative Thinking
- - Literacy
- - Numeracy
- - Information and Communication Technology
The following Cross Curriculum Priorities underpin this unit of work:
- Sustainability
Key Questions
The following Key Questions underpin this unit of work:
1. Why do I have to make choices as a consumer?
2. What influences the decisions I make?
3. What can I do to make informed decisions?
- The following Cross Curriculum Priorities underpin this unit of work:
- Sustainability
Key Questions
The following Key Questions underpin this unit of work:
- 1. Why do I have to make choices as a consumer?
2. What influences the decisions I make?
3. What can I do to make informed decisions?
Developing Concepts
The key elements of the Economics and Business knowledge and understanding standards addressed by this unit are:
The difference between needs and wants and why choices need to be made about how limited resources are used (ACHEK001).
Types of resources (natural, human, capital) and the ways societies use them in order to satisfy the needs and wants of present and future generations (ACHEK002).
Influences on consumer choices and methods that can be used to help make informed personal consumer and financial choices (ACHEK003).
The key elements of the Economics and Business skills standards addressed by this unit are:
Questioning and research
Develop questions to guide an investigation of an economic or business issue or event, and gather data and information from observation, print and online sources (ACHES004).
Interpretation and analysis
Sort data and information into categories (ACHES005).
Economic, decision making and application
Identify alternative responses to an issue or event, and consider the advantages and disadvantages of preferring one to others (ACHES006).
Apply economics and business knowledge and skills in familiar situations (ACHES007).
Communication and refleciton
Present findings in an appropriate format using economics and business terms, and reflect on the possible effects of decisions (ACHES008).
The difference between needs and wants and why choices need to be made about how limited resources are used (ACHEK001).
Types of resources (natural, human, capital) and the ways societies use them in order to satisfy the needs and wants of present and future generations (ACHEK002).
Influences on consumer choices and methods that can be used to help make informed personal consumer and financial choices (ACHEK003).
The key elements of the Economics and Business skills standards addressed by this unit are:
Questioning and research
Develop questions to guide an investigation of an economic or business issue or event, and gather data and information from observation, print and online sources (ACHES004).
Interpretation and analysis
Sort data and information into categories (ACHES005).
Economic, decision making and application
Identify alternative responses to an issue or event, and consider the advantages and disadvantages of preferring one to others (ACHES006).
Apply economics and business knowledge and skills in familiar situations (ACHES007).
Communication and refleciton
Present findings in an appropriate format using economics and business terms, and reflect on the possible effects of decisions (ACHES008).
Tuning In
Read the Lorax to introduce the key concepts that are important to address in Year 5. Discuss NEEDS and WANTS, natural resources, scarcity, sustainability, rights of a consumer and consumerism. A link to 'The Lorax in the Classroom' is on the resources page for explicit teaching ideas.
Select from the images to below to view the Lesson Sequences for each concept...
Additional Resources
In 2014 I taught a Year 5/6 class. Combining the curriculum to ensure you give all students access to relevant content can be an adventure! Attached below you will find a resource I developed around the unit written by MoneySmart for Teachers. The unit of work suited my students and they loved the subject! But first I have attached the MoneySmart unit for you to look at. You can find this resources on the MoneySmart Teaching website at https://www.moneysmart.gov.au/teaching/teaching-resources/teaching-resources-for-primary-schools.
Download the file below to use my coordinating resource.
Plan, Budget, Profit! | |
File Size: | 972 kb |
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