The Australian Year 6 Economics Curriculum

Year 6 Level Description
The Year 6 curriculum gives students the opportunity to develop their understanding of economics and business concepts by introducing the concept of opportunity cost and why decisions about the ways resources are allocated to meet needs and wants in their community involve trade-offs.

Year 6 Content Descriptions
How the concept of opportunity cost involves choices about the alternative use of resources and the need to consider trade-offs (ACHEK009)

Year 6 Achievement Standard
By the end of Year 6, students recognise why choices about the allocation of resources involve trade-offs. They describe the effects of consumer and financial decisions on themselves, others and the environment. Students identify the purpose of business and recognise the different ways that businesses choose to provide goods and services.