Economics Teachers' Association
of Western Australia
Promoting the importance of Economics in society for today and tomorrow.
Promoting the importance of Economics in society for today and tomorrow.
The Economics Teachers’ Association of Western Australia (ETAWA) is a professional association for teachers of Economics in Years 11 and 12 and Economics and Business in Years 5 to 10. Membership renewals and new memberships now available.
Each year the Economics Teachers’ Association of Western Australia (ETAWA) produces both Semester 1 and Semester 2 examinations as well as a Good Answer Guide.
Find a variety for resources by year, unit and topics of study.
Feel free to ask any of our experienced executive team any questions you might have about teaching economics.
The ETAWA annual review of the 2024 Economics ATAR Examination was another great success. Congratulations again to our high-performing schools and a special thank you to our 2024 David King Scholarship winner, Emma Dawbin, for her presentation. As always, Steven Kemp offered some invaluable insights into how the Year 12 students performed in each question, highlighting key areas for teachers to focus on. For access to his slides, they are available on the event page.
The ETAWA Members Survey is now open for 2025. The executive committee is eager to hear from its past, current and future members about how ETAWA can best support Economics teachers. Your feedback is greatly appreciated and we are looking forward to working with all our 2025 members in the year ahead. Survey closes end of February 2025.
Everyone is involved in the economy and Economics underpins all aspects of society. It is fundamental to understanding the world in which you live. Economics equips you with the knowledge, understanding and skills to make better economic and financial decisions which will improve your standard of living. Economic concepts are widely used in business and in government when making decisions.
The Curtin Economics Society, the WA Young Economists Network (WA YEN) and the WA Women in Economics Network (WA WEN) are proud to present
the upcoming free panel event - 'ECONOMICS: WHERE CAN IT TAKE YOU?'
Ever wondered where studying economics could lead you or what opportunities may come from undertaking work or research in the field. If so,
please come along to this free panel event which is open to everyone and will feature a line-up of eminent speakers who will share their
unique experiences, insights, tips and much more on the various and diverse career paths and vocational opportunities that an interest and
pursuit of economics can lead to.
Plus there'll be some free nibbles on offer to all event attendees, an opportunity for audience members to ask the panel questions and a
chance to also informally mingle, network and have further discussions (if you want to) after the formal event proceedings conclude.
The event will be moderated by Cassandra Winzar (Chief Economist, Committee for Economic Development Aust- CEDA) and will include the
following panel of speakers:
Come and learn about a career in economics, from some of the people that do it every day. Learn why economists have the tools to be CEOs, head up government departments, set interest rates or help us transition to a greener future. Learn why becoming an economist means every day of your career will be different, how you can influence others or even become a decision-maker yourself. ABE presents an event for high school students in year 10. Join us from 10:30am to 1pm on Wednesday 02 August, at EY, 11 Mounts Bay Road, Perth. We begin with a panel session featuring four economists discussing economics in the real world and what they do every day. There is no charge for participation and a light lunch will be provided thanks to our generous event sponsors - EY, Western Australia Treasury Corporation and WA Department of Treasury. ABE presents an event for high school students in year 10. Join us from 10:30am to 1pm on Wednesday 02 August, at EY, 11 Mounts Bay Road, Perth. We begin with a panel session featuring four economists discussing economics in the real world and what they do every day. There is no charge for participation and a light lunch will be provided thanks to our generous event sponsors - EY, Western Australia Treasury Corporation and WA Department of Treasury. Panel participants include Paula Gadsby (EY, Moderator), Craig McGuinness (Western Australia Treasury Corporation), Tomas Cokis (Reserve Bank of Australia), Talia Melsom (WA Department of Treasury) and Aaron Walker (Chamber of Minerals and Energy).
Get ready for the ultimate ATAR economics conference designed to elevate your revision game and prepare you for success! We’re bringing
together industry leaders to share their expert insights and knowledge with you.
With a line-up of inspiring speakers, including renowned economist Paul Bloxham (Chief Economist HSBC and Curtin alumni) and special guest
Steven Kemp (author of your textbook), you’ll be immersed in a world of economic theory and real-world application.
Date: 27 Apr 2023,
Time: 3:45pm - 4:45pm
The online teacher webinar will shine a spotlight on Developing, administering and marking the Investigation assessment type
for Year 11 Economics ATAR.
Experienced Economic teachers will lead discussion of shared experiences and different approaches.
Please contact us if you would like to apply to be a presenter or would like to suggest a teacher who would be a good presenter.
Please forward any questions that you would like answered to executive@etawa.edu.au
RSVP by 26 Apr 2023 4:00pm
The rise and fall of economies, future employment prospects, incomes and living standards are all at the heart of economics. A major in
Economics prepares you for work in financial institutions, government, international agencies and the private sector as a forecaster,
analyst or consultant.
The University of Western Australia Business School has a number of course offerings in the field of Economics.
UWA Business School Offerings
UWA Business School Economics Roadmap
Click on the link below to find out more information.
Data in this snapshot are the latest available as at 8 September 2022.
The world's central bankers are heading to Jackson Hole, Wyoming, later this week, with global interest rates top of the agenda. Richard Franulovich, Head of FX Strategy at Westpac, says if the US Federal Reserve continues to raise interest rates more than the Reserve Bank in Australia, that will put downward pressure on the Australian dollar.
Date: Thursday 08 September 2022
Time: 12:45 pm, concludes 2:00 pm
Venue: By Zoom webinar only. Registration in advance is essential.
Zoom details will be provided on registration
Governor Lowe has agreed to take questions from the floor.
Since 2006 The Anika Foundation has presented an annual fundraising event, attended mainly by organisations and individuals engaged in the
financial services sector. Every one of these events has included a briefing by the Governor of the Reserve Bank. In 2019 we seated more
than 400 guests, including several groups of high school economics students. We raised more than $80,000. In 2020 and 2021 we presented the
event as webinars with a nationwide audience and raised about $40,000 each time. All funds raised go directly to the Foundation. All of
these events have been generously sponsored. We invite you to join us for a briefing by Governor Lowe by webinar. And to continue to
support the Foundation as it works to understand and improve mental health in young people.
16Jun
RBA Govenor warns it is unclear how high interest rates will go | ABC 7:30
Watch an interview the ABC ran this week where Phillip Lowe discusses the purpose and intention of monetary policy since 2020 as well
as the justification for the "surprising" lifts in the cash rate, as well as some projections for the future.
Classroom discussion could be based on the business cycle and the current macroeconomic indicators of the economy, the role of monetary
policy and the reasons why the Reserve Bank might take a particular monetary policy stance.
The Chamber of Commerce and Industry (CCIWA) Student Economic Forum is back for 2022. Our Student Economic Forum is now in its 25th
year.
The Economic Teacher's Association of WA (ETAWA) would like to invite Year 12 students and their teachers to attend the 2022 Student
Economic Forum. The event is sponsored by the Chamber of Commerce and Industry of Western Australia (CCIWA).
The Careers with STEM hub is a student-focussed website that includes surprising STEM careers pathways, insights into the future of work, 100s of diverse STEM role models, teacher and students events, a back catalogue of Careers with STEM magazines, student career quizzes, videos interviews and much more.
At its meeting today, the Reserve Bank of Australia Board decided to increase the cash rate target by 50 basis points to
1.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to
1.25 per cent.
Global inflation is high. It is being boosted by COVID-related disruptions to supply chains, the war in Ukraine and strong demand which is
putting pressure on productive capacity. Monetary policy globally is responding to this higher inflation, although it will be some time yet
before inflation returns to target in most countries.
Inflation in Australia is also high, but not as high as it is in many other countries. Global factors account for much of the increase in inflation in Australia, but domestic factors are also playing a role. Strong demand, a tight labour market and capacity constraints in some
sectors are contributing to the upward pressure on prices. The floods are also affecting some prices.
Tactic Publications will shortly be contacting all schools to promote their series of teaching slides (developed in Powerpoint) for use by
Economics teachers. The first set of slides has been written for the macroeconomics chapters of the Discovering Economics text (7th
edition).
Each chapter has between 30 and 40 slides that address key concepts in the chapter. Many slides have notes that expand on the information in
the slide. Others use ‘animations’ to help teachers explain steps in understanding a concept or skill, such as the calculation of an index
number in the slides about inflation.
The copyright status of the slides is CC-BY-NC. This license allows reusers to distribute, remix, adapt, and build upon the material in any
medium or format for non-commercial purposes only, and only so long as attribution is given to the creator. In other words, teachers can add
or change the slides for their own use.
The slides will be available from July at www.tacticpub.com.au.
The price for the set of 7 Unit 2 chapters is $70. A free sample set (the inflation chapter) is available now. Slides for the Unit 1
chapters of the book are currently in development and will be available later in the year.
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Please note you are receiving this invitation on behalf of the John Curtin Institute of Public Policy at Curtin University. CURTIN CORNER WEBINAR SERIES 2022 |
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Adjunct Professor John Edwards The economic challenges facing the next Australian government |
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Date: Friday 13 May, 2022 Time: 4.00pm - 5.15pm Venue: Online (Registrations close Friday 13 May at 10:00am. A link to the event will be emailed Friday morning of the event.) Cost: This event is free but registrations are essential Abstract The government elected May 21 will be confronted by high government debt, rising interest rates, slow productivity growth, and serious tensions with our major trading partner, China. The global economy, too, presents challenges to Australia, including war in Europe, hostility between China and the United States, inflation, slowing workforce and productivity growth in the major economies, and adjustment to climate change. How will the new government respond to these challenges, and how will they affect jobs, incomes, wealth, and what we may expect from governments over the next decade? About the Speaker John Edwards is an adjunct professor at the JCIPP, a senior fellow with the Lowy Institute, and a former member of the board of the Reserve Bank. He was a long-time chief economist for HSBC Australia, and a former senior economic adviser for treasurer and then prime minister Paul Keating. The first volume of John’s two volume biography of John Curtin, Curtin’s War, won the 2019 Prime Minister’s Literary Award for history. He is now an independent director on the board of the superannuation fund Cbus, where he is a member of the Investment Committee and chair of the Risk Committee. He is also on the board of asset consultant Frontier Advisors. |
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The Australian Economics Olympiad (AEO) is a series of fun, challenging activities aimed at refining and testing high school students’ mastery of economics. The AEO builds on and tests students’ knowledge and problem-solving abilities in economics and develops their
skills in applying economic facts and reasoning to problems in policy, business, and finance.
Registrations for AEO 2022 can only be done through school teachers, who will then need to invigilate the test in individual schools. All
students currently studying in Year 9 and above are welcome to participate, while students in Year 11 and 12 are more likely to be
competitive. Please register your interest using the weblink below.
The deadline for registration is 13 May 2022.
There are four new EconoBites available to use in your classroom. Take a look!
Demand for music: This ‘bite’ aims to show how businesses respond to the demands of consumers. Students are to interpret information
and/or data to identify key relationships and/or trends.
Year 7 - Demand for
Music
The
world of work: This ‘bite’ aims to show why individuals work. It explores both the material and non-material reasons why people work.
These include earning an income, contributing to an individual's self-esteem and personal satisfaction.
Year 7 - The world of
work
Fast Fashion: This ‘bite’ aims to show how participants in the global economy are dependent on each other, including the activities of transnational corporations in the supply chains and the impact of global events on the Australian economy
Year 9 - Fast Fashion
This ‘bite’ aims to examine the impact of rising inflation on the Australian economy. It presents the concept and measurement of inflation,
the main sources of inflation and asks students to examine both the impact and policy options to combat inflationary pressures.
Surging Inflation
Good news.
ETAWA's engagement with Treasury will continue in 2022 with three one-off presentations during Terms 2 and 3.
Some topics covered:
The economic role of Treasury
Economic performance
Living Standards
Productivity
The following dates and times have been confirmed:
Year 10 – Thursday 26 May 3.30-4.30pm (WST)
Year 12 – Tuesday 28 June 3.30-4.30pm (WST)
Year 11 – Term 3 (September 5-6 to be confirmed)
Please register your interest in this event by clicking the link below.
Economics ATAR Examination Review 2025 - Friday 14 February 2025