Glendowie College
10 Enterprise Studies
Subject Description
Teacher in Charge: Ms G. Sawyer.
MYP Individuals and Societies
Optional Subject
Objectives
- Understand the characteristics and importance of entrepreneurship and innovation.
- Experience business in a real context – Market Day.
- Demonstrate an understanding of money management (budgeting and financial literacy).
- Demonstrate an understanding of basic economic concepts.
- Demonstrate an understanding of cultural responsiveness and trade.
Content
MYP Unit | Outline |
The Economic Problem | Explore key economic concepts such as scarcity and opportunity cost. Understand how economic ideas and concepts are a part of everyday life. |
Getting Down to Business | Explore innovation and entrepreneurship, culminating in creating and running a business for Market Day. |
Money Matters | Explore key ideas around financial literacy and money management (Budgeting). Examine how people can make positive financial decisions and changes using financial management strategies. |
All Around the World | Explore trade, exchange rates and cultural responsiveness and investigate how businesses need to adapt and change to trade in other countries. |
NOTE: Teams acting as companies at Market Day may make a profit and choose to keep it or donate to a worthy cause.
Subject Overview
Term 1
The Economic Problem - Learning and applying the concepts of scarcity, wants and needs, opportunity cost and resources.
Getting Down to Business - Creating and bringing to life a student-led business to produce a product, market and sell this within the school community.
Term 2
The Economic Problem - Learning and applying the concepts of scarcity, wants and needs, opportunity cost and resources.
Getting Down to Business - Creating and bringing to life a student-led business to produce a product, market and sell this within the school community.
Term 3
Money Matters - Investigating the concepts of credit, credit and debit cards, managed funds, Kiwisaver, interest and banking.
Budgeting - Learning and practising the basic concepts of creating a personal budget.
Term 4
All Around the World - Investigating the concepts, opportunities and challenges of trade (nationally and globally).
End of Year Activity - Money, Money, Money!
Subject and Associated Costs
Course Costs: Nil.
Associated Costs: Approximately $20.00 Set up costs for Market Day – this will be determined by the product the group chooses to make, and how the groups decide to fund their product.
WEB87, Rendered 2.91MB in 0.0434 seconds with 19 queries.
