Year 10 Business Studies

Subject Overview

Term 1
Decision Making (written assignment)
• Students learn how to utilise a decision-making model in order to make informed decisions, taking into account their values.
Accounting (test at the end of the unit)
• Understand and analyse transactions which businesses face.
• Prepare income statements and statements of financial position by identifying income, expenses, assets and liabilities that businesses have.

Term 2
Economics (test at the end of the unit)
• Students learn about the economic problem and how scarcity results in choices with an opportunity cost.
• Understand the circular flow model and how households and producers rely on each other.
• Study how markets work by learning about demand, supply and ultimately how prices and quantities are determined.
Financial Literacy (quizzes throughout the unit)
• Understand the function of bank accounts and interest rates.
• Understand how debit and credit cards work.
• Students will learn how to prepare a CV.
• Understand the financial responsibilities and consequences of a student loan.
• Review a payslip to understand income-related calculations.
• Understand the function of Kiwisaver and assess various investment strategies.
• Understand how renting and owning a property works.

Term 3
Financial Literacy (quizzes throughout the unit)
• Learn the different facets of a budget, including income, expenditure, surpluses and deficits.
• Understand the function of insurance.
Enterprise (group project)
• Students develop their own product and business plan. This will include the development of personal skills around enterprise, financial literacy, teamwork, promotion and communication.

Term 4
Enterprise (group project)
• Students will prepare and sell their product in a school market environment.
Financial Literacy (quizzes throughout this topic)
• Learn about the stock exchange and how investment decisions could be made.