FORWARD PLANNING DOCUMENT

Year Level: 7

Learning Area/Topic::

Business Studies

General Capabilities:
Literacy

Numeracy

ICT

Critical
and
Creative
Thinking

Cross-curriculum priorities:
Aboriginal and Torres Strait Islander histories and Cultures
Economics & Business
Knowledge & Understanding

Economics & Business

Skills

Why and how individuals
and businesses plan to
achieve short-term and longterm personal,
organisational and financial
objectives (ACHEK018)

Develop questions
about an economic or
business issue or
event, and plan and
conduct an
investigation or project
(ACHES021)

Lesson

3.1

Ethical Behaviour

Asia and Australias engagement with Asia

Teaching & Learning Experiences
(include Focus/Key questions)

Personal and
Social
Competence

Intercultural
Understanding

Sustainability
Resources and
Assessments
(type &
weighting)

Objectives: By the end of the lesson student are able to
define:
Assets
Liability
Owners Equity
Students will be able to identify how the purchase of their
first car falls into the Accounting Equation (A = L + OE).

Gather relevant data
Introduce Topic: YAY, Im buying my first car!
and information from a
range of digital, online Prior Knowledge: Students have previously created an
and print sources
ebook
(ACHES022)

Discuss: Teacher to present the Accounting Equation and
Interpret data and
how this relates to buying your first car, example used is as
information displayed
follows:
in different formats to
Asset is your first car, Liability is the amount you
identify relationships
need to borrow from the bank, Owners Equity is the
and trends
amount you have saved over the last few years.
(ACHES023)

Activity In groups of 3 (predetermined groups have mixed

abilities) students are to brainstorm 10 factors that need to
be considered when buying their first car. Below is a list of
items students should find/include (not limited to):
Savings in the bank
CD player
GPS
Reversing camera
Type of car
Loan from bank
Interest rates
Insurance
New versus Old
Manual versus Automatic
Age of car
Condition of car
Colour of car
Costs of servicing
Petrol versus diesel
Car registration
Parents permission (depending on age)
Cost of drivers licence

Focus Question: What is the starting point when deciding on
buying a car?

Class discussion: looking at your PADLET (taking into
consideration every ones ideas) which items would you
consider the most important when buying your first car

Review Objectives: Complete the quiz using Kahoot to
ensure the students understand each part of the basic
accounting equation. If students are unable to identify
(example Asset = Car, Liability = Bank/Car Loan, Owners
Equity = Savings or cash) further discussion on the topic.

PADLET






























Kahoot


Why and how individuals
and businesses plan to
achieve short-term and longterm personal,
organisational and financial
objectives (ACHEK018)

3.2

Assessment: eBook to be submitted at the end of term,
worth 25% of final grade

Homework: 3 sentences reflecting on the lesson and what
you found was important

Lesson Closure: Prior to class dismissal students embed
their PADLET into their ebook with a short summary
explaining the most important (top 5) points to consider.

Introduce the next lesson: Loans & Liabilities



Gather relevant data
Objectives: Students to understand liabilities and how
and information from a interest rates influence their buying power.
range of digital, online
and print sources
Introduce Topic: Oh no, I'm going to be in debt for the rest
(ACHES022)
of my life!


Generate a range of
Present: Students will be presented with a case study, which
alternatives in
will include the following details:
response to an

observed economic or
Identity (Name, Age)
business issue or
Amount of money in savings
event, and evaluate the
Part time job and weekly income
potential costs and
Cost of renting (if you have moved out of home)
benefits of each

alternative
Activity
(ACHES024)
Part 1: Students are to get back into their pre-assigned

groups (from prior lesson). Using the information provided in
their case study, they are to:
Apply economics and
1. investigate banks/money lenders,
business knowledge,
2. choose which one is suitable for them and why?
skills and concepts in
3. Determine how much money can be borrowed in

Book Creator


KidsBlog.com

Online Banking
Websites
(Repayment
calculators)

Snipping tool


The ways consumers and
producers interact and
respond to each other in the
market (ACHEK017)

3.5

familiar and new

terms of their income and repayments.
situations (ACHES025)
Part 2: Each student is to individually create a reflective blog
with their findings, including:
1. supporting evidence (e.g. snippets of the different
online bank assessments)
2. explanation as to their final decision as to who they
chose to take their loan out with,
3. why and how long will they be repaying the loan for?

Review Objectives: Using poll to gauge which bank/money
lenders students chose to go with. Discuss findings e.g. one of
the major banks or private money lender. Why do they think
this has happened?

Lesson Closure: Prior to class dismissal students are to
embed their blog into their ongoing ebook.

Introduce the next lesson: Car Insurance



Gather relevant data
Objectives: Identify marketing strategies used by companies
and information from a to change the perception of users with regards to their
range of digital, online products
and print sources
Introduce Topic: Buyer beware!
(ACHES022)
Interpret data and
information displayed
in different formats to
identify relationships
and trends
(ACHES023)

Apply economics and

Focus Question: How do car companies reach and influence

their target audience?
Discuss: The marketing strategies used by car companies to
reach the different target markets.
Prior knowledge: Students are to refer to Lessons 2 5 from
Term 1 Marketing and the 4 Ps

KidsBlog.com





Poll caste

Book Creator

business knowledge,
Activity: Students are to research 3 different advertisements
skills and concepts in
used by car companies.
familiar and new
situations (ACHES025) Using spider-scribe create a mind map (with a link to your 3
Advertisements) responding to the following questions:
1. How did the ads make you feel?
2. Who were the ads targeting?

Spider-Scribe

3. How effective do you feel was their strategy?

Video

4. List and rate their advantages and disadvantages of the ads

Review: Explain 3 different marketing strategies to gain

competitive advantage

3.9

Why and how individuals
and businesses plan to
achieve short-term and longterm personal,
organisational and financial
objectives (ACHEK018)

Apply economics and
business knowledge,
skills and concepts in
familiar and new
situations (ACHES025)

Present evidencebased conclusions
using economics and
business language and
concepts in a range of

Homework: 3 sentences reflecting on the lesson and what

you found was important

Lesson Closure: Embed your mind map into your eBook and
include a comment about how you will perceive marketing in
the future (e.g. more aware, try not to be influenced so easily)

KidsBlog.com

Objectives: Demonstrate how individuals manage finances
and plan in the short and long term to achieve financial
objectives

Introduce Topic: I know what Im talking about!

Focus Question: What are assets, liabilities and owners
equity?
Prior knowledge: Students have used iMovie program on

Book Creator

appropriate formats,
and reflect on the
consequences of
alternative actions
(ACHES026)

iPads, lessons 1 8 will be used in this class

Activity: Students are to create an iMovie sales pitch targeted
at their parents/guardians for a loan to buy their first car.


Students need to demonstrate their understanding of:
iMovie
repayments,

interest rates,

on-going expense,

include other important factors from prior lessons
Book Creator
Review: Did you demonstrate an understanding of short and
long term commitment?
Formal
Lesson Closure: Embed your iMovie into your eBook
Assessment:
eBook 25% of
Introduce the next lesson: opportunity to edit and
final grade
complete iMovie and ebook