Year 10 Business, Economics & Accounting

Business Economics and Accounting (BEA) is a combined introductory course that sets out a pathway to the individual disciplines of Commerce, Business Studies, Economics and Accounting. The course teaches students how organisations are managed through the decisions they make, recording of financial data and how they are formed, run and respond to external local and international influences.

Students are taught concepts and ideas, through real world examples and case studies that enrich the students' understanding of the world around them.

The Economics and Business sections are delivered through Schoology.

By the end of the Business section students will be able to:

• identify business opportunities and describe the process of starting a small business
• understand management, marketing and production planning
• appreciate the legal and ethical responsibilities of running a business

By the end of the Economics section students will be able to:

• use the supply and demand model to show how prices are determined.
• explain types of income, welfare and taxes, and calculate income tax.
• make investment decisions related to bank deposits, kiwisaver, shares.

 By the end of the Accounting section students will be able to:

• process transactions using the accounting equation and the double-entry process through to preparing a trial balance
• prepare an Income Statement and Balance Sheet
• interpret a business's results and make recommendations