The aim of economics is to develop students' knowledge, understanding, skills, values and attitudes for effective economic thinking that contributes to socially responsible, competent economic decision-making in a changing economy.
The preliminary course is essentially micro-economic in nature, focusing on aspects of the economic behaviours of consumers, business and governments. Much of this behaviour is influenced by the operation of markets. Two key markets, the labour market and the financial market are examined in detail.
The preliminary course provides an essential foundation for the higher school certificate course.