Year 6 Economics and Business standard elaborations DRAFT A B C D E The folio of student work has the following characteristics: Understanding and skills dimensions Knowledge and understanding comprehensive description of why choices about the allocation of resources involve trade-offs detailed description of why choices about the allocation of resources involve trade-offs description of why choices about the allocation of resources involve trade-offs identification of trade-offs in the allocation of resources statements about the allocation of resources comprehensive description of the effects of consumer and financial decisions on themselves, others and the environment detailed description of the effects of consumer and financial decisions on themselves, others and the environment description of the effects of consumer and financial decisions on themselves, others and the environment description of aspects of the effects of consumer and financial decisions on themselves, others and the environment statements about the effects of consumer and financial decisions identification and explanation of the: purpose of business different ways that businesses choose to provide goods and services identification and description of the: purpose of business different ways that businesses choose to provide goods and services identification of the: purpose of business different ways that businesses choose to provide goods and services identification of aspects of the: purpose of business different ways that businesses choose to provide goods and services statements about the: purpose of business ways business provide goods and services Questioning and researching development of questions and collection, sorting and considered use of data and information from different sources to effectively an economic or business issue development of questions and collection, sorting and informed use of data and information from different sources to effectively an economic or business issue development of questions and collection, sorting and use of data and information from different sources to an economic or business issue development of questions and collection and use of aspects of data and information to an economic or business issue use of questions and use of aspects of data and information related to an economic or business issue
Understanding and skills dimensions Analysing and interpreting identification and explanation of the advantages and disadvantages of a proposed response to an issue and considered application of economics and business knowledge and skills to everyday problems identification and description of the advantages and disadvantages of a proposed response to an issue and informed application of economics and business knowledge and skills to everyday problems identification of the advantages and disadvantages of a proposed response to an issue and application of economics and business knowledge and skills to everyday problems identification of aspects of the advantages and disadvantages of a proposed response to an issue and partial application of economics and business knowledge and skills to everyday problems statements about a response to an issue and use of aspects of economics and business knowledge and skills identification and explanation of the possible effects of their decisions identification and description of the possible effects of their decisions identification of the possible effects of their decisions identification of aspects of the possible effects of their decisions statements about possible effects of decisions Communicating purposeful presentation of findings using appropriate formats (texts) and relevant economics and business terms. effective presentation of findings using appropriate formats (texts) and relevant economics and business terms. presentation of findings using appropriate formats (texts) and economics and business terms. partial presentation of findings using formats (texts) and everyday language. fragmented presentation of findings using everyday language. Key Shading emphasises the key aspects of the achievement standard and qualities that discriminate between the A–E descriptors. Key terms are described overleaf.