Money Management

What is this subject about?

In the Money Management elective students learn about the areas of Commerce such as:

• financial management, including the role of banks, financial risk and debt, consumer protection, taxation, and crypto currencies.
• the recording and reporting of financial information including budgeting, superannuation, and its implications for the future.
• the share market, including involvement in the ASX share-market game and the advantages and disadvantages of investing in shares.
• the aims and risks of property investment, including how interest rates are set and change.

Why might I be interested in this elective?

This elective would interest students who:

• are keen to learn more about money and finance, stock markets and shares, financial literacy such as personal financial management and informed decision making.
• like to think about consumer behaviour and choices that businesses make.
• like to weigh up financial risks and benefits to inform their own money management and that of others, including companies and nations.
• have an interest in pursuing commerce pathways into their VCE and beyond.

How will I demonstrate my learning?

• Short Answer and/or Case Study tests.
• Research tasks regarding real world financial systems and decisions.
• Participating in and reflecting upon your involvement in the ASX Share-market game.

Possible VCE Pathways in this Learning Area

Note - there are no Year 9/10 Elective pre-requisites for students to undertake the VCE courses listed below. These are suggested pathways only.