Curriculum and Assessment Planner
Year 10 Economics
Note: This planner serves as an approximate guide to the subject material that will be taught and the assessments associated with this. Timings and the precise details of
assessments may vary to accommodate a class’ rate of progress and any unforeseen circumstances.
Weeks 1-8
Weeks 9-15
Weeks 16-26
Term 2
Term 1b
Term 1a
Topic
BASIC ECONOMIC PROBLEM,
DEMAND AND SUPPLY,
ELASTICITY, MARKET
EQUILIBRIUM
Length
(weeks)
8
Summary of Content
Assessment and % Weighting
Scarcity, unlimited wants, opportunity cost,
Shifts and movement in the demand curve, Price
mechanism and factors of production, Price
elasticity of demand, price elasticity of supply
Effect on revenue and profits, Equilibrium price
and quantity



25% Take/ class work and Quizzes
25% project work
50% ½ Term assessment
EXCHANGE, PRIVATE SECTOR
ORGANISATIONS, PRIVATE
SECTOR ORGANIZATION,
ECONOMIC SYSTEMS, MARKET
FAILURE
7
Barter & money, Sole trader, partnership, LTD’s,
Public limited companies, Co-operatives, Public
Sector & Nationalization and privatization,
Subsistence, Free market Planned & mixed,
Comparison of systems, Different types of
market failure, Social costs & benefits, Public
goods and merit goods, Externalities and use of
tax, Policies to correct market failure



25% Take/ class work and Quizzes
25% project work
50% ½ Term assessment
MARKET FAILURE, GOV
SPENDING & TAXATION,
SPECIALIZATION,
PRODUCTION & FIRMS,
PRODUCTION & FIRMS
12
Policies to correct market failure, Different
types of taxation, Division of labor &
Specialization, Costs – total, average, fixed and
variable, Average revenue and profit, Objectives
of firms, Integration & Economies of scale,
Capital Intensive, labor intensive, automation,
Perfect competition, monopolistic competition,
oligopoly, monopoly



25% Take/ class work and Quizzes
25% project work
50% ½ Term assessment
International School of Penang (Uplands)
Curriculum and Assessment Planner
Weeks 27-38
Term 3
Topic
LABOUR, TRADE UNIONS, END
OF YEAR WORK EXPERIENCE,
REVISION AND END OF YEAR
EXAM
Length
(weeks)
12
Summary of Content
Demand for labor, Supply of labor and price of
labor Incl. population & education impacts on labor
market, Reasons for wage differences, Reasons
for wage differences, Revisit economic rent and
transfer earnings, What a TU is and it’s
objectives, T.U. actions, Advantages &
Disadvantages of TUs
International School of Penang (Uplands)
Assessment and % Weighting



25% Take/ class work and Quizzes
25% project work
50% ½ Term assessment