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20602_AC_Economics_and_buisness_Year_6_Making_choices_about_resources

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Self-assessment<br />

Name:<br />

1. After completing the ‘<strong>Making</strong> <strong>choices</strong> <strong>about</strong> <strong>resources</strong>’ section of the book,<br />

(a) add a tick to the box if you now underst<strong>and</strong>:<br />

• how <strong>and</strong> why trade-offs are made<br />

• the meaning of opportunity cost<br />

• how people might make decisions <strong>about</strong> using <strong>resources</strong><br />

• how communities <strong>and</strong> businesses make decisions <strong>about</strong> using <strong>resources</strong><br />

• how <strong>resources</strong> can be allocated by federal governments<br />

(b) mark the scale to show how well you underst<strong>and</strong> the meaning of ‘making <strong>choices</strong> <strong>about</strong><br />

<strong>resources</strong>’.<br />

0 10<br />

Not very well<br />

Extremely well<br />

2. In the table, write the things you already knew <strong>about</strong> making <strong>choices</strong> <strong>about</strong> <strong>resources</strong> <strong>and</strong> the<br />

new things you learnt by completing the activities in the book.<br />

Things I already knew<br />

New things I learnt<br />

3. Give your opinion on the importance of underst<strong>and</strong>ing the idea of making <strong>choices</strong> <strong>about</strong><br />

<strong>resources</strong>.<br />

R.I.C. Publications ® www.ricpublications.com.au Australian Curriculum <strong>Economics</strong> <strong>and</strong> business (<strong>Year</strong> 6) 23

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