Year 9 and 10 Commerce students have started the term with an engaging simulation activity where they were assigned roles as either consumers or businesses. Consumers aimed to purchase as many goods and services as possible within a set time, while businesses worked to generate a return on the $1000 they were given to start the game. The purpose of this activity was to help students understand how money flows and circulates within an economy.

Following the simulation, students connected their experience to the economic theory of the Circular Flow of Income, a key concept in this term’s unit of work on the Economic and Business Environment. Their participation and enthusiasm were exemplary, sparking thoughtful discussions on the relationships between households, businesses, and governments in an economy. We look forward to further exploring how these concepts apply to real-world economic issues and decision-making throughout the term.

Karla Croake | Commerce Teacher