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Economics and Business Educators 2021 Events Calendar
Click here to see the Economics and Business Educators 2021 Events Calendar (as at 22 May 2021).
Join EBE NSW
To apply to become a new member of EBE NSW, please visit the EBE NSW Membership Portal here.
Click here for the "Benefits of EBE NSW Membership" flyer.
Teaching the Preliminary Course (Year 11) in Economics for the first time?
Date: Tuesday 23 November 2021 - 4.25pm – 6.45pm
Venue: Online via Zoom
Presenter: Nicholas Ward - Head Teacher - Human Society and its Environment (HSIE) at Cherrybrook Technology High School and EBE NSW Director
This course has been designed specifically for:
- beginning teachers and experienced teachers who are teaching the preliminary course (Year 11) in Economics for the first time.
- teachers who may have already taught the preliminary course (Year 11) in Economics in the past but who need a refresher course.
- teachers who intend to teach the preliminary course (Year 11) in Economics in the near future.
- Economics student teachers.
This course will focus on the NSW Education Standards Authority (NESA) Economics Preliminary (Year 11) syllabus and cover:
- effective teaching and learning strategies designed to engage students, based on the current NESA syllabuses.
- assessment procedures and techniques.
- useful teaching and learning resources.
2021 EBE NSW Trial HSC Examinations order form available
The order form for the 2021 EBE NSW Trial HSC Business Studies, Economics and Legal Studies examination papers is now available. Relevant past papers are also available for purchase. The examination papers have been designed by EBE NSW Directors and include marking guidelines. Special discount prices apply to members of EBE NSW.
>> Order form for 2021 EBE NSW Trial HSC examination papers
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Announcement from the EBE NSW President about the 2021 EBE NSW Annual Conference and online 2020 HSC examination review sessions
This year the EBE NSW Annual Conference Organising Committee had organised an exciting 2021 EBE NSW annual conference which was to be held at UTS on Friday 23 July 2021 with one of our keynote speakers being the Governor of the Reserve Bank of Australia, Philip Lowe. Unfortunately the Sydney COVID-19 lockdown meant we could not hold the conference. We were hoping to hold it at a later date this year but this will now not be possible given the extended lockdown period. Planning will soon begin for our 2022 professional development program and this will include an annual conference where members will be able to gather together and engage in professional learning across the subjects we represent and support at what is the peak conference for Economics, Business Studies, Legal Studies and Commerce teachers in NSW.
All 2021 EBE NSW annual conference registration fees that had been paid will be refunded to attendees.
We have been able to organise some of the 2020 HSC examination review workshops which were part of the 2021 EBE NSW annual conference program to occur online. See details below. We hope you can attend these workshops if they will be useful for you.
Regards,
Joe Alvaro
President - Economics and Business Educators NSW
www.ebe.nsw.edu.au
Review of Last Year’s NESA HSC Business Studies Examination (Sections III and IV – Extended Response Questions) – Implications for Teaching and Learning
Date: Monday, 11 October 2021
Time: 3:55pm - 6:00pm
Venue: Online via Zoom
Course flyer: Click Here
Registration: Click Here
Review of Last Year’s NESA HSC Economics Examination – Implications for Teaching and Learning
Date: Tuesday, 12 October 2021
Time: 3:55pm - 6:00pm
Venue: Online via Zoom
Course flyer: Click Here
Registration: Click Here
Review of Last Year's NESA HSC Business Studies Examination (Section II – Short Answer Questions) – Implications for Teaching and Learning
Date: Wednesday, 20 October 2021
Time: 4:25pm - 6:30pm
Venue: Online via Zoom
Course flyer: Click Here
Registration: Click Here
EBE NSW Professional Development Course
Engagonomics -
How can we support peer collaboration, in-person and online, through deliberate design?
Date: Thursday, 21 October 2021
Time: 5:55pm - 7:00pm
Venue: Online via Zoom
Course flyer: Click Here
Registration: Click Here
2021 Reserve Bank of Australia Teacher Immersion Event
The 2021 Reserve Bank of Australia Teacher Immersion Event will be held on Tuesday, 16 November 2021 This professional learning event provides an excellent opportunity for secondary school Economics teachers across Australia to expand their knowledge of current economic issues and deepen their understanding of economic concepts. The event will feature short addresses by the Governor, Deputy Governor and Chief Economist, along with other senior economists from the RBA, and there will be opportunities to ask questions. Due to COVID-19, this year's event will be held online via Zoom. In order to ensure that the event is interactive, places will be capped. For teachers who are unable to attend live, the event will be recorded and made available on the Bank's website.Date: Tuesday 16 November 2021
Time: 9.45am - 2.30pm
Venue: Online via Zoom
Cost: Free
More information:
https://www.rba.gov.au/education/professional-development/teacher-immersion-series/teacher-immersion-2021.html
Latest resources from the Reserve Bank of Australia
New Explainer: NAIRU
In response to teacher requests, the RBA has created a new Explainer covering the Non-Accelerating Inflation Rate of Unemployment (NAIRU). It explores what the NAIRU is, why it is important and what determines its level.
Economic Update video
A recording of the recent Economic Update webinar for senior high school students is now available on the Videos page. The talk covers the latest developments in the Australian economy and features Rachael Fitzpatrick and chief economist Luci Ellis.
2021 EBE NSW Annual Conference - Shifting Ideas: Negotiating the Future for Economics, Business and Law Educators
Date: Friday 23 July 2021
Venue: Dr Chau Chak Wing Building, at the University of Technology Sydney
Economics and Business Educators NSW invites you to the 2021 EBE NSW Annual Conference, which will be held at the Dr Chau Chak Wing Building, at the University of Technology Sydney on Friday 23 July 2021.
KEYNOTE SPEAKERS
Philip Lowe
Philip Lowe is Governor of the Reserve Bank of Australia. Mr Lowe holds a PhD from the Massachusetts Institute of Technology and a B.Comm (Honours) in Economics/Econometrics from the University of New South Wales. He has authored numerous papers, including on the linkages between monetary policy and financial stability. He commenced as Governor on 18 September 2016. He is Chair of the Reserve Bank Board and Payments System Board, and Chair of the Council of Financial Regulators. He is a member of the Financial Stability Board. Prior to his current role, he held the positions of Deputy Governor, Assistant Governor (Economic) and Assistant Governor (Financial System). He also spent two years at the Bank for International Settlements working on financial stability issues. Mr Lowe is Chair of the Financial Markets Foundation for Children and a director of The Anika Foundation. He is also Chair of the Committee on the Global Financial System of the Bank for International Settlements.Mr Lowe is a signatory to The Banking and Finance Oath.
Rami Ykmour - The Unorthodox Entrepreneur – navigating the economic and legal challenges of COVID to achieve business success.
Rami Ykmour is a successful Australian entrepreneur, who has established multiple food and hospitality businesses, as well as his own personal brand. Rami is best-known for his restaurant chain RASHAYS®, which operates 30+ locations on the east coast of Australia. His business portfolio also features hospitality services and supplier Ruomky Business Enterprises (which includes food manufacturing facility, Ruomky), and in 2020 expanded to include GUEST GUARD® (modular customer protection screens), offering practical solutions to keep hospitality businesses afloat during the challenges of the COVID-19 pandemic and subsequent shutdowns. Following an increase in his media profile in early 2020, Rami launched his own personal brand, Rami Ykmour, across a wide range of social media channels. He has also launched the I AM RAMI Podcast. Rami uses both channels to give professional advice to aspiring entrepreneurs, and other established business leaders alike.
>> Visit the 2021 EBE NSW Annual Conference website for further information and registration details
Recording of the Reserve Bank of Australia (RBA) Student Webinar -Monetary Policy and Current Economic Conditions (12 October 2020)
The recording of the Reserve Bank of Australia (RBA) student webinar, "Monetary Policy and Current Economic Conditions" (12 October 2020) is now available. Senior Economist, David Lancaster, provides an overview of monetary policy and current economic conditions as at 12 October 2020.
Click here for the recording:
Economics and Business Educators NSW is a member of the Reserve Bank of Australia Educators Advisory Panel:
https://www.rba.gov.au/education/about-the-program/educators-advisory-panel.html
Feedback about resources from the RBA is welcome.
Please email feedback to admin@ebe.nsw.edu.au
Recording of webinar - "The Reserve Bank's Policy Actions and Balance Sheet" with Guy Debelle, Deputy Governor of the Reserve Bank of Australia held on 30 June 2020
The recording of the webinar titled "The Reserve Bank's Policy Actions and Balance Sheet" with Guy Debelle, Deputy Governor of the Reserve Bank of Australia, held on 30 June 2020 ( to which Economics teachers and students were invited) is now available on the RBA website. The webinar can be found here:
>> https://rba.gov.au/speeches/2020/sp-dg-2020-06-30.html
Resources from the Reserve Bank of Australia to help Economics teachers discuss the May, 2020 Labour Force Statistics
The Australian Bureau of Statistics has released the May, 2020 Labour Force Statistics:
>> https://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0?opendocument&ref=HPKI
These data provide an opportunity for rich classroom discussions about labour market concepts and current conditions. To support such engagement, the Reserve Bank (RBA) has developed a number of resources that may be incorporated into lesson plans. Please see below.
Video Explainer: The Labour Market and Unemployment
The RBA has brought to life it’s popular Explainers series with a video presented by Economist Gigi Lovicu. Gigi talks students through the groups in the labour market and types of unemployment, relating this to the current conditions in Australia.
Explainer: Unemployment: Its Measurement and Types
This Explainer outlines how the unemployment rate is measured and describes the main types of unemployment.
Video: Recent Developments in the Labour Market
In this video recording of a recent RBA teacher professional development webinar, Head of Prices, Wages and Labour, Natasha Cassidy, discusses the effect of COVID-19 on the Australian labour market as at 25 May 2020.
Economics, Business Studies and Legal Studies: A teacher professional learning tour of East Coast USA
Dates: To be announced
Academy Travel, in conjunction with Economics and Business Educators NSW, is delighted to present an outstanding professional development opportunity for teachers of Economics, Business Studies, Legal Studies and Commerce.
The itinerary begins in Washington DC, where teachers will tour key government organisations and significant landmarks. Continuing to New York City, participants will explore the Financial District, international law and order, and the world of commerce.
In addition, the itinerary includes a series of guided tours and site visits with experts. There is also time at leisure for sightseeing, shopping and exploring.
>> Further details, including a detailed itinerary
2021 Business Educators Australasia Plan Your Own Enterprise (PYOE) Competition
The Business Educators Australasia Plan Your Own Enterprise Competition (PYOE) encourages secondary school students to apply their business education to a real life scenario. Working individually or in small groups, participants are asked to devise a creative enterprise idea and submit a business plan, explaining how their great idea could become a profitable business.
For teachers, the competition is a valuable tool to enhance the business education curriculum and support them as they develop the next generation of business leaders. For students, it helps to build valuable work and life skills. The competition requires business insight, practical financial skills and a creative flair for problem solving.
Economics and Business Educators NSW runs the competition in NSW. To enter, students need to devise a creative enterprise idea and submit a 3500 word business plan, explaining how their great idea could become a profitable business. The competition has two divisions with fantastic prizes up for grabs:
- Division one – Open to individual student entries, submitted by students of any age, attending a registered secondary school.
- Division two – Group entries (maximum of six students), submitted by students of any age, attending a registered secondary school.
NSW entries are due by Friday 10 September 2021 (Term 3, Week 9). Post entries to Nicholas Ward, NSW PYOE Competition Coordinator, Economics and Business Educators NSW (EBE NSW), PO Box 699, Lidcombe NSW 1825. The top ten Division 1 and top five Division 2 entries will be invited to the NSW PYOE Award Ceremony in the September school holidays. All students who enter the competition receive a certificate and first, second and third in each division will win cash prizes and a prize for their school.
The winner from each division from each state and territory in Australia will proceed onto the National Awards Ceremony where the national winners will be announced.
This competition can be incorporated into assessment tasks for both Commerce and Business Studies. Click here for a sample assessment task. Email EBE NSW if you would like a Microsoft Word version of the sample assessment task.
Amanda Ritter has developed a unit of work based on the PYOE Competition which can be accessed here. The PYOE Competition could form the content for a Commerce "school - developed option" (see pages 48 and 49 in the NSW Education Standards Authority Commerce Year 7 - 10 Syllabus).
>> Full details are available in the 2021 PYOE competition brochure.
See the article available to EBE NSW members - “Student2Student: How to Overcome the Pitfalls of Business Planning" by Sarah Matthias (Division 1 Winner of CPA Australia Plan Your Own Enterprise Competition 2016) in “The EBE Journal – Journal of the Economics and Business Educators NSW” – Issue 2, 2016.
There is no cost to enter the competition.
2019 EBE NSW Plan Your Own Enterprise Competition NSW Awards Ceremony – 19 September 2019
Economics and Business Educators NSW (EBE NSW) recognised the NSW Plan Your Own Enterprise (PYOE) winners at the annual NSW awards ceremony on 19 September 2019 at Chartered Accountants Australia and New Zealand – Level 9, 33 Erskine Street, Sydney, NSW. At the ceremony, prizes and certificates were awarded to the NSW student winners and their schools. Parents were in attendance to celebrate the success of their child, as well as teachers. Congratulations to the following winners and their teachers from NSW:
- Division 1 (Individual entry)
Student: Parivash Nadeem
School: Unity Grammar
Business Plan: The Fruit Circus
Teacher: Ms Khair
- Division 2 (Group entry)
Students: Ishwary Ramjeevan, Maddisen Strauss and Mariam Yassin
School: MLC School
Business Plan: ADN Tech
Teacher: Mr Wijanto
Thank you to all the students who entered the competition this year and the teachers who inspired and encouraged their students to enter this prestigious competition. Each student who participated received a Certificate of Participation.
Thank you to the students, their families and teachers for attending the NSW Awards Ceremony.
Thank you to EBE NSW Director, Nicholas Ward, for taking on the role of PYOE NSW Coordinator in 2019 and for all his time and effort in ensuring the competition in NSW was a success.
| 2019 PYOE NSW Competition Finalists | |
Division One Student: Tae Woo Lyoo Student: Parvathi Sanjeev Student: Natali Pavlovic Student: Tom Irwin Student: Colina Zhang Student: Han Luc Student: Raquel Mezrani Student: Sereen Ali Student: Parivash Nadeem Student: Cerise Bootsma The prizes for the Division 1 NSW finalists were: 1st place - iPad Mini for the student and $200 Dymocks voucher for the school. |
Division Two Students: Ishwary Ramjeevan, Maddisen Strauss
and Mariam Yassin Students: Annabel Harvey, Samuel Johnston,
Jayden Kotevski and Zali Moore Students: Crystal Cheng and Shu-Han Lee Students: Hellen Wang and Ramona Zheng Students: Charlotte Drury, Hannah Foote,
Charlotte McCaffrey-Moors & Kate Rutledge The prizes for the Division 2 NSW finalists (1st, 2nd and 3rd) were: 1st Place - $150 cash per student and $200 Dymocks voucher for the school.
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Congratulations to all the winners. Be sure to incorporate the PYOE competition into your Commerce and/or Business Studies teaching and learning program in 2020.
From left to right: Nicholas Ward (2019 PYOE NSW Coordinator), Parivash Nadeem (NSW Division 1 PYOE Competition Winner) and Joe Alvaro (EBE NSW President)
From left to right: Roset Khair (Teacher of NSW Division 1 PYOE Competition Winner) , Parivash Nadeem (NSW Division 1 PYOE Competition Winner) and Joe Alvaro (President - Economics and Business Educators NSW) at the 2019 NSW PYOE Awards Ceremony
2019 NSW PYOE Competition Finalists with 2019 PYOE NSW Coordinator Nicholas Ward (far left) and EBE NSW President Joe Alvaro (far right) at the 2019 EBE NSW PYOE NSW Awards Ceremony
2019 EBE NSW PYOE NSW Awards Ceremony
PYOE Competition finalists speaking about their business plan at the 2019 EBE NSW PYOE NSW Awards Ceremony
Networking at the 2019 EBE NSW PYOE NSW Awards Ceremony
Networking at the 2019 EBE NSW PYOE NSW Awards Ceremony
PYOE Competition finalists speaking about their business plan at the 2019 EBE NSW PYOE NSW Awards Ceremony
2019 PYOE NSW Coordinator Nicholas Ward (left) and EBE NSW President Joe Alvaro (right) at the 2019 EBE NSW PYOE NSW Awards Ceremony
2019 Business Educators Australasia (BEA)Plan Your Own Enterprise (PYOE) Competition National Division Winners
Congratulations to the following students who are the national winners of the 2019 Business Educators Australasia (BEA) Plan Your Own Enterprise (PYOE) Competition.
- Division 1 (Individual entry)
Student: Lily Fisher
School:St Michael’s Collegiate School, Tasmania
Business Plan: Freycinet Bike Hire
2019 BEA PYOE Competition National Division 1 Winner – Lily Fisher
- Division 2 (Group entry)
Students: Hugo Hemmings and Ethan Medwin
School: The Hutchins School, Tasmania
Business Plan: Burr Parking
2019 BEA PYOE Competition National Division 1 Winners - Ethan Medwin (left) Hugo Hemmings (right)
EBE NSW congratulates the 2019 PYOE national winners.
NSW Curriculum Review
On 13 May 2018, the NSW Premier Gladys Berejiklian and Minister for Education Rob Stokes announced that NESA (NSW Education Standards Authority) will undertake a review of the NSW curriculum to ensure it equips students to continue to contribute to Australian society into the 21st century. NESA has engaged Professor Geoff Masters, CEO of the Australian Council for Educational Research (ACER) to lead the review.
>> EBE NSW has made a submission to the Review. Read the submission here.Submission to NSW Education Standards Authority (NESA) – Re 2018 NESA Draft Commerce Syllabus
EBE NSW has made a submission to the NSW Education Standards Authority (NESA) re the 2018 NESA Draft Commerce Syllabus.
>> Read the submission here.
NESA Draft Commerce Syllabus
The current Commerce syllabus was last revised in 2003. The NSW Education Standards Authority (NESA) has released a draft Commerce syllabus.
>> The draft NESA Commerce syllabus can be found here
>> The “Commerce Years 7-10 draft syllabus summary of changes” can be found here
Have your say on the draft Commerce syllabus by completing a survey, attending a consultation meeting, and/or submitting a written response to the project manager. Consultation will be open from 23 July 2018 to 2 September 2018.
>> More information can be found here
Economics and Business Educators NSW will be making a submission about the draft Commerce syllabus and members are encouraged to contribute to the submission by sending their comments about the draft Commerce syllabus to admin@ebe.nsw.edu.au.
Some questions to consider:
- What are the strengths of the syllabus?
- What are the challenges of the syllabus?
- Is there enough balance between economics, business, law, consumer and financial literacy and civics and citizenship subject matter?
- Considering the Commerce syllabus was last revised in 2003, to what extent is the current syllabus relevant to today's changing commercial environment and contemporary teaching and learning ?
- What do you think about the content from the Australian Curriculum, Assessment and Reporting Authority (ACARA) Australian Curriculum: Economics and Business and the ACARA Australian Curriculum:Civics and Citizenship to develop the draft Commerce syllabus?
EBE NSW made a submission to NESA when the review of the Commerce syllabus was
announced in 2017.
>> Read the submission here
The Reserve Bank of Australia (RBA) also made a submission during this period – read their submission here.
In response to the draft Commerce syllabus, the RBA has made a “Supplementary submission to NESA Review of Commerce Years 7 – 10 Syllabus”.
>> This submission can be found here
Latest issue of “The EBE Journal - Journal of the Economics and Business Educators NSW” (Issue 2, 2017) now available
The latest issue of The EBE Journal - Journal of the Economics and Business Educators NSW (Issue 2 — 2017) is now available in the members section of the website. EBE members must login to access the latest EBE Journal. Past issues of "The EBE Journal" are also in the members section.
Contents
- President’s Report
- EBE NSW News
- 2017 EBE NSW Annual Conference - New Frontiers: Economics and Business Education in an Era of Innovation
- Report by Elizabeth Perry, 2017 EBE NSW Annual Conference Rural Grant Recipient, The Rivers Secondary College, Richmond River High Campus - 2017 EBE NSW Annual Conference - New Frontiers: Economics and Business Education in an Era of Innovation
- Report by Daniel Benjamin, 2017 EBE NSW Annual Conference Rural Grant Recipient, Sapphire Coast Anglican College, Bega - Business Case Study: Ecto Handplanes - Cheryl Brennan
- Case Study: Nahji Chu, Queen of Rice Paper Rolls - Mai Ni Pham
- Developing Deep, Authentic Learning Experiences in Economics - Matt Robinson
- A student from Quilpie in South West Queensland wins National 1st in the ASX Schools Sharemarket Game (Game 2, 2017) - Amanda Mior
- PYOE Competition 2017 – Winning NSW Division 1 entry
- Yesterday news and Breaking news: Using media file templates to help students unpack all sorts of news - Mai Ni Pham
- Should we do away with exams altogether? No, but we need to rethink their design and purpose - The Conversation, December 1 2016
- Getting students to put their legal knowledge into practice to demonstrate understanding - Mai Ni Pham
- What is race? - Olivia Bui
- Submission to Australian Securities and Investments Commission (ASIC): National Financial Literacy Strategy Consultation 2017 (October 2017) from Economics and Business Educators NSW
- NSW Education Standards Authority 2017 Consultation Draft NSW Supplementary Documentation: Subject Content Knowledge Requirements (Revised) - Submission from Economics and Business Educators NSW
- Open Letter from 25 Teacher Associations supports copyright
- Submission to NSW Education Standards Authority (NESA) regarding the review of the Commerce Syllabus from Economics and Business Educators NSW
- President’s Report to the 2017 Economics and Business - Educators NSW Annual General Meeting (11 December 2017)
- Economics and Business Educators NSW Financial Statements for the year ended 30th June 2017
- Economics and Business Educators NSW Financial Statements for the year ended 30th June 2016
Back issues of the "The EBE Journal - Journal of the Economics and Business Educators NSW" are also available in the members section of this website and contain useful teaching and learning resources.
