Save the date - 2019 EBE NSW Annual Conference - Friday 28 June 2019 - Download flyer
   Order form for 2019 EBE NSW Trial HSC Examinations for Economics, Business Studies and Legal Studies now available. Order here
   Economics and Business Educators 2019 Events Calendar (as at 6 February 2019) now available. Click here
   Latest issue of The EBE Journal - Journal of the Economics and Business Educators NSW (Issue 2 - 2017) available here

Economics and Business Educators 2019 Events Calendar

Click here to see the Economics and Business Educators 2019 Events Calendar (as at 6 February 2019).

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.

Save the date - 2019 EBE NSW Annual Conference - Friday 28 June 2019

Educating the next wave of entrepreneurs by unlocking economics, business and legal minds.

Date:
Friday 28 June 2019
Time: 8.30am – 4.00pm

Venue:
UTS Business School Dr Chau Chak Wing Building 8
14-28 Ultimo Road, Ultimo NSW 2007

Registration:
Opens April 15 2019
Early Bird – Register & pay by 30 April 2019
$230 for EBE member
$349 for non members
$100 for concession

>> Download flyer

EBE NSW Professional Development Event - 2019 EBE NSW Economics Update Conference

Date: Friday 30 August 2019
Time: 8:30am - 3.30pm
Venue: CPA Australia, 3/111 Harrington St, Sydney NSW 2000

EBE NSW is excited to be running its annual Economics Update Conference on Friday 30 August 2019. Sponsored by CPA Australia, this course will provide Economics teachers with  up to date information and statistics. Each session has been specifically linked to syllabus content.

This event will be hosted at CPA Australia’s Sydney office in Harrington St, Sydney (5 minute walk from Circular Quay Railway Station). 

Morning Tea and Lunch will be provided. There are discounts for EBE NSW members. Rural EBE NSW members are invited to apply for a professional learning grant - more information is available on the conference program.

>> Further details
>> Register here

RBA Teacher Immersion Event – 2019

The Reserve Bank's third Teacher Immersion Event will be held on Friday, 21 June 2019. This event provides an excellent opportunity for secondary school Economics teachers from across Australia to expand their knowledge of current economic issues and deepen their understanding of economic concepts. The event is also an opportunity for teachers to engage in professional discussions with their peers and practicing economists, including the Bank's Ambassadors.

This one-day NESA-registered professional learning event is limited to 60 teachers, and is typically oversubscribed. For teachers unable to attend, the event will be recorded and made available on the Bank's website.

The Reserve Bank recognises the need to attract a diverse body of students to economics. To support teachers from a variety of school types and from across Australia, a limited number of rooms have been reserved for attendees from interstate and regional New South Wales to stay at the Bank's H.C. Coombs Centre. Please express your interest in staying at the Centre when registering for the event (a small fee applies).

Expressions of interest will be open from Monday 8 April 2019 until Monday 22 April 2019.

>> See event details, program and registration details here.

>> Resources from past RBA Teacher Immersion Events are availble here.

2019 HSC Economics and Business Studies Student Workshops

UTS Business School is hosting a series of workshops designed for year 11 and 12 students studying Economics and/or Business Studies on Wednesday 24 April 2019 from 1.15pm - 5.30pm. Developed in consultation with leading high school economics and business studies teachers from across NSW, each 1-hour session will be delivered by an expert in their field.

Following the conclusion of the workshop, UTS Business School will be hosting its Undergraduate Information Evening where you can explore the university's  Business, Economics, Management and Accounting options.

Venue:  University of Technology Sydney — Dr Chau Chak Wing Building

>> Futher details and registration details

2019 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 3000 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 Thursday 30 August 2019 (Term 3, Week 6) by 5pm. These will be marked, and finalists in both divisions will be invited to the NSW Awards Ceremony. At this awards ceremony, the winner in each division will be announced. The NSW Division One winner will receive an iPad mini 4 Wi-Fi 128GB (valued at $579). Certificates and other prizes will also be awarded.

National  judging will be based on the paper entry and will be conducted in October, 2019. Winners will be advised by end of October 2019.

This competition can be incorporated into assessment tasks for both Commerce (Option 11: Running a Business) and Year 11 Business Studies (Topic: Business planning). 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).

All students who enter the competition will receive a Certificate of Participation for their job portfolios.

>> Full details are available in the 2019 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.

2019 ASX Schools Sharemarket Game (2019 Game 1 begins on 7 March 2019 )

While you teach your students about investing and the Sharemarket, they can put into practice what they are learning by playing the Sharemarket Game. Students receive a virtual $50,000 they can invest over a 10 week period, in 200 companies listed on the ASX. The prices students buy and sell at are the same prices as they would get in the live market so this is as close to real life share trading as you can get.

As a result of playing the Game your students will:

  • Develop their knowledge of the sharemarket.
  • Learn how to research companies.
  • Discover the importance of wise investment decisions.
  • Gain a greater knowledge of economic and world events.
  • Begin to learn more about investing which is beneficial for their future.

2019 Game 1 begins on 7 March 2019 and ends on 15 May 2019.

There are teacher lesson plans and resources available once you register for the Game. Also see  the document - ASX Schools Sharemarket Game - How teachers integrate the Game into their lessons

There are reports about past winners (including strategies they used when playing the game)  in past editions of The EBE Journal - Journal of the Economics and Business Educators NSW. Economics and Business Educators NSW members can access the journals through the members section of the EBE NSW website.

>> Register your students here

2019 NSW Premier’s Teacher Scholarships for Commerce, Economics and/or Business Studies teachers

The NSW Premier's Teacher Scholarships  provide $10,000 or $15,000 for a five-week study tour within Australia or overseas.

The scholarships, funded by corporate supporters and private foundations, are open to teachers in NSW government and non-government schools, TAFE NSW campuses and early childhood centres. Scholarships are awarded in the year prior to the study tour.

The majority of scholarships are for school-based teachers to explore best practice in their chosen subject area. The program aims to deliver significant outcomes for scholarship recipients, students, teacher colleagues and school communities.

The NSW Premier’s Teacher Scholarships program is an initiative of the NSW Department of Premier and Cabinet and administered by the NSW Department of Education.

The two scholarships being offered to Commerce, Economics and/or Business Studies teachers are:

  1. Premier's Reserve Bank of Australia Economics Scholarship
    ($15,000)
  2. Premier's First State Super Financial Literacy and Capability  Scholarship
    ($15,000)

Applications for the 2019 NSW Premier's Teachers Scholarships close on 28 April 2019.

>> More information including past scholarship reports.

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

Economics, Business Studies and Legal Studies: A teacher professional learning tour of East Coast USA

Dates: 8th – 18th January, 2020 

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

2019 EBE NSW Trial HSC Examinations order form available 

The order form for the 2019 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 Directors and include marking guidelines. Special discount prices apply to members of EBE NSW.

>> Order form for 2019 EBE NSW Trial HSC examination papers

The Sydney Morning Herald HSC Study Guide 2018

Click here for the 2018 HSC Study Guide from The Sydney Morning Herald, including study tips for the NSW Education Standards Authority (NESA) HSC Economics, Business Studies and Legal Studies examinations.

View the video, "Make the right choice in your Business Studies exam", presented by EBE NSW Vice-President Mai Ni Pham, where four tips for writing an extended response in Section IV of the NESA HSC Business Studies examination are discussed.

EBE Journal Issue 2 2017Latest 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.

Professional Teachers' Council NSW Media Release - "Celebration of Excellence" (27 October 2017)

EBE NSW congratulates all the recipients of the 2017 Professional Teachers' Council NSW Outstanding Professional Service Awards and the 2017 Professional Teachers' Council NSW Outstanding Beginning Teacher Awards. Congratulations to EBE NSW Director Nicholas Ward who has received a 2017 Professional Teachers' Council NSW Outstanding Beginning Teacher Award.

Compass: The Staffroom - Part 1, Part 2 and and Part 3 (ABC Television) has received the 2017 Professional Teachers' Council NSW Media Award.

>> Full details in  the Professional Teachers' Council NSW Media Release - Celebration of Excellence (27 October 2017) which can be accessed here.

2017 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony – 27 September 2017

EBE NSW  recognised the Plan Your Own Enterprise (PYOE) NSW winners at the annual NSW awards ceremony on 27 September 2017  at the Sydney office of CPA Australia together with Mr Robert Krzton (Relationship Manager) and Mr Rupen Malouf (Relationship Manager) from CPA Australia. 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)
    Lucy Beer from Loreto Normanhurst for her business plan, “The Japantry” ( a copy of this business plan is included in “The EBE Journal – Journal of the Economics and Business Educators NSW” - Issue 2, 2017)
    (Teacher: Mr Anthony Tassone)

  • Division 2 (Group entry)
    Liam Heng, William Kuang, David Tsai, Leo Wang from Sydney Boys High School for their business plan, ParCar (a copy of this business plan is included in “The EBE Journal – Journal of the Economics and Business Educators NSW” - Issue 2, 2017)
    (Teacher: Mr Tom Dolan)

2017 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony
2017 PYOE Competition NSW Division 1 winner, Lucy Beer (centre) with her teacher Anthony Tassone (left) and EBE NSW President, Joe Alvaro (right) at the 2017 NSW Awards Ceremony

2017 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony
From left to right: Mr Tom Dolan (Teacher of Division 2 winners) , David Tsai, William Kuang, Leo Wang, Liam Heng (Division 2 winners) and EBE NSW President Joe Alvaro at the 2017 NSW PYOE Awards Ceremony

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 signed by Mr Jim Dickson FCPA, Director CPA Australia and Mr Tony Kuc, President Business Educators Australasia.

Thank you to the students, their families and teachers for attending the presentation at the CPA Sydney Head Office.

Thank you to EBE NSW Director, Nicholas Ward, for taking on the role of PYOE NSW in 2017 and for all his time and effort in ensuring the competition in NSW was a success.

2017 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony
EBE NSW Director Nicholas Ward, 2017 PYOE NSW Coordinator at the 2017 PYOE NSW Awards Ceremony

2017 EBE NSW CPA Plan Your Own Enterprise Competition NSW Awards Ceremony
2017 PYOE NSW Finalists at the 2017 NSW Awards Ceremony

2017 PYOE NSW Competition Finalists

Division One

Student: Bianca Bader
Business Plan: Uniquify Me
School: Meriden School
Teacher: Sharna Kershaw

Student: Lucy Beer
Business Plan: The Japantry
School:  Loreto Normanhurst
Teacher: Anthony Tassone

Student: Marcus Borcuz
Business Plan: Recovry
School: Sydney Boys High School
Teacher: Tom Dolan

Student: Naisha Chauhan
Business Plan: Patiently Care
School: Gymea Technology High School
Teacher: Thuy Le

Student: Gabriel Katzeff
Business Plan: Smart Chair
School: Masada College
Teacher: Robyn Grana

Student: Amy Pham
Business Plan: Allerfriendly
School: Fort Street High School
Teacher: Caroline Jerrems

Student: Crystal Pham
Business Plan: In The Hype
School: Fort Street High School
Teacher: Caroline Jerrems

Student: Katrina Pincaro
Business Plan: From Head To Toe
School:  Hurlstone Agricultural High School
Teacher: Elizabeth Johnson

Student: Caitlin Rigby
Business Plan: Real Deal Conveyancing
Killarney Heights High School
Teacher: Emma Higgs

Student: Max Tosello
Business Plan: Green Vogue
School: Fort Street High School
Teacher: Caroline Jerrems

Division Two

Students: Dawei Wu, Oliver Xu
Business Plan: Passionne Digital

School: Sydney Boys High School
Teacher: Mr Tom Dolan

Students: Kevin Liao, Brian Pham, Simon Tang, Daniel Zilberman, Derek Liu
Business Plan: CVerify
School: Sydney Boys High School
Teacher: Mr Tom Dolan

Students: Liam Heng, William Kuang, Leo Wang, David Tsai
Business Plan: ParCar
School: Sydney Boys High School
Teacher: Tom Dolan

Students: Andrew Huynh, Stephen Knight, Wendy Ly
Business Plan: Parfait Styling

School: Regents Park Christian School
Teacher: Michael Hammonds

Students: Lachlan Narker, Jack Seabrooke
Business Plan: Telecode

School: Shore
Teacher: Ben Ronald

 

Congratulations to all the winners. Be sure to incorporate the PYOE competition into your Commerce and/or Business Studies teaching and learning program in 2018.

2017 EBE NSW CPA Plan Your Own Enterprise Competition National Awards Ceremony – 10  October 2017

The Plan Your Own Enterprise Competition NSW Division 1 winner, Lucy Beer, represented NSW at the national PYOE awards ceremony in Melbourne on 10 October 2017 held by Business Educators Australasia. Lucy was flown to Melbourne for the national awards ceremony and joined the division one finalists from the other states and territories of Australia. Unfortunately Lucy did not achieve the national Division 1 (individual) winner. However reaching the national final is a significant achievement.

The national Division 1 winner was Jessica Lauc from Merici College (Australian Capital Territory) for her business plan, “Leadz”.

The national Divison 2 (group entry) winners at the national level were Elise Atkins, Jack Bellinger, Ashley Chamberlin, Jacob Holm and Connor McLean from Hopetoun P-12 College – Victoria for their business plan,  MSR- Mallee Sports and Rec.

EBE NSW congratulates the 2017 PYOE national winners.

2017 EBE NSW CPA Plan Your Own Enterprise Competition National Awards Ceremony
2017 PYOE Competition National Finalists (Rear L-R: Sam Pegler QLD, Harman Singh WA, Lotfullah Yousefi SA, Sean Cruz TAS, Isabella Di Toro NT, Jessica Lauc ACT, Lucy Bell NSW. Front L-R: Tony Kuc, President BEA, Maybel Gardner VIC, Jon Aloni, General Manager – Victoria, CPA Australia)

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