The Year 10 Economics students joined a live Zoom webinar recently, hosted by the Reserve Bank of Australia, relating to our current unit of work. It was a fantastic opportunity to be introduced to the Australian Economy and other related concepts.

The webinar began with a PowerPoint presentation presented by Christina You. We learnt about what economics means, how our economic system works, inflation/deflation and the role of the Reserve Bank of Australia in relation to our economy. At the end of the presentation, we had a Q and A session where many questions were raised.

Financial literacy is incredibly important and because of this opportunity we extend a special thank you to the Reserve Bank of Australia for hosting the event. Importantly, we were able to utilise what we learnt into our current unit: ‘Rent vs Buy’, whilst broadening our understanding of our current economy and the impact it has on our society.

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