Introduction To Law And The Economy

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Introduction To Law And The Economy

  1. 1. Introduction to Law and The Economy <ul><li>This unit will introduce students to basic economic concepts and the Law. </li></ul><ul><li>Students will be able to gain practical knowledge that will assist them in making sense of this type of issue as it arises and is reported in the media, and; </li></ul><ul><li>Will provide an excellent insight into the nature of the V.C.E. subjects of Economics and Legal Studies </li></ul>
  2. 2. Introduction to Law and The Economy <ul><li>This unit has two clear branches. </li></ul><ul><li>The first will introduce students to economic concepts, emphasising the role of the Government in the economy </li></ul><ul><li>It will also allow investigation of inflation and unemployment . </li></ul><ul><li>Students will also gain a general understanding of the operation of the legal system in Australia in particular how it affects young people. </li></ul>
  3. 3. The Economy <ul><li>We will learn about nature of scarcity, </li></ul><ul><li>How the allocation of resources is achieved and </li></ul><ul><li>How prices are set in a market economy such as Australia’s </li></ul><ul><li>Inflation and Unemployment will be examined as important social and economic issues </li></ul>
  4. 4. The Role of Government <ul><li>We will develop an understanding of what the Government is attempting to achieve in managing the economy </li></ul><ul><li>We will also explore the role of the social welfare system in Australia – things like unemployment benefit payments. </li></ul>
  5. 5. The Law <ul><li>We will explore the basic structure of the Australian Legal system </li></ul><ul><li>We will distinguish between types of law (Civil and Criminal Law) </li></ul><ul><li>We will examine how the law affects young people and will experience the operations of the Magistrates Court and, </li></ul><ul><li>We will examine the impact of the law on all aspects of owning and driving a motor vehicle. </li></ul>
  6. 6. In a nutshell . . . <ul><li>In this elective students will gain: </li></ul><ul><li>valuable practical knowledge and skills that can be applied in real life situations in a legal and economic sense </li></ul><ul><li>A valuable insight into the V.C.E. subjects of Legal Studies and Economics </li></ul>

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