Economics develops students' knowledge, understanding, skills, values and attitudes for effective economic thinking that contributes to socially responsible and competent economic decision-making in a changing economy.  The 'problems and issues' approach of the HSC course focuses on national, regional and global economies.  It examines the global economy in which the Australian economy operates; investigates the impact of the global economy on the Australian economy and the links between economic issues and management of an economy through government policy.