Quick summary: Students select an environmental and/or social problem in the world and design a business solution to this problem. They will pitch their proposal to their peers and will have the opportunity to refine their proposal based on feedback from their peers. Finally, students will be asked to reflect upon the risks and opportunities of their proposal.
This lesson supports students to inquire into the big idea of ‘real wealth’. Students develop an understanding of shared values, and build their sustainable and ethical financial knowledge, equipping them with the skills to make sound financial decisions based on social, environmental and economical merit.
- Select and develop an understanding of an environmental or social problem around the world.
- Take on the role of an ethical entrepreneur by designing a business solution to this problem.
- Develop project-planning and design skills.
- Create a pitch to present their proposal.
Cross-curriculum priority: Sustainability OI.8.
Australian Curriculum content description:
Year 7 Economics and Business
- Characteristics of entrepreneurs and successful businesses (ACHEK019)
Year 8 Economics and Business
- The rights and responsibilities of consumers and businesses in Australia (ACHEK029)
- Types of businesses and the ways that businesses respond to opportunities in Australia (ACHEK030)
Syllabus Outcomes: C4.2, C4.3, C4.4.
Unit of lessons: Real Wealth Year 7 & 8
Time required: 2 x 60mins sessions, with additional work completed at home.
Level of teacher scaffolding: Medium – oversee activity and presentations, facilitate discussion.
Resources required: Student Worksheet – one copy per student OR computers/tablets to access the online worksheet. Device capable of presenting a website to the class. Pitch Perfect Factsheet, Pitch Perfect Assessment Rubric. Real Wealth Cheat Sheet, Glossary – Secondary.
Digital technology opportunities: Internet research, infographic apps, presentation apps, digital sharing capabilities.
Homework and extension opportunities: The nature of this project-based task means that the depth of research and complexity of the solution will be determined by students’ abilities. This project is designed to be run over two sessions with additional work completed at home. However, timelines can be set by the teacher and influenced by the nature of the class.
Keywords: ethical entrepreneur, shared value, environmental problem, social problem.
Cool Australia’s curriculum team continually reviews and refines our resources to be in line with changes to the Australian Curriculum.