Quick summary: Students are introduced to shares, the stock market and the concept of ethical investment. They will also examine the criteria used to determine whether a business is considered ‘ethical’ and investigate the ethical practices of a business listed on the Australian Ethical website.
Bendigo Bank is passionate about connecting with and enriching communities across Australia. Cool Australia and Bendigo Bank share the common goal of bringing communities together through educational programs that help to build sustainable communities for the future. 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.
- To develop a basic understanding of the stock market, shares and share trading.
- To consider business practices that could be considered as ‘ethical’.
- To explore the concept ‘ethical investing’.
General capabilities: Critical and Creative Thinking, Personal and Social Capability, Ethical Understanding.
Cross-curriculum priority: Sustainability OI.6., OI.8.
Australian Curriculum content description:
Year 7 Economics and Business
- Why individuals work, types of work and how people derive an income (ACHEK020)
Year 8 Economics and Business
- The ways markets operate in Australia and why they may be influenced by government (ACHEK027)
- The rights and responsibilities of consumers and businesses in Australia (ACHEK029)
Syllabus Outcomes: C4.2, C4.3, C4.4.
Unit of lessons: Bendigo Bank Real Wealth
Time required: 60 mins
Level of teacher scaffolding: Medium – teachers should familiarise themselves with the information on the ASX and Australian Ethics links beforehand.
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. Stockmarket Factsheet, Ethical Investment Factsheet, Real Wealth Cheat Sheet, Glossary – Secondary.
Digital technology opportunities: Digital sharing capabilities.
Homework and extension opportunities: Includes opportunities for extension.
Keywords: shares, share market, stock exchange, stockbroker, ethical, investing, ethical investing, Bendigo Bank.
Cool Australia’s curriculum team continually reviews and refines our resources to be in line with changes to the Australian Curriculum.