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Adjusted Study Design for 2020 only

Teachers should note that they should only access the 2020 Adjusted Study Design. Deletions are in red coloured text and strike through while changes are in blue coloured text and highlighted. It is imperative that the revised 2020 Adjusted Study Design is used for the remainder of 2020.

Examinations will be based on the key knowledge and skills contained in the 2020 Adjusted Study Design. The 2020 Adjusted Study Design includes adjustments to the key knowledge and skills and the scope of the assessment. Teachers can be assured that students will only be externally assessed on the content in the 2020 Adjusted Study Design.

Adjusted Study Design for 2020 only
VCE Economics Study Design (pdf - 222.86kb) 

Details on the adjustments to the areas of study, outcomes and assessment for Economics Units 1-4 for 2020 only.

Please note: corrections have been made to the VCE Adjusted Study Design for 2020 to fix inconsistencies and errors in the original adjusted version (published on 1 May 2020). The corrections made were:

  • page 25 – change of tenth key knowledge dot point of Unit 4, Area of Study 1 from ‘budget’ to ‘budgetary’
  • page 26 – change of fourth key skill of Unit 4, Area of Study 2 from ‘analyse’ to ‘discuss’

Teachers need to ensure they access and download the updated version provided above.

Frequently asked questions for 2020 Adjusted Study Design
Frequently asked questions raised during the VCE adjusted study design webinar for VCE Economics.

School-based assessment

View VCE Economics School-based Assessment report.
School-based Assessment report for Economics.

Examination specifications, past examinations and reports

View VCE Economics examination specifications, past examinations and reports.

Support material

Advice for teachers
Contains advice about assessment and designing teaching and learning activities for Units 1-4.

Frequently asked questions
Includes frequently asked questions raised during the Economics implementation briefings held throughout 2016.

Implementation briefing presentation
Presentation from implementation briefings conducted in July 2016.

A list of suitable resources for VCE Economics 2017-2022.

Study review

Study Review Plan

The Study Review Plan provides key information on the review of VCE Economics, being conducted in 2020/21. The Study Review Plan is currently being updated to reflect the new timelines due to the 12-month extension to the accreditation periods for all currently accredited VCE study designs. The updated Study Review Plan will be published soon. VCE study designs currently under review in 2020/21 will now be delivered by schools in 2023 (rather than 2022).

Consultation register

Consultation on the proposed VCE Economics Study Design will be conducted in 2020/21. The draft study design and consultation questionnaire will be available for consideration on this page during 2020/21. To register your interest for the public consultation, please complete the registration form.

Study Design - Accreditation period 2017-2022

The accreditation period has been extended and expires 31 December 2022.

Do not use in 2020 refer to the Adjusted Study Design for 2020 at the top of this webpage.

VCE Economics Study Design (pdf - 148.86kb)

Details on areas of study, outcomes and assessment for Economics Units 1-4: 2017-2022.

Curriculum Manager

Megan Jeffery
Curriculum Manager - Business and Economics
tel: + 61 3 9059 5149

Curriculum Managers lead, manage and support the production, review and development of senior secondary curriculum and assessment materials. They also provide policy advice and implementation support for Foundation to Year 12 curriculum and assessment.