Year 7 HASS – Term 4 (WA Curriculum): Economics and Business - Innovation, Entrepreneurship and Market Dynamics

What this unit covers

In Term 4, Year 7 HASS in the WA Curriculum centres on the unit “Economics and Business - Innovation, Entrepreneurship and Market Dynamics”.

Students explore how businesses respond to consumer needs, pricing strategies, different business structures, innovation, entrepreneurship, and develop inquiry skills through economic case studies.

Lesson sequence (30 lessons)

The unit breaks down into the following lesson-by-lesson sequence — each title below is a teachable lesson, in order:

1. Introduction to Economics and Business - What Makes Markets Work?
2. Understanding Consumer Needs and Wants in Modern Society
3. How Businesses Identify Market Opportunities and Gaps
4. Researching Business Success Stories Using Primary and Secondary Sources
5. Analysing Consumer Preferences Through Data Collection Methods
6. How Technology Changes Consumer Tastes and Preferences
7. Case Study: Eco-Friendly Products and Changing Consumer Values
8. Investigating Lifestyle Trends and Alternative Product Options
9. Creating Graphs and Charts to Show Consumer Preference Changes
10. Introduction to Business Pricing Strategies
11. Cost-Plus Pricing: How Businesses Calculate Product Costs
12. Discount Pricing Strategies and When Businesses Use Them
13. Competitor Pricing: How Businesses Set Prices Based on Rivals
14. Seasonal Pricing Changes and Market Demand
15. Technology's Impact on Product Pricing Over Time
16. Analysing Price Changes Through Data Interpretation
17. Types of Business Ownership: Sole Traders
18. Partnership Businesses: Advantages and Disadvantages
19. Corporations: How Large Businesses Operate
20. Franchise Businesses: Buying into Established Brands
21. Comparing Different Business Ownership Structures
22. What is Innovation and Why Do Businesses Need It?
23. Identifying Business Opportunities in Emerging Markets
24. Case Study: Solar Power and Electric Car Innovation
25. How Technology Improves Business Efficiency
26. Rideshare, Food Delivery and Online Retail Revolution
27. Characteristics of Successful Entrepreneurs
28. Entrepreneur Case Study: Melanie Perkins and Canva
29. Risk-Taking and Leadership in Business
30. Planning Your Own Business Idea Presentation

Curriculum codes in this unit

Content codes:

Skills codes:

Reading the codes: WA codes (the ones starting with WA) pack the year level, learning area, strand and content number into one string, while the national Australian Curriculum v9 uses a different anatomy that starts with AC9 — same content family, different labels. Our complete WA Curriculum guide decodes both, character by character.

Planning notes for Term 4

WA terms run roughly 9–11 weeks, and in 2026 Term 4 runs from Monday 12 October to Thursday 17 December — 10 weeks for WA public schools. With 30 lessons in this unit, that leaves breathing room for assessment, moderation and the weeks that disappear to carnivals, camps and public holidays — plan the assessable work to land two to three weeks before the end of term rather than in the final week.