The Flow of Income

The Flow of Income

  • Cool+
  • Secondary
  • Year 7 - 8
  • Humanities and Social Sciences
  • Business and Economics
  • Economic
  • Financial Literacy
  • ...

Lesson summary

Economists will have us believe that the flow of income is circular – money comes in, money goes out. But there’s a lot more to think about in terms of the true cost of items, like mobile phones. In this activity, you’ll explore the human and environmental costs that should also be represented in economic models.

Lesson guides and printables

Student Worksheet

Lesson details

Curriculum mapping

Curriculum codes: 

Ideal for: Lower Secondary

Themes:

  • think and connect

Time required: 40 minutes

Curriculum connections: Business and Economics, Personal and Social CapabilitySustainability

Additional info

Learning@Home resources are designed for parents and teachers to use with children in the home environment. They can be used as stand-alone activities or built into existing curriculum-aligned learning programs. Our Learning@Home series includes two types of resources. The first are fun and challenging real-world activities for all ages, the second are self-directed lessons for upper primary and secondary students. These lessons support independent learning in remote or school settings.

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