TeachEd · Educational resources and services

The only resource you need to succeed in Economics.

Built for the way students learn

  1. Learn

    Interactive models with live RBA and ABS data.

  2. Practise

    Answer as you go in the built-in workbook.

  3. Test

    500+ HSC‑style questions and suggested responses.

  4. Revise

    Study notes for every chapter.

TeachEd publishes interactive digital textbooks for senior Economics and runs practical workshops for schools and teacher associations, including AI in Education with The Next Word.

Explore the textbooks Book a workshop

What we offer

Smarter resources. Stronger teaching. Better results.

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Who we are

Built by teachers and HSC markers

TeachEd is owned and run by experienced teachers and HSC markers. We know what schools and students need to succeed, and we design every resource around it: textbooks written to the syllabus, learning checks marked the way the HSC is marked, and workshops that help teachers plan for a new course.

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Textbooks

TeachEd Economics, one textbook per year

Each textbook is its own subscription, aligned with the NSW Education Standards Authority's Economics 11–12 Syllabus (2025).

Available · Year 11

TeachEd Economics: Year 11

An interactive textbook with a built-in workbook. Six chapters cover the Year 11 focus areas, with interactive models and live RBA and ABS data. Learn, answer, check, test and revise, all in one book, with 500+ learning checks and study notes. Chapter 1 is free.

Intro offer · Limited time

A$99 A$110 per student for the academic year · discounted for school cohorts

Try Chapter 1 free See what's inside

In development · Year 12

TeachEd Economics: Year 12

An interactive textbook with a built-in workbook for the new HSC course: Australia’s economic issues, its economic management, and its place in the global economy. Same live data, learning checks and study notes as Year 11. Register your interest and we will tell you when it is ready.

Coming before Term 4, 2027 · first HSC exams under the new syllabus in 2028

Register interest
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Inside the textbook

Built to be used, not just read

Six chapters, 101 interactive models, 101 diagrams drawn live on the page, 116 figures fed from Reserve Bank and ABS data, and 500+ click-to-reveal suggested responses. Try a working sample of each.

Interactive diagrams

Figure 1.4, exactly as it appears in Chapter 1

Money moves along every flow, and the number of dots on a flow reflects how much travels along it each year. The buttons walk a student through the diagram one reading step at a time. This is the textbook's own figure, not a picture of it.

Animated five-sector circular flow diagram for Eastland. Businesses pay households 500 billion dollars in factor incomes and households supply factors of production in return. Households spend 320 billion on consumption and businesses supply goods and services, their output, in return. Leakages are savings 40, taxation 90 and imports 50 billion. Injections are investment 60, government spending 80 and exports 70 billion. Moving dots show money travelling along each flow, and the number of dots on a flow reflects its size. Household sector Owns the factors of production Business sector Produces goods and services Factor incomes (wages, rent, interest, profit) $500b Consumption (C) $320b Factors of production (land, labour, capital, enterprise) Goods and services (output) Financial sector Banks, super funds Government sector All levels of government International sector Rest of the world S $40b T $90b M $50b I $60b G $80b X $70b Leakage: income leaving the loop Injection: spending entering the loop

Figure 1.4 Circular flow of income for Eastland (hypothetical), one year, $ billion. The dots show money moving along each flow; use the buttons to follow the four reading steps one at a time.

Every dot is money moving. The wider and busier a flow, the more money travels along it each year: $500b of factor incomes is the busiest flow on the diagram, savings of $40b the quietest.

S + T + M=40 + 90 + 50=$180b
I + G + X=60 + 80 + 70=$210b
I + G + X > S + T + Mby $30b

Injections exceed leakages, so Eastland is in disequilibrium and income is rising.

Models students can move

Shift a curve and the market responds

About 100 models work like this one. Sliders drive the diagram, and the commentary beneath it is rewritten to match the new equilibrium.

Interactive model · try it

Chapter 2 · Markets

Move demand or supply and watch the market find a new equilibrium

Supply and demand diagram A downward-sloping demand curve and an upward-sloping supply curve. Their intersection marks the equilibrium price and quantity, which update as the sliders move. Price ($) Quantity (units) 0 100 100 D S P*Q*
Fewer buyersMore buyers
Costs riseCosts fall
Move a slider. The commentary rewrites itself to match the diagram, the way the textbook does.
Equilibrium: P* = $50 · Q* = 50 units

The sliders are native range inputs, so every model works with a keyboard and with a screen reader, and the commentary is announced as it changes.

Chapter 2 uses this same model for price ceilings, price floors and the effect of a tax (Section 2.9).

Live RBA and ABS data

Figures that update themselves

Twenty-three series from the Reserve Bank and the Bureau of Statistics, each shown with its date and source. The sentences around them are rewritten whenever the numbers change.

Cash rate target 4.60% RBA · October 2026
CPI, annual change 4.0% ABS monthly CPI · Aug 2026
Unemployment rate 4.6% ABS Labour Force · Aug 2026
GDP growth, through the year 2.1% ABS National Accounts · Jun qtr 2026
Household saving ratio 6.5% ABS National Accounts · Jun qtr 2026
Wage Price Index, annual 3.2% ABS Wage Price Index · Jun qtr 2026

Data activity · Chapter 4, Financial sector

Is the real cash rate positive or negative right now?

Real cash rate ≈ cash rate − inflation = 4.60% − 4.0% = 0.6%

Suggested response

With the cash rate at 4.60% and annual inflation at 4.0%, the real cash rate is about 0.6%. It is positive, so the return on money held at the cash rate just outpaces the rise in prices. A positive real rate is what the RBA relies on to restrain spending.

This response is rewritten by the page whenever the figures change (a data-say span in the textbook).

The same snapshot the textbook carries, as at 11 October 2026. In the textbook these figures refresh automatically from a server-side feed.

Stimulus and learning checks

Real sources, syllabus-style questions

Current RBA and ABS releases as stimulus, and more than 500 learning checks whose suggested responses appear only once a student has had a go.

RBA reading · Chapter 4

"At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.60 per cent."

Reserve Bank of Australia, Statement by the Monetary Policy Board: Monetary Policy Decision, Media Release 2026-27, 29 September 2026.

Figures current when this activity was written.

Explain how the decision is likely to affect a household with a variable-rate mortgage and a retiree living on interest from term deposits. (4 marks)

Suggested response

Lenders usually raise their variable mortgage rates soon after the cash rate target rises. The household with a mortgage will face higher monthly repayments. On a $600,000 loan a rise of 0.25 percentage points adds roughly $95 to $100 a month. With less income left over, the household must reduce other spending, so its housing is less affordable. Banks also tend to raise the rates they pay on deposits. When the retiree's term deposits are renewed they will earn a higher rate, so the retiree's income rises. The same decision reduces the income available to a borrower and increases the income of a saver.

Using the circular flow of income model, explain the role of the financial sector. (4 marks)

Suggested response

In the circular flow, households receive income from businesses and spend most of it on goods and services. The part that is not spent is savings, which is a leakage because it reduces the flow of spending to businesses.

The financial sector collects these savings through intermediaries such as banks and superannuation funds and through financial markets. It lends the funds to businesses, which spend them on capital goods. This investment is an injection that adds to the flow. By linking savings to investment, the financial sector helps keep leakages and injections in balance and supports the level of income and employment.

Every reader can change how the page looks

Colour theme, typeface, text size and spacing, remembered between sessions

Built to WCAG 2.2 AA: light, high-contrast, warm and dark themes, a choice of Atkinson Hyperlegible, Lexend or OpenDyslexic, text to 200% and wider spacing.

Colour theme
Typeface
Text size
Spacing

Saved on this device and kept between visits.

Chapter 1 · 1.1

What is scarcity?

Scarcity is the basic economic problem: wants are unlimited, but the resources available to satisfy them are not. Because of this, every individual, business and government has to make choices about how resources are used.

Try it: switch the theme, typeface, size and spacing above. The textbook remembers a student's choices.
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Syllabus alignment

One chapter for each Year 11 focus area

TeachEd Economics: Year 11 follows the NSW Education Standards Authority's Economics 11–12 Syllabus (2025). Each chapter is organised by the syllabus outcomes, so a teaching program can be planned straight from the contents page.

  1. 1
    Introduction to economicsFree to read. Economic thinking, and the production possibilities, circular flow and business cycle models
  2. 2
    MarketsHow prices are set, how buyers and sellers respond, and when governments step in
  3. 3
    Household and business sectorHow households spend, work and earn, and how businesses decide what to produce
  4. 4
    Financial sectorHow banks, share markets and borrowing move money through the economy
  5. 5
    Government sectorWhy governments tax and spend, and how that shapes the economy
  6. 6
    International sectorHow Australia trades and invests with the world, and what moves the dollar

Economics 11–12 Syllabus © NSW Education Standards Authority for and on behalf of the Crown in right of the State of New South Wales, 2025. Focus area titles, outcomes and syllabus content are reproduced under licence. TeachEd Economics is an independent publication and is not endorsed by the NSW Education Standards Authority. Suggested responses, questions and all other material in TeachEd Economics are written by TeachEd Pty Ltd, are not part of the syllabus, and are not endorsed or authorised by the NSW Education Standards Authority. The NSW Education Standards Authority takes no responsibility for any errors in the reproduction of syllabus material.

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Pricing

Introductory offer: A$99 per student for a limited time, or a discounted price for your school

Prices in Australian dollars. Each TeachEd textbook is its own subscription.

Individual

TeachEd Economics: Year 11

Intro offer · Limited time
A$99A$110per student, for the academic year

Save A$11 on the RRP when you sign up before 28th Feb.

  • Chapter 1 is free, so a student can read a whole chapter before you decide
  • All six chapters, every model, live figure and suggested response
  • Access runs to 30 November; buy in November or December and it runs to 30 November the following year
  • One payment, no automatic renewal
Try Chapter 1 free Buy now

Buy now sends us an email, and we reply with how to pay.

School

School subscription

Discountedper student, when buying for a cohort
  • A discounted price per student for your cohort, quoted for your school
  • A place for every student you order
  • Each student is emailed a login link and creates their own account
  • Need more places later, or one cancelled when a student leaves? Just email us
  • Access is set up straight away, not when the invoice is paid
  • Invoiced on 30-day terms against a purchase order
Request a quote

Teachers can read Chapter 1 free, just like students.

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Workshops for schools

Plan, assess and teach Social Sciences with confidence

Practical workshops for Economics, Business Studies, Commerce and Geography teachers, led by experienced teachers and HSC markers. Faculties leave with programs, tasks and resources they can use the next week.

Syllabus planning

Turn a syllabus into a teaching program your faculty can use. We work through outcomes, content and indicative hours, build a scope and sequence, and plan where assessment sits across the course.

For Economics, this includes the new Economics 11–12 Syllabus (2025), first taught in 2027. Available for Economics, Business Studies, Commerce and Geography.

Resource creation

Build classroom-ready resources for Economics, Business Studies, Commerce and Geography: stimulus activities, data tasks using current ABS and RBA figures, and learning checks with suggested responses.

Not every assessment needs to be a test

Assessment redesign

Under the NSW Education Standards Authority’s current requirements, schools decide the number, type and weighting of their own tasks. From Term 4, 2026 for the HSC course and Term 1, 2027 for Year 11, each course may include only one take-home task, worth no more than 15%. That puts the focus on well-designed tasks completed at school. Faculties design innovative, valid in-class assessment, such as:

  • in-class investigations using current data and stimulus
  • research tasks with checkpoints, finished and defended in class
  • oral presentations, interviews and debates
  • case-study and policy analysis under supervised conditions
  • fieldwork reports for Geography and business simulations for Business Studies

Every task is mapped to outcomes, with clear marking guidelines and HSC-style key words. The workshop also covers designing tasks so marks reflect the student’s own work, not their use of AI, without relying on AI detection tools.

Literacy in the subject

Help students write like economists, geographers and business analysts: extended responses, using stimulus, and answering the question that was asked.

Formats

Half day, full day, or a series of after-school sessions, at your school, online, or at a teacher association conference.

Tell us your subject, your faculty and what you want to achieve, and we will shape the workshop around it. Email admin@teached.com.au.

Enquire about a workshop
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AI in Education, with The Next Word

A clear, safe way forward on AI for your whole school

TeachEd delivers AI in Education with The Next Word. We help leaders, teachers, students and parents understand what AI means for learning, assessment and wellbeing, and agree on how the school will use it.

Where are we now?

AI readiness audit

A structured review of where the school stands, with staff and community readiness data and a prioritised action plan. The cost is credited if you go on to further work.

Ongoing support

Advisory and partnerships

Six-month advisory or twelve-month partnerships to set goals, build a roadmap and embed AI where it helps, measured against the school’s own starting point.

Workshops and sessions

  • Leadership clarity Reach a shared school position on AI.
  • Heads of Department strategy lab Curriculum leaders work through what AI changes in their subjects.
  • Assessment redesign for AI Protect task integrity when students can use AI.
  • Whole staff immersion A full staff day on the school’s AI position, strategies and tools.
  • Practical skills Hands-on time with the school’s approved AI tools.
  • Student wellbeing in the age of AI How AI affects growth, relationships and wellbeing.

For staff, students (K–12), leaders, and parents and carers. Sessions run as a full day, half day, or an hour. Email admin@teached.com.au.

Enquire about AI in Education Visit The Next Word
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For schools

A textbook the whole faculty can teach from

Tell us how many students need access and we will reply within two school days with a discounted price for your cohort. Once you accept, we invoice the school and email each student a login link. Schools are invoiced, never charged online.

  • Written to the syllabus you teachOutcomes, focus areas and content in the NSW Education Standards Authority's order, so programs and assessments line up.
  • Data that is never out of dateLive RBA and ABS figures with sources, so students are learning with current data.
  • Works on school devicesAny browser on iPad, laptop or phone. Nothing to install, nothing blocked by the school network.
  • Accessible for every studentWCAG 2.2 AA, reader controls, keyboard and screen-reader support, and alternative formats on request.
  • Simple to runEach student is emailed a login link and creates their own account. Nothing for teachers to set up, hand out or manage.

Prefer email?
admin@teached.com.au

Request a school quote

Required fields are marked "required". This form is for school staff; please do not include student names or details.

We reply to this address.
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Questions

Frequently asked questions

What does "for the academic year" mean?

The academic year ends on 30 November. Your access runs from the day you pay until 30 November of that calendar year. If you buy in November or December, your access continues until 30 November of the following year, so a student who starts early is never short-changed. The exact end date is shown before you pay and in your account.

Is Chapter 1 really free?

Yes. Anyone can read all of Chapter 1, Introduction to economics, free: the full text, its interactive models, live data and suggested responses. You just need to create an account, with no time limit and no card needed. Chapters 2 to 6 need an individual or school subscription. Teachers can look through Chapter 1 the same way before recommending the book.

Which devices does it work on?

Any current browser on a school-issued or personal iPad, laptop, desktop or phone. There is nothing to install and no app. The page reflows to a single column on a phone and works at 400% zoom.

Can two students share one login?

No. Each email address is one account, and only one signed-in session can exist at a time. If the account signs in on another device, the earlier device is signed out with a message. Schools order one place for each student, and each student creates their own account from the link we email them.

How does a school subscription work?

Send the form above with the number of students. We reply with a discounted price per student for your cohort. Once you accept, we invoice the school on 30-day terms and set up access straight away, so no class waits for a finance office. Each student is then emailed a login link to create their own account. Access ends on 30 November, the same as an individual subscription.

What if a student misses the email or leaves the class?

Email us. We can send the login link again, cancel the access of a student who has left and pass the place to a new student, or add more places at your school's price. Unused places stay available until 30 November.

What personal information do you collect from students?

Only what is needed to run the account: an email address and a password (stored hashed). A free account also asks whether you are a student, a teacher, or a parent or carer, your school if you choose to give it, and your confirmation that you are 15 or older (or that a parent or carer is creating the account). Reading settings are saved on your device, not with your account. We do not ask for date of birth, school ID or address, teachers do not see individual students' progress, and data is hosted in Australia. Our privacy policy and collection notice explain the detail.

Is the textbook accessible?

It is built to WCAG 2.2 AA, with readers' own choice of colour theme (including high contrast and night), text size to 200%, adjustable spacing, keyboard operation for every activity, screen-reader structure and maths as MathML. If something gets in your way, tell us through the accessibility statement page and we will provide an alternative format.

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