10 How to run a business

What is this subject about?
In this elective you will have the chance to get a taste of three different commerce based VCE subjects. An introduction to economics, business management and accounting through the lens of your own business will give you the chance to see which of these you may be best suited to for VCE.

What are we going to be studying?

Economics studies the effects of the economy on small business and how changes in interest rates, level of unemployment, inflation or economic growth will then flow on and effect small business.

Business Management studies the day-to-day running of small or large firms and covers a range of aspects including marketing, public relations, human resource management and operations management. 

Accounting explores the financial recording, reporting, analysis and decision-making processes of a sole proprietor small business. Students collect, record, report and analyse financial data, and report, classify and interpret accounting information.

This subject is advantageous if you’re looking at these careers:

* Entrepreneur
* Business Owner
* Accountant
* Bank officer
* Commodities trader
* Economist
* Financial planner
* Importer and exporter
* Investment banker
* Parliamentarian
* Statistician
* Stockbroker
* Treasurer