Secondary Catalogue

Essential viewing for students of Economics, this concise video explains how the Gini coefficient and Lorenz curve are used to calculate the degree of income or wealth inequality within a nation or any other set of people. Using a clear animated diagram, students will see how this measure is mathematically calculated and what the resulting number means for a population’s distribution of wealth or income. Show Less

With its origins tracing back to the Industrial Revolution, this video takes viewers through a timeline of the economic gender gap in relation to the workforce and income parity. While marked improvements have occurred over the last 250 years for women economically, the COVID-19 pandemic was additional proof that women still experience higher levels of economic hardship than men. Explaining factors in this disparity such as education levels, legal protection and the imbalance of unpaid work, this is important viewing for students of Economics. Show Less

A healthy and growing economy, though socially and politically beneficial, has detrimental trade-offs environmentally. Unpredicted by economists of the last century, the drive of governments to increase GDP without consideration of the planet or future generations has resulted in climate change. As explored in this video, this predicament has led some economists to call for an overhaul to macroeconomics, with intergenerational equity an essential objective. Complemented by illustrative graphics and diagrams, this is important viewing for students of Economics. Show Less

Racial inequality refers not only to how citizens are treated within society, but also the access they have to wealth and income. And, while racial inequalities in economics have already come some way, the recent and ongoing Black Lives Matter movement has shone a light on how far there is to go. This program also considers factors such as labour market policies and taxation reform in rectifying economic inequality. Complemented by illustrative graphics and diagrams, this is important viewing for students of Economics. Show Less

Economic booms and busts have widespread global consequences. Clearly defining and exploring concepts including real and nominal GDP, inflation, unemployment, recession and consumer confidence, this video looks at the factors that influence the health of an economy and how they may contribute to boom or bust. Complemented by illustrative graphics and diagrams, this is important viewing for students of Economics. Show Less

For an agricultural business to be financially viable, expenditure on land, labour and capital is key. This video looks at the approaches taken by a wool farm and a beef farm towards these three factors of production. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

Government’s role in agriculture aims to ensure that there are consistent standards of safety, ethical practice, and financial stability across the sector. This video spotlights the impact of levies, tariffs, taxation and other legislation on the wool and beef industries. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

The laws of supply and demand can be manipulated to the benefit or detriment of a business, including in agricultural contexts. This video explores the laws of demand and supply and the scarcity principle in relation to wool and beef. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

As in all international markets, the price of agricultural goods is determined by their supply and demand. Spotlighting wool and beef markets, this video discusses domestic and international markets, value adding and economic disruption and diversification. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

A triple bottom line approach that incorporates social and environmental responsibility can help businesses sustain their financial success in the long term. This video looks at sustainability in relation to feeding cattle for the dairy and beef industries, with insights from farmers from Blackmore Wagyu and scientists at the Ellinbank Dairy Research Institute. A highly relevant resource for senior secondary and tertiary students studying business, economics or agriculture. Show Less

A successful triple bottom line approach allows farmers to balance their environmental, social and financial goals. This video looks at sustainability and social responsibility on the Wattle Park wool farm in Mooralla, with insight from wool growers discussing soil erosion, water supply, chemical pesticides and fertilisers, grazing strategies and mulesing. A highly relevant resource for senior secondary and tertiary students studying business, economics or agriculture. Show Less

A sustainable business approach that considers people, planet and profit can be particularly important in the agricultural sector. This video introduces the idea of the triple bottom line, how it applies to agricultural businesses and its benefits and challenges, with insight from Australian wool growers and academics from La Trobe University. A highly relevant resource for senior secondary and tertiary students studying business, economics or agriculture. Show Less

In business, a thorough understanding of an organisation’s strengths, weaknesses, opportunities and threats in both internal and external environments is crucial. This video introduces the SWOT analysis and how it can be a helpful evaluative tool for businesses. Through real-life examples, students will see how a SWOT analysis can be applied in practice and why it is beneficial for strategic planning. Show Less

Successful businesses must continually adapt, and change requires a deep understanding of driving and restraining forces. This video examines Lewin’s Force Field analysis and how it can be used to evaluate whether change is feasible. Through a case study of British Airways, students will understand how Lewin’s Force Field can be applied to real-life businesses and why it is useful for implementing and managing change. Show Less

Although external factors are outside of a business’ control, it is still important for them to consider political, economic, social, technological, legal and environmental/ethical factors. This video explores the PESTLE analysis and how it can be a helpful tool for business. Through real case studies, students will understand how PESTLE can be applied in practice and its usefulness in strategic decision-making. Show Less

A competitive advantage is highly valuable in business and choosing between a cost/differentiation or leadership/focus strategy can be a way of achieving this. This video introduces Porter’s Generic Strategies and how they are helpful for evaluating business strategy. Using real-life case studies, students will learn how different businesses implement different strategies and the effect this has on their position within their industries. Show Less

Corporate social responsibility has the potential to create lasting positive changes in the communities with which a business interacts, increase an organisation’s trustworthiness and the fulfilment of their employees. However, CSR comes at a price and can unearth new tensions between businesses, their stakeholders and supply chains. In this video, students will explore the many benefits and limitations of this unavoidable part of modern business operations. Show Less

Coined in the early 1990s, the term ‘triple bottom line’ is often used in dialogue around corporate social responsibility to define the three interrelated areas by which modern companies should measure their success: people, planet and profit. Students will gain valuable insight into how the triple bottom line affects business operations in a practical, measurable sense by seeing it explained in the context of multi-national retailer, Marks & Spencer. Show Less

Carroll’s Corporate Social Responsibility Pyramid has long been used as the framework through which to think about a business’ economic, social and environmental responsibilities. In this comprehensive video, students will be guided through the four layers of Carroll’s Pyramid, introduced to its strengths, and shown the ambiguities and omissions that limit its usage. Show Less

With Marks & Spencer providing an invaluable case study of how corporate social responsibility is applied in a real, multi-national context, this video explores the sometimes complex relationship between stakeholders and CSR. Students will gain insight into how CSR can have a positive impact on the opinions and experiences of staff, employees and shareholders, and the tensions that can arise when stakeholder interests and CSR operations don’t align. Show Less

Without positive cash flow, businesses can find themselves in a dire financial situation: a cash flow crisis. This video looks at the cash flow forecast as a way for a business to predict its expenses and revenue and put effective measures in place to manage them for an improved financial position. Accounting and Business students in senior secondary and TAFE courses will find this to be a practical and informative resource. Show Less

Cash flow is integral to any business and ensuring that more cash flows in than flows out is the fundamental rule of successful operations. An ideal resource for senior secondary and TAFE students of Accounting and Business, this video explores the difference between cash and profit and looks at what should be included in the different areas of a cash flow statement. Show Less

In this video, senior secondary and TAFE students of Accounting and Business will find accessible and contextual definitions by industry experts of three key accounting terms - revenue, expenses and profit - and how these factors interrelate in profit and loss statement calculations. Show Less

This short video introduces the profit and loss statement as one measure of a business's performance. Though visual examples and succinct explanations by industry experts, students taking Accounting and Business courses at the senior secondary and TAFE level will learn how revenue and expenses are reported and the importance of the resulting statement for business owners, suppliers, investors and other stakeholders. Show Less

Presenting clear and consise definitions of a balance sheet's key components by industry experts, this short video will aid students in senior secondary and TAFE Accounting and Business courses to understand the difference between current and non-current assets and liabilities, and what significance the monetary values placed on these items have on a business's financial position. Show Less