Lifeskills Microsociety

Lifeskills is an exemplary action learning program which allows students to develop and build self confidence. It promotes quality learning in schools by providing a safe context for risk taking and for student managed enterprise. It rewards students for exerting effort and building self reliance and allows them to choose between activities related to regular work, volunteering and entrepreneurship.

Getting a job, saving and investing the school's currency, spending the school currency both within and outside school and regulating the student society, all contribute to a rich tapestry of learning experiences.

Once students have engineered or purchased their own currency, they can then set about establishing industries and businesses that can provide employment and income for both the microsociety's government and student participants.

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Resources key

Year Level

  • Foundation - 2
  • 3 - 4
  • 5 - 6
  • 7 - 8


Understanding money

  • Nature and functions of money
  • Income and expenditure
  • Saving

Consumer education

  • Financial institutions

Personal finance

  • Budgeting

Money management

  • Enterprise / running an event or business
  • Wealth building: Investing / loans / risk

Learning area

  • Business / Economics

Learning dimension

  • Knowledge and understanding

General capability

  • Information and communication technology competence


Teacher resource

  • Text
  • Case Studies

Student resource

  • Activity
  • Group work

Last updated: 01 Nov 2011