Economics L3

13ECO
Course Description

Teacher in Charge: S. Darby

Course Highlights:   By studying Economics, students will be able to: develop an understanding of the New Zealand economy and the policies that the Government uses to manage it; make connections between New Zealand’s economy and the global economy.  Students will become financially capable.   They will be able to: make reasoned decisions about use of credit; develop spreadsheets and interpret business and economic statistics; use economic models (both macro and micro) to enable critical thinking about the real world and so be able to explain the real world or make predictions about it. These critical thinking skills are highly valued in job markets. 

 

Vocational Pathway: Services Industries.  

 

This course can lead to: Further study in Commerce at University.

 

For more information, please see Mr Darby


Contributions and Equipment/Stationery

Workbook $30.00


Recommended Prior Learning

PreRequisites: Level 2 NCEA


Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91399 v2 Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
3
E
4
Y
4r,4w *
A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts
3
I
5
Y
5r *
A.S. 91402 v3 Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
3
I
5
Y
5r *
A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
3
E
6
Y
6r,6w *
Total Credits
Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 20

* Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.