100ECO

Level 1 Economics

Course Description

Teacher in Charge: Mrs Y. Daly

Economics will make you a better decision maker. You already know how it feels to experience scarcity but do you know what scarcity means and how to make the most of your limited resources? Economics will help you to understand this and much more about the choices you face. You will be able to explain why consumers, producers and the government make the decisions they do about resources and understand how events such as earthquakes, pandemics and fashions affect the world around us. Numerical, analytical and problem-solving skills will be developed.

Note: Not all of the listed Standards will be covered – choices will be made in negotiation with the class teacher.


Contributions and Equipment/Stationery

$25.00 Student workbook.

Pathway

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 21 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 12 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90983 v3
NZQA Info
Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90984 v3
NZQA Info
Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90986 v3
NZQA Info
Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
5
5
5
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90987 v3
NZQA Info
Economics 1.5 - Demonstrate understanding of a government choice where affected groups have different viewpoints
Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90988 v3
NZQA Info
Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 21
Total Level 1 Literacy Credits: 21
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

At time of compiling courses for 2021 every effort has been made to ensure the information contained online is accurate.  However, it is possible that some course/assessment structures will be subject to change.

All courses are dependent on student numbers and staffing. Students will be advised if the school is unable to provide the subjects they select.



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