Level 1 Economics

100ECO
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.


Pathway

Level 2 Accounting, Level 2 Business Studies, Level 2 Economics

Contributions and Equipment/Stationery

$25.00 Student workbook.


Credit Information

This course is eligible for subject endorsement.

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

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

Pathway Tags

Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Accountant, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Economist, Statistician, Secondary School Teacher, Tertiary Lecturer, Property Manager, Real Estate, Valuer, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist


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.