ECONOMICS
YEAR 12 Status
Optional
YEAR 11 Status
12 credits achieved in Level 1 NCEA Economics or, if this is the first year taking this subject, 60 credits achieved in the student’s top four subjects in NCEA Level 1 and by recommendation of the HoD Commerce.
Prerequisites
Optional
Students are recommended to have soundmathematical and English comprehension skills
Prerequisites
Periods per week Four Description This is a practical course concentrating on
Periods per week Five Description This course investigates the issues of employment, inflation, growth and trade confronting our economy. The course begins with a basic conceptual introduction to Economics, and identification of the underlying principles of the subject. The aim is to provide students with a better understanding of government policy and consumer and producer decision-making in the context of the five major economic issues. Assessment This course contributes towards the NCEA Level 2. Twelve of the 18 credits are externally assessed by examination, the remaining six credits are internally assessed. AS 91222 Analyse inflation using economic concepts and models. (4 credits – external) AS 91223 Analyse international trade using economic concepts and models. (4 credits – external) AS 91224 Analyse economic growth using economic concepts and models. (4 credits – external) AS 91227 Analyse how government policy and contemporary economic issues interact. (6 credits – internal)
consumers, producers and themarket. It helps students to recognise and understand the various relationships between consumers and producers, and how these groups interact in themarket place. It identifies the characteristics of households, businesses and government, and how scarce resources are allocated via the pricemechanism. The emphasis is on developing thinking, statistical (particularly graphical andmathematical) and decision-making (economic models) skills. Assessment This course contributes towards the NCEA Level 1. Nine of the credits are externally assessed by examination. The following NCEA Level 1 achievement standards will be assessed. AS 90983 Demonstrate understanding of consumer choices using scarcity and/or demand. (4 credits – external) AS 90984 Demonstrate understanding of decisions a producer makes about production. (5 credits – internal) AS 90986 Demonstrate understanding of how consumer, producer, and/or government choices affect society, using market equilibrium. (5 credits – external) AS 90988 Demonstrate understanding of the interdependence of sectors of the New Zealand economy. (3 credits – internal)
YEAR 13 Status
Optional
12 credits achieved in Level 2 NCEA Economics or, if taking this subject for the first time, 60 credits achieved in the student’s top four subjects in NCEA Level 2 and by recommendation of the HoD Commerce.
Prerequisites
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Christ’s College Canterbury
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