NCEA Course Booklet

Economics

Year 12

Prerequisites None – although completion of Level 1 Economics would be an advantage. 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 the 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 NCEA Level 2, with 12 of the 18 credits externally assessed by examination, and the remaining 6 credits internally assessed. The following Achievement Standards will be assessed: • AS 91222 (4 credits – external) Analyse inflation using economic concepts and models. • AS 91223 (4 credits – external) Analyse international trade using economic concepts and models. • AS 91224 (4 credits – external) Analyse economic growth using economic concepts and models. • AS 91227 (6 credits – internal) Analyse how government policy and contemporary economic issues interact.

38 Curriculum Studies Guide

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