11ECO
This course requires 2 options.

11 Economics

Course Description

Teacher in Charge: Mr M. Tasneem.

This course is designed to develop a broad understanding of how individuals and groups:

  • choose to satisfy their wants by the allocation and management of resources in the context of the New Zealand economy
  • interact as consumers and producers in the market and the New Zealand economy.

The course of study consists of:

  • the role of producers in the economy and the effects on their output decisions (with the possibility of a trip to a factory to observe their production process)
  • the role of consumers in the economy and the influences on their demand (consumer choices, using scarcity and/or demand)
  • the interaction which occurs between producers and consumers in the markets and the New Zealand economy, including the role of the government
  • how a significant cultural or sporting event affects the New Zealand economy
  • the effect of current events on the New Zealand economy.
  • topical issues affecting NZ as well as the global economy.

Course Costs and Equipment/ Stationery requirements

We strongly recommend the purchase of an Economics workbook as a learning enhancement for around $30.

Field trips such as factory visits are used to enhance the learning for certain economic concepts. These field visits are voluntary but highly recommended. Costs vary.

Description Type Value
Level 1 Economics Workbook Voluntary $30.00
Factory visit / Field trip Voluntary $30.00
$60.00

Pathway

Level 2 and 3 Economics, tertiary degree courses at University or Polytechnic.

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 5
Internal Assessed Credits: 5
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92029 v3
NZQA Info

Commerce 1.2 - Demonstrate understanding of price determination for an organisation


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 5
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

We aim to enable every student to have the course that they prefer, however, some courses have limited places or pre-requisits that may restrict the student's choice.