This course requires 2 options.
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.
|Level 1 Economics Workbook||Voluntary||$30.00|
Total Credits Available: 5 credits.
Internally Assessed Credits: 5 credits.
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.