12 Economics

Economic theories are examined and looked at in relation to the New Zealand economy and the world. The opportunity is provided for stimulating discussion on a wide range of economic issues. Current events and issues that affect New Zealand are studied including how world events may impact on New Zealand. An optional overseas trip is held, where possible, to study the economic/business relationships between New Zealand and other countries. The course will be related to up to date and recent economic events.
An in-depth study is made of how the following occur and affect the New Zealand economy:
trade, unemployment, inflation, current economic issues, with connections to government and equality issues.

Skills taught include:

• the ability to understand and apply economic concepts
• how to use economic models and interpret statistics
• the understanding of the causes and effects of economic events and government policies.