NCEA Level 3 Economics

13ECO
Course Description

Teacher in Charge: Mr T. Tinworth

Economics at this level provides very good preparation for study at university and also provides an interesting overview of the economic issues facing a modern economy. The course would provide a good background for students studying not just economics at university but also areas as diverse as law, environmental science, politics, and other areas of business and commerce.
The course is divided into four main areas of study and a selection will be made from:
• Microeconomic concepts: This is an overview of the concepts related to consumer demand and to producer supply.
• Markets and efficiency of different market structures: This is how firms are organised to use scarce resources to provide us with the goods and services we consume. Some forms of market structures are more desirable than others.
• Market failure: This explores ways in which the government needs to intervene into some markets in order to correct issues facing modern economies.
• Aggregate economic activity: This looks at the New Zealand economy and the internal and external factors that influence the economic activity within the economy. The impacts on all of us from changes in economic activity are covered in this section of the course.


Contributions and Equipment/Stationery

Ring Binder,and A4 Refill (14B8), or1J5
It is recommended that students purchase an economics workbook at approximately $25.


Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91399 v2 Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
Assessments:
Term: , Week:
3
E
4
Y
4r,4w *
A.S. 91400 v2 Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
Assessments:
Term: , Week:
3
E
4
Y
4r,4w *
A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts
Assessments:
Term: , Week:
3
I
5
Y
5r *
A.S. 91402 v3 Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Assessments:
Term: , Week:
3
I
5
Y
5r *
A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Assessments:
Term: , Week:
3
E
6
Y
6r,6w *
Total Credits
Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 24

* Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

Total Credits Available: 24 credits.
Externally Assessed Credits: 14 credits.
Internally Assessed Credits: 10 credits.

Pathway Tags

Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Accountant, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Economist, Statistician, Secondary School Teacher, Tertiary Lecturer, Property Manager, Real Estate, Valuer, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist


Disclaimer

POLICY
It is the policy of Taupo-nui-a-Tia College to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications.

Credits listed may change.