Level 1 Economics
Teacher in Charge: Mrs L. Williams
What will I learn and how will I learn?
Economics is the practical study of scarcity and its impact on society. Basically students who take this course will study local firms to understand how decisions are made to manage New Zealand’s resources. They will also learn to understand consumer choices and demand.
Conditions of Assessment
Collection of evidence for the internally assessed standards can include, but is not restricted to, an extended task, an investigation, digital evidence (such as recorded interviews, blogs, photographs or film) or a portfolio of evidence. Assessment can be integrated into one activity that collects evidence towards two or three different standards from a programme of learning. Evidence can also be collected over time from a range of linked activities (for example, in a portfolio). Authenticity of student evidence needs to be assured regardless of the method of collecting evidence.
Submitting Internal Assessment
Depending on the nature of the assessment, this can be electronic or hard copy. The mode depends on the assessment conditions.
Resubmission and Further Assessment Opportunities
Resubmissions can only be offered once and only when small errors or omissions need to be corrected in student work in a short period of time. There is no further teaching available. Further assessment opportunities are not available in every standard.
Demand; Circular flow
KEY DATES: Week 9: AS90988
Producers; Supply; Markets
KEY DATES: Week 7: AS90984
Markets; Government intervention
KEY DATES: Week 6/7: AS90987; Week 9-10: Derived Grade examinations
KEY DATES: Week 5: NCEA examinations
Recommended Prior Learning
Entry is open, although a reasonable level of literacy is required.
This course is eligible for subject endorsement.
This course is approved for University Entrance.
Total Credits Available: 24 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 12 credits.
Term: 2, Week: 9
Term: 2, Week: 10
Term: 3, Week: 6
Term: 3, Week: 7
Term: 1, Week: 9
Term: 1, Week: 10
Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Accountant, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Economist, Statistician, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist,