NCEA Level 1 Economics
Subject Description
Teacher in Charge: Mr S. Aruwa.
Qualification: NCEA Level 1
Entry Requirement: Year 10 literacy and numeracy
Course Description: Economics enables students to prioritise needs in the face of scarce resources. It enables students to understand how people interact at the marketplace to satisfy the demand and supply of goods and services.
This course leads to: NCEA Level 2 Economics
Vocational Pathways: Economics leads to jobs in the following professions:
- Banking
- Stock market trading
- Economic analyst
- Economic journalism
- Currency analyst
Special Costs: Learning Workbook costs apply.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
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Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
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Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
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Economics 1.5 - Demonstrate understanding of a government choice where affected groups have different viewpoints
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Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy