L3ECON

NCEA Level 3 Economics

Subject Description

Teacher in Charge: Mr S. Aruwa

Qualification: NCEA Level 3

 

Entry Requirement: L2 Economic and or literacy and numeracy and a wiliness to learn

 

Course Description: Level 3 Economics provides students with a solid understanding of micro- and macroeconomic concepts, terminology, and analysis that will enable students to move to University level economics with courage and confidence. It offers Standards that provide the basis for success in future academic and professional pursuits in Economics and the field of Business Studies. Students of Level 3 Economics will gain a sound knowledge of the operation of the economy and the impact of government policy on day to day economic activities.

 

This course leads to: University study of Economics and related professions

 

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

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91399 v2
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91401 v2
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91402 v3
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91403 v2
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 20
Total University Entrance Literacy Credits: 20
TotalNumeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 20

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.

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