NCEA Level 1 Economics
L1ECON Subject DescriptionTeacher 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
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand | 1 |
E |
4 |
Y |
||
| A.S. 90984 v3 Economics 1.2 - Demonstrate understanding of decisions a producer makes about production | 1 |
I |
5 |
Y |
||
| A.S. 90986 v3 Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium | 1 |
E |
5 |
Y |
||
| A.S. 90987 v3 Economics 1.5 - Demonstrate understanding of a government choice where affected groups have different viewpoints | 1 |
I |
4 |
Y |
||
| A.S. 90988 v3 Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy | 1 |
I |
3 |
Y |
||
Total Credits |
||||||
Total Credits Available: 21 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 12 credits.