NCEA Level 3 Economics
L3ECON Subject DescriptionTeacher 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
| 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 | 3 |
E |
4 |
Y |
4r,4w * |
|
| A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts | 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 | 3 |
I |
5 |
Y |
5r * |
|
| A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy | 3 |
E |
6 |
Y |
6r,6w * |
|
Total Credits |
||||||
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.
Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.