NCEA L2 Economics
Course Description
Teacher in Charge: Mrs J. Thomas.
In Level 2 Economics students will consider how New Zealanders are affected by the economic decision-making of individuals, communities, businesses and government agencies in New Zealand and overseas. The focus is on current Economics in New Zealand using models and concepts to consider the impacts of economic events.
Students will study the following topics:
Analyse Inflation
Analyse Economic Growth
Understand Government policies and their impact on the NZ Economy
Analyse Unemployment
Analyse special interest topics eg. Housing, trade, tourism,
Students will also have the opportunity to travel to Wellington to visit places of Economic importance. This may include Parliament, Treasury, Reserve Bank, Trade me, Sharsies etc.
Course Overview
Term 1
Circular Flow model and the basis for Macro Economics
Inflation - External
Start unmployment topic - Internal
Term 2
Finish unemployment - Internal
Economic Growth - External
Term 3
Government policies - Internal
Term 4
Revision for external examination
Recommended Prior Learning
Students should have gained their NCEA level 1 with at least a Merit endorsement.
Pathway
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
External
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models
NZQA Info
Economics 2.3 - Analyse economic growth using economic concepts and models
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact