ECO2
This course requires 2 options.

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


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 Unemployment - 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

Career Pathways

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 22 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade using economic concepts and models

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info
Economics 2.3 - Analyse economic growth using economic concepts and models

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact

Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 22
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0