NCEA L2 Economics
ECO2 Course DescriptionTeacher in Charge: Mrs J. Thomas.
Recommended Prior LearningStudents should have gained their NCEA level 1 with at least a Merit endorsement.
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
Year 12 (NCEA Level 2), Social Sciences - Tikanga ā Iwi
Pathway Career Pathways
Accountant, Auditor, Finance Manager, Retail Manager, Hotel/Motel Manager, Property Manager, Urban/Regional Planner, Elected Government Representative, Event Manager, Foreign Policy Officer, Workplace Relations Adviser, Early Childhood Teacher, Environmental Scientist, Human Resources Adviser, Energy/Carbon Auditor, Financial Adviser, Mortgage Broker, Real Estate Agent, Secondary School Teacher, Statistician, Economist, Policy Analyst, Tertiary Lecturer, Valuer, Managing Director/Chief Executive