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Announcement Alert School Cross Country Postponed

We would like to advise that the School Cross Country has been postponed. It will now be on Friday unless advised otherwise.

Economics

 

Year 10 Enterprise Studies    (10EST)

The course covers the following topics:

  • Understanding the characteristics and importance of entrepreneurship and innovation
  • Experiencing business in a real context – Market Day
  • Demonstrating an understanding of  money management and personal financial documents
  • Demonstrating an understanding of basic economic concepts

Assessment is through written tests, a Market Day, assignments – business plan, in-class assessments and an end-of-year examination.

Students study two topics (standards) that count for 6 credits towards Level 1 NCEA.

Internal Standards (Assignments)

  • US24705  Interpret and verify accuracy of personal financial documents  (2 credits)
  • AS90987  Demonstrate understanding of a government choice where affected groups have different viewpoints  (4 credits)

 

Year 11 Economics    (11ECO)

The course concentrates on:

  • Consumers decisions
  • Producers decisions
  • Market and non-market allocation of goods and services

Students study five topics (standards) that count for 20 credits towards Level 1 NCEA.

Internal Standards (Assignments)

  • AS 90984 (1.2)  Demonstrate understanding of decisions a producer makes about production  (5 credits)
  • AS 90988 (1.6)  Demonstrate understanding of the interdependence of sectors of the New Zealand economy  (3 credits)

External Standards (Exams)

  • AS 90983 (1.1)  Demonstrate understanding of consumer choices using scarcity and/or demand  (4 credits)
  • AS 90985 (1.3)  Demonstrate understanding of producer choices using supply  (3 credits)
  • AS 90986 (1.4)  Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium  (5 credits)

 

Year 12 Economics    (12ECO)

The focus is on four major economic issues:

  • Growth 
  • Trade 
  • Inflation
  • Employment

Students study five topics (standards) that count for 22 credits towards Level 2 NCEA.

Internal Standards (Assignments)

  • 2.4  Analyse unemployment using economic concepts and models  (4 credits)
  • 2.6  Analyse how government policy and contemporary economic issues interact  (6 credits)

External Standards (Exams)

  • 2.1  Analyse inflation using economic concepts and models  (4 credits)
  • 2.2  Analyse international trade using economic concepts and models  (4 credits)
  • 2.3  Analyse economic growth using economic concepts and models  (4 credits)

 

Year 13 Economics    (13ECO)

The course concentrates on:

  • Economic Problems
  • Operation of the Market System and Resource Allocation
  • Perfect and Imperfect Competition
  • Distribution of Income
  • Resource Allocation via the Public Sector
  • Aggregate Economy

Students study five topics (standards) that count for 24 credits towards Level 3 NCEA.  

Internal Standards (Assignments)

  • AS 91401  Demonstrate understanding of micro-economic concepts  (5 credits)
  • AS 91402  Demonstrate understanding of government interventions to correct market failures  (5 credits)

External Standards (Exams)

  • AS 91399  Demonstrate understanding of the efficiency of market equilibrium  (4 credits)
  • AS 91400  Demonstrate understanding of the efficiency of different market structures using marginal analysis  (4 credits)
  • AS 91403  Demonstrate understanding of macro-economic influences on the New Zealand economy  (6 credits)
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