12ECO

Year 12 Economics (ECO)

Course Description

Teacher in Charge: Mr N. Mannering.

Year 12 Economics (ECO)

WHAT WILL I LEARN?

The course covers the following economic issues:

  • Inflation: Understand how inflation is caused, why is this important to control and what impact it has on groups. 

  • Trade: International Trade, NZ as a trading nation, our markets’ exports and imports and the existing opportunities and future potential with trade agreements. Apply economic models to predict the impact on trade and groups affected.

  • Economic Growth: Comparing our growth to other countries and why it is so important to the NZ economy  

  • Government Policies: Study recent initiatives of the Government to stimulate growth and what impact this has also on Inflation and employment. Students will be able to evaluate policies and form economic opinions. 

  • Economic Models: These models are applied to predict outcomes from changes and issues that occur in the economy. 


HOW IS THE COURSE ASSESSED?

4 Level 2 Achievement Standards – 18 credits

2 internally assessed make up 10 credits

2 externally assessed make up 8 credits


WHO COULD TELL ME MORE?

Mr or Mrs Mannering

Recommended Prior Learning

WHAT SHOULD I HAVE ALREADY DONE?

Entry is open, subject to discussion with your Dean, Mr or Mrs Mannering.  (Request an exemption on this platform). However, preference will be given to students who have completed Level 1 Economics. Reasonable success in Level 1 subjects is recommended if taking Economics for the first time at Level 2.

Explore issues within our economy
 

Is Inflation an Economic issue?

New Zealand China Trade Association | NZCTA

Who do we trade with? What opportunities exist?

Thousands of Christchurch women turning to the trades | Stuff.co.nz

Look at the Labour market and what controls are there?

 

 

 Latest Free Trade agreements


Pathway

WHAT COULD THIS SUBJECT LEAD TO?
Level 3 Economics
Tertiary study in such areas as commerce, business, social sciences

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 18 credits.
Externally Assessed Credits: 8 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
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
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
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
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
Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0