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 Commerce. Reasonable success in Level 1 subjects is recommended if taking Economics for the first time at Level 2.
Explore issues within our economy
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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.
External
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models
NZQA Info
Economics 2.2 - Analyse international trade 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