13ECO

NCEA Level 3 Economics

Subject Description

Teacher in Charge: Mr K. Addinall.

Economics

Suggested prerequisite: For successful completion, students entering this course would have completed the Year 11 and/or Year 12 Economics Course. The year 11 course covers demand, supply, and market equilibrium, and 12 Economics covers macroeconomics. or at the discretion of the HOD.

This course covers both micro-economic concepts, which analyse efficiency and effects in the market, and macro-economic influences on the New Zealand economy. 

Students are expected to apply classroom practices and learning skills, such as note-taking, to prepare for university courses. Workbooks include classroom and homework exercises. Students are also required to complete work set by their teacher and hand in assignments/assessments within the agreed date. 


Subject Overview

Term 1
Market equilibrium and allocative efficiency.

Term 2
Micro-economic concepts

Term 3
Market failure and government intervention

Term 4
Exam revision.

Contributions and Equipment/Stationery

Fee: Workbooks and ‘E-learn’ on-line revision programme $55.

Credit Information

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

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 24
Internal Assessed Credits: 10
External Assessed Credits: 14
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91399 v2
NZQA Info

Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium


Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91400 v2
NZQA Info

Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis


Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91401 v2
NZQA Info

Economics 3.3 - Demonstrate understanding of micro-economic concepts


Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91402 v3
NZQA Info

Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes


Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91403 v2
NZQA Info

Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy


Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0
Credit Summary
Total Credits: 24
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 24
Total Numeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 24

Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

Disclaimer

Your selection does not guarantee course placement. Course costs and standards listed may vary.