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.
External
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
NZQA Info
Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
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.