11 Economics
Subject Description
Teacher in Charge: Ms G. Sawyer.
Objectives
- To develop an understanding of consumer and producer decision making and behaviour.
- To develop a broad understanding of market operations and the role of government.
- Introduction to New Zealand Economic History.
Content
- Consumer Decision Making.
- Producer Decision Making.
- Market and Non-Market Allocation of Goods and Services.
- Interdependence of sectors of the economy using the Circular Flow of Income Model.
- New Zealand History from an Economic Perspective.
Learning and Assessment Area | Description |
Consumer Choices | Demonstrate understanding of consumer choices, using scarcity and/or demand. |
Producers Decisions | Demonstrate understanding of decisions a producer makes about production. |
Producer Choices | Demonstrate understanding of producer choices, using supply. |
Market and Non-Market Allocation of Goods and Services | Demonstrate understanding of how consumer, producer and government choices affect society, using market equilibrium. |
Interdependence and the Circular Flow of Income | Demonstrate understanding of the interdependence of sectors of the New Zealand economy. |
New Zealand History from an Economic Perspective | Demonstrate understanding of a significant New Zealand historical period/event from an economic point of view. |
Recommended Prior Learning
Subject and Associated Costs
Course Costs: $50.00 Online learning programme (www.elearneconomics.com), Workbook (Economics Learning Workbook - Philip Jellyman).
Associated Costs: $35.00 Potential field trips.
Pathway
Economist
Financial risk analyst
Data analyst
Financial planner
Economic researcher
Financial consultant
Investment analyst
Investment Banker
Entrepreneur
Actuary
Public sector roles
Government Advisor
Journalist - Business and International Relations
Diplomat
Economic Research
General Management
CEO
Trade Adviser