13 Economics
Subject Description
Teacher in Charge: Mrs B. Rothbart.
Objectives
- To assist students to understand how individual groups and communities make decisions about the use of scarce resources.
- To enable students to develop a continuing informed interest in contemporary economic issues.
Content
- Operation of the Market System and Resource Allocation.
- Perfect and Imperfect Competition.
- Market Failure.
- Distribution of Income.
- Resource Allocation via the Public Sector.
- Aggregate Economy.
Recommended Prior Learning
14 credits in NCEA Level 2 Economics or at discretion of the Faculty Leader in consultation with subject teachers.
Subject and Associated Costs
Course Costs: $45.00 Economics workbook (by Dan Rennie, Stuart Douce or Phillip Jellyman), Online learning programme (www.elearningeconomics.com).
Associated Costs: Nil.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This subject is eligible for subject endorsement.
This subject is approved for University Entrance.
Total Credits Available: 24 credits.
Externally Assessed Credits: 14 credits.
Internally Assessed Credits: 10 credits.
External
NZQA Info
NZQA Info
NZQA Info
NZQA Info
NZQA Info
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.