12ECO

12 Economics

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Year 13 (2025) students are required to attend Subject Confirmation on Thursday 23 January to finalise their timetable.


Subject Description

Teacher in Charge: Ms G. Sawyer.

Objectives

  • To enable students to explore the major economic issues facing New Zealand today and to develop an understanding of policies that a government may implement to address these issues.
  • To define and measure key economic issues and to understand their causes and possible effects on households, businesses, government and society using economic models.

Content

Focus on four major economic issues

  • Economics Growth.
  • Government Policy.
  • Inflation.
  • Employment.

Recommended Prior Learning

Minimum of 3 Assessments at Achieved in Year 11 Economics (one being the End of Year Exam) and/or discretion of Faculty Leader.  If you have not studied Economics in Year 11 you must obtain the approval of the Teacher in Charge for L2 Economics.

Subject and Associated Costs

Course Costs: $43.00 Online learning programme (www.elearningeconomics.com), Workbook (Economics Learning Workbook Level 2 – Alastair Blyth).
Associated Costs: $20.00 Subject-based excursion.

Pathway

CEO
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
Trade Adviser
CEO

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: 18
Internal Assessed Credits: 10
External Assessed Credits: 8
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info

Economics 2.1 - Analyse inflation using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info

Economics 2.3 - Analyse economic growth using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info

Economics 2.4 - Analyse unemployment using economic concepts and models


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info

Economics 2.6 - Analyse how government policies and contemporary economic issues interact


Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0

Disclaimer

It is important that you complete your option selection by the due date to enable you to have your preferred course of study. Course availability is dependent on numbers and staffing, and course entry will be confirmed at the beginning of the school year.