Faculty Information

ECONOMICS

Economics - Course Information

Year 9 Economics:

The Economic Problem
Resources and Production
Barter, Exchange and Money
Income
Budgeting
Banking
Insurance

Year 10 Enterprise Studies:

Entrepreneurship and Enterprise
Business Values
Economic Concepts
Financial Management
Business Plan
Economic Decision Making
Consumer Law and Disputes Tribunal

Year 11 Economics (NCEA Level 1)

Consumer Decisions
Producer Decisions
The Market and Non-Market Allocation of Resources

Year 12 Economics (NCEA Level 2) Basic Economics Concepts and Theory

Trade
Growth
Inflation
Government Policy

Year 13 Economics (NCEA Level3)

Understand marginal analysis and the behaviour of firms
Describe an economic problem, allocative efficiency, and market responses to change
Describe market failure and government interventions to correct for market failure
Describe aggregate economic activity
Collect and process information, and carry out an economic analysis

Economics - Assessment

Year 9 Economics
Assignments and/or Topic Tests

Year 10 Enterprise Studies
Assignments and/or Topic Tests
2 hour End-Of-Year Examination

Year 11 Economics (NCEA Level 1)
5 External Assessments and 2 Internal Assessments - Total Credits Available: 24 credits

Internal Assessment:

1.6 (AS90200) Understand and use the consumer decision-making model - 2 credits
1.7 (AS90201) Carry out an economic investigation - 3 credits

External Assessment:

1.1 (AS90195) Describe concepts related to consumer choice and demand - 4 credits.
1.2 (AS90196) Describe producers, production, and resources and their use - 5 credits
1.3 (AS90197) Describe the concept of supply - 3 credits
1.4 (AS90198) Describe the market - 5 credits
1.5 (AS90199) Describe relationships between sectors of the economy - 2 credits

Year 12 Economics (NCEA Level 2)
4 External Assessments and 1 Internal Assessment - Total Credits Available: 24 credits

Internal Assessment:

2.4 (AS90797) Process, present and analyse statistical data in relation to given economic issues - 6 credits

External Assessment:

2.1 (AS90794) Describe inflation and its causes and effects using economic models - 4 credits
2.2 (AS90795) Describe international trade and its causes and effects using economic models - 4 credits
2.3 (AS90796) Describe economic growth and its causes and effects using economic models - 4 credits
2.5 (AS90798) Describe government policies in relation to economic issues - 6 credits

Year 13 Economics (NCEA Level 3)
4 External Assessments and 1 Internal Assessment - Total Credits Available: 24 credits

Internal Assessment:

3.5 (AS90778) Collect and process information, and carry out an economic analysis- 5 credits

External Assessment:

3.1 (AS90629) Understand marginal analysis and the behaviour of firms - 5 credits
3.2 (AS90630) Describe an economic problem, allocative efficiency, and market responses to change - 4 credits
3.3 (AS90631) Describe market failure and government interventions to correct for market failure - 4 credits
3.4 (AS90632) Describe aggregate economic activity - 6 credits

All Year 11, 12 and 13 students sit two practice exams during the year and the final external exams held in November and December.

Economics - Events

(Participation in these events is voluntary.)

AMP Economics Competition

New Zealand Stock market Challenge

Lion Foundation Young Enterprise Scheme (YES)
Year 12 students are encouraged to participate in the YES. YES provides a hands-on opportunity for students to gain practical knowledge and skills about business and enterprise.