12ECO

Level 2 Economics

Course Description

This course enables students to gain an appreciation and understanding of major aspects of the New Zealand economy – employment, trade, inflation, economic growth and inequality. Students will be able to interpret and analyse statistical data on these aspects, as well as apply economic theory to them and describe the effects and implications of them. The course will include a selection from the standards listed below. Students will have the opportunity to complete AS 91403 Demonstrate understanding of macro-economic influences on the New Zealand economy. This is a Level 3 Achievement Standard worth 6 credits. This standard will support their learning of the macro-economic concepts and models learnt at Level 2. If students gain these Level 3 credits, they can use them towards an approved subject for University Entrance if they continue with Economics at Level 3.


Entry Requirements

It is not essential to have studied Economics previously.  However, students need to have a satisfactory level of literacy to enter this course.




Contributions and Equipment

$40 for Workbook and additional materials

Pathway

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.

Total Credits Available: 28 credits.
Externally Assessed Credits: 14 credits.
Internally Assessed Credits: 14 credits.

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. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade 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
A.S. 91228 v2
NZQA Info
Economics 2.7 - Analyse a contemporary economic issue of special interest 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. 91403 v2
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0
Credit Summary
Total Credits: 28
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 20
Total Numeracy Credits: 0

Disclaimer

Courses are based on student choice, so some courses may not run.