NCEA Level 1 Economics
Teacher in Charge: A. Mitchell
Level 1 Economics gives students an understanding of everyday choices consumers, producers and the government need to make because of scarcity. This helps students to solve issues that they may face in their everyday lives. They will also develop the skills to see economic decisions from different perspectives and recognise the values that are held by the various groups or individuals. Students also develop their financial capability and ability to participate effectively in the real world.
- Consumer choice and demand;
- Producers and production decisions;
- Producer choices and supply;
- Market equilibrium;
- Government choices; and
- Interdependence of the sectors of the economy.
This subject leads to an approved University Entrance subject.
There will be a field trip to a local business.
Recommended Prior Learning
Year 10 Money Management is an advantage but not essential.
Total Credits Available: 21 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 12 credits.
Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Accountant, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Economist, Statistician, Secondary School Teacher, Tertiary Lecturer, Property Manager, Real Estate, Valuer, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist,
For NCEA Levels 1, 2 & 3 courses will be made up of a selection of the stated standards. This will happen at the beginning of the year with the assigned teacher.