COM101

NCEA Level 1 Commerce

Course Description

Teacher in Charge: A. Mitchell.

In Level 1 Commerce students will use and explore accounting, economic and business concepts and models to make sense of society and solve problems.

They will build the knowledge, skills and values they need to navigate, and participate in, the economic world.  They will learn how participants in the economy make decisions and the impact of these decisions on sustainability.


Content/Skills:

  • Consumer perspectives, values and choices
  • Organisations pūtake and goals
  • Decision making - financial and non-financial
  • Analysing the impact of decisions on the environment and various stakeholders
  • Profit and price determination
  • Inter-dependence of the sectors of the economy


This subject leads to approved UE subjects - Accounting, Business Studies and Economics.


There will be a field trip to a local business or organisation.


Recommended Prior Learning

Year 10 Money Management is an advantage but not essential.

Pathway

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92028 v3
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 92029 v3
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92030 v2
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92031 v3
NZQA Info
Commerce 1.4 - Demonstrate understanding of the financial viability of an organisation
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5

Disclaimer

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.