Level 1 Economics

ECO1
Subject Description

Teacher in Charge: Ms J. Butler

Students will gain both a practical and theoretical understanding of consumer decisions, producer decisions and the subsequent behaviour of these two groups in the market place. This is a foundation course that will equip students with economic terminology, knowledge, skills and models essential to the ongoing study of Economics at higher levels.


Pathway

Level 2 Economics

Contributions and Equipment/Stationery

Workbook $25


Credit Information

This course is eligible for subject endorsement.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90988 v3 Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
1
I
3
Y
A.S. 90986 v3 Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
1
E
5
Y
A.S. 90985 v3 Economics 1.3 - Demonstrate understanding of producer choices using supply
1
E
3
Y
A.S. 90984 v3 Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
1
I
5
Y
A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
1
E
4
Y
Total Credits

Total Credits Available: 20 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 8 credits.

Pathway Tags

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


Disclaimer

An individual course will only run if sufficient students are accepted into the course.