7ECO

Year 12 7ECO – Economics (NCEA L2)

Course Option Description

Head of Learning Area (HOLA): Mrs E. Sefo.

Why this course:    

Explore the key issues that face Aotearoa New Zealand’s economy selected from economic growth, unemployment, inflation, international trade, and government policies. Examine the causes and impacts of these issues through a macro-economic lens, with government responses and policies in mind. Use economic models to support explanations.

This course leads directly to Level 3 Economics and tertiary courses. Economics is the basis for any career in commerce and is relevant to careers in management, tourism, social services, social policy, the corporate world, law, self-employment, or owning your own business. 

Students may be offered an extension opportunity sitting a Level 3 external 91403 - Demonstrate understanding of macro-economic influences on the New Zealand Economy.


Course information:    

  • Structured report writing and literacy skills are developed in research and internal assessments 
  • Healthy debate is a common feature of the class
  • Economic models are used to illustrate theory and support written explanations

This course leads to:   

Level 3 Economics (8ECO) and/or Level 3 Business Studies (8BUS).



Prerequisites

Completion of the Level 1 Commerce (6COM) with a minimum of 10 credits including achievement in the external OR entry at the discretion of the HoLA.

Equipment and Stationery

1B8
Ruler

Assessment Information

This course is assessed using Achievement and/or Unit Standards. Please note exact standards are subject to change and individual assessment programmes may be provided in consultation with student and teacher.

Credit Information

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

Total Credits Available: 18
Internal Assessed Credits: 10
External Assessed Credits: 8
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. 91224 v2
NZQA Info

Economics 2.3 - Analyse economic growth 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
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0