11EC1

11 Economics 1

Course Description

Teacher in Charge: Mrs M. Farquhar

Students will:

Focus on consumers and producers interacting through the market. There are three parts to the course – producer decisions, consumer decisions and how prices and quantity are determined in the market place.
Gain a greater understanding of the New Zealand economy and the world in which we live by examining the collective behaviour of the groups involved.
Opportunities for real world learning include investigating sustainable use of resources by McDonalds and the interdependence of Auckland Airport.


Pathway

Contributions and Equipment/Stationery

11EC1 - Supplementary costs: Approx $40

Prerequisites

10AE1 or 10BU1 

OR HoF approval

Credit Information

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

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90988 v3
NZQA Info
Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
3
3
3
3

Assessments:
Term: 2, Week: 10

Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90986 v3
NZQA Info
Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
5
5
5

Assessments:
Term: 3, Week: 6

Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90985 v3
NZQA Info
Economics 1.3 - Demonstrate understanding of producer choices using supply
3
3
3

Assessments:
Term: 2, Week: 4

Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90984 v3
NZQA Info
Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
5
5
5

Assessments:
Term: 1, Week: 11

Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90983 v3
NZQA Info
Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
4
4
4

Assessments:
Term: 1, Week: 5

Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 20
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0