12EC1

12 Economics 1

Course Description

Teacher in Charge: Mrs M. Farquhar

Students will:

• Explore the issues of employment, trade, inflation, growth in the New Zealand economy
• Learn to define and measure these issues as well as analyse their causes and possible effects on NZ Society
• Study policies a government may use to address problems with the issues
• Gain an understanding of the interdependent nature of the economy by examining the impact government policies have on various groups and to appreciate that these may have unequal consequences


Pathway

Contributions and Equipment/Stationery

12EC1 - Supplementary costs: Approx $40

Prerequisites

At least 12 credits in Level 1 Economics (11EC1)

OR HoD approval

Credit Information

Total Credits Available: 18 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91227 v2
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact
6
6
6

Assessments:
Term: 3, Week: 6

Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models

Assessments:
Term: 2, Week: 4

Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade using economic concepts and models
4
4
4

Assessments:
Term: 2, Week: 10

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
A.S. 91222 v2
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models

Assessments:
Term: 1, Week: 9

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 18
Total University Entrance Literacy Credits: 14
TotalNumeracy Credits: 0