12EC2

12 Economics 2

Course Description

Teacher in Charge: Michelle Farquhar.

Students will:

This course is designed for students new to Economics. You will develop an understanding of basic Economic concepts and market mechanisms which relate to the key macroeconomic indicators of Unemployment, Inflation, Growth and Trade. Success in this course will assist entry into Level 3 Economics.


Prerequisites

Obtained a minimum of 14 credits in one other Commerce based subject at year 11 (Accounting or Business Studies)

OR HoD approval

Contributions and Equipment/Stationery

*12EC2* - Supplementary costs: Approx $30

Pathway

Credit Information

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

This course is eligible for subject endorsement.

Total Credits Available: 16 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 12 credits.

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

Assessments:
Term: 3, Week: 6

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

Assessments:
Term: 2, Week: 5

A.S. 91226 v2
NZQA Info
Economics 2.5 - Analyse statistical data relating to two contemporary economic issues
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2, Week: 9

A.S. 91228 v2
NZQA Info
Economics 2.7 - Analyse a contemporary economic issue of special interest 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

Assessments:
Term: 1, Week: 10

Credit Summary
Total Credits: 16
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 8
Total Numeracy Credits: 0