11 Economics 1

11EC1
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

12 Agribusiness 1, 12 Business Studies 1, 12 Economics 1, 12 Economics 2

Contributions and Equipment/Stationery

11EC1 - Supplementary costs: Approx $40


Prerequisites

10AE1 or 10BU1 

OR HoF approval


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
Assessments:
Term: 2, Week: 10
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
Assessments:
Term: 3, Week: 6
1
E
5
Y
A.S. 90985 v3 Economics 1.3 - Demonstrate understanding of producer choices using supply
Assessments:
Term: 2, Week: 4
1
E
3
Y
A.S. 90984 v3 Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
Assessments:
Term: 1, Week: 11
1
I
5
Y
A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
Assessments:
Term: 1, Week: 5
1
E
4
Y
Total Credits

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