12 Economics 1

Level 2 Economics sees students examine the operation of the New Zealand economy through a Macro-economic perspective. Major issues covered will include Inflation, Trade, Growth, Unemployment and the Government Policies used to influence these.  Students will learn how to define and measure changes in these issues and to create models to understand relevant causes and possible effects. For each economic issue, students will be asked to examine the effectiveness of possible government actions anf the impact they may have on other key economic indicators.