13 Economics 1

13EC1
Course Description

Teacher in Charge: Mrs M. Farquhar

Students will:

• Reach a level of economic literacy and understanding and to develop a continuing and critical interest in current economic issues, which
will prepare them for study at university level
• Develop an understanding of theory used to explain the decisions made by firms and households
• Develop and understanding of the internal and external factors that affect the New Zealand economy


Contributions and Equipment/Stationery

13EC1 - Supplementary costs: Approx $40


Prerequisites

*12EC1* - At least 12 credits in Level 2 Economics (12EC1) including at least 8 credits from externally assessed standards
*12EC2* -  At least 12 credits in Level 2 Economics (12EC2) including at least 4 credits from externally assessed standards 

OR HoD approval


Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Assessments:
Term: 3, Week: 7
3
E
6
Y
6r,6w *
A.S. 91402 v3 Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Assessments:
Term: 2, Week: 8
3
I
5
Y
5r *
A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts
Assessments:
Term: 1, Week: 8
3
I
5
Y
5r *
A.S. 91399 v2 Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
Assessments:
Term: 2, Week: 2
3
E
4
Y
4r,4w *
Total Credits
Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 20

* Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.