Mt Albert Grammar School Mt Albert Grammar School

13 Economics 1

Course Description

Teacher in Charge: Michelle Farquhar.


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

OR HoF approval


Level 3 Economics aims to build on Micro-economic and Macro-economic content developed in Level 1 and 2 Economics. Technical skills necessary for University Economics will be introduced and applied to contemporary issues in the New Zealand economy. This course is structured into three sections; students will examine resource allocation via private sector- determining the success of the market system. Secondly, students will examine market failure and look at resource allocation via public sector. Finally, students will revisit the aggregate economy and look at the effect of government decisions on the economy as a whole.



Career Pathways

Cook, Mining Engineer, Accountant, Auditor, Actuary, Finance Manager, Retail Manager, Statistician, Baker, Hotel/Motel Manager, Cafe Worker, Debt Collector, Property Manager, Butcher, Waiter/Waitress, Cafe/Restaurant Manager, Urban/Regional Planner, Kitchenhand, Chef, Elected Government Representative, Event Manager, Quantity Surveyor, Demonstrator, Dietitian, Maitre d’Hotel, Sports Coach/Official, Early Childhood Teacher, Environmental Scientist, Economist, Human Resources Adviser, Energy/Carbon Auditor, Financial Adviser, Food Technologist, Forestry Scientist, Health Promoter, Health Services Manager, Mortgage Broker, Nanny/Child Carer, Policy Analyst, Real Estate Agent, Secondary School Teacher, Valuer, Epidemiologist

Contributions and Equipment/Stationery

*13EC1* - Supplementary costs: Approx $40