13 Economics 1
13EC1 Course DescriptionTeacher 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 |
||||||
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.