WHAKATAUKI:
Unuhia te rito o te harakeke kei whea te kōmako e kō?
Whakatairangitia — rere ki uta, rere ki tai;
Ui mai koe ki ahau he aha te mea nui o te ao,
Māku e kī atu he tangata, he tangata, he tangata!

Remove the heart of the flax bush and where will the kōmako sing?
Proclaim it to the land, proclaim it to the sea;
Ask me, “What is the greatest thing in the world?”
I will reply, “It is people, people, people!”

Nā, Meri Ngāroto, Te Aupōuri (1830s)

KAUPAPA:

People’s diverse values and beliefs inform the financial and non-financial decisions they make. What is important to people is influenced by their whakapapa, values, and cultural heritage. The importance that is placed on different resources, values, and ideas varies from group to group. So too do the perspectives that groups bring to economic decision-making. 

YEAR 12 PREREQUISITES:    

• Year 11 Commerce 

YEAR 12 COURSE CONTENT:

• Students will be able to explain and measure issues including employment, trade, growth, inflation and government policy as well as understanding the causes and possible effects.
  
  

• The course is designed to explore the macroeconomic issues of trade, growth, unemployment and inflation together with government policies dealing with these issues. 

YEAR 13 COURSE CONTENT:

• Understand the basic economic concepts, principles and simple analytical techniques and apply them to current economic issues with special emphasis on NZ and its place in the world.

• Inquire into and reason clearly and objectively about economic issues.

• Interpret and present economic data and arguments in a clear, concise and coherent manner.

• Develop an awareness of the inter-relationships between economic, social and political events.

Content

The course covers three major sections:-

Resource allocation via the Market System

• An analytical study of the market.

Allocation via the Public Sector

• Provides an understanding of the role of government provision of goods and services.

Aggregate economic activity and policy

• A macroeconomic approach to the economy and the impact of government action.

YEAR 12 COSTS:

• Learning workbook $28

YEAR 13 COSTS:

• Learning workbook $29

Year 13 Economics

FUTURE STUDIES / CAREER OPTIONS:

• University, Polytechnic, Banking, Finance, Own business, Teacher