NCEA Level 2 Economics

Aims

  • To enable students to gain an understanding of the key issues that impact on the wellbeing of the economy in Aotearoa NZ

  • To examine issues using a variety of economic models

  • To demonstrate an awareness of government policies related to economic and social issues

  • To enable students to carry out economic investigations using primary and secondary sources

Course Content

Trade — an investigation into the vital role of trade in the economy of Aotearoa NZ

Unemployment an examination of factors affecting the Labour Market

Government Polices — an analysis of how monetary and fiscal policies effect the above issues

Statistical Data — a study of the way statistics are used to analyse contemporary economic issues

Inflation — a look at inflation and its far-reaching consequences

Skills

  • Thinking - Recall knowledge and selection of data, comprehension, processing information and evaluation

  • Investigation - Define the task, determine procedures, select, collect and evaluate information and data, analyse and interpret information and draw conclusions

  • Statistical - Analyse, synthesise and evaluate statistical data and graphs, and design and construct a variety of economic models

Assessment

There are a variety of assessment tasks and school examinations. Externally assessed topics are examined nationally at the end of the year. Students select appropriate assessments from the list below.

Qualification gained

Full course completion — 22 credits in NCEA Economics Level 2

University Entrance Numeracy: 4 credits in this course contribute towards University Entrance Numeracy requirements

This subject has links with

Accounting, English, Geography, Mathematics, Politics, and Philosophy

Prior knowledge required

Year 11 Economics and/or

A reasonable level of achievement across Year 11, particularly in Literacy and Numeracy.

Exceptional circumstances may be considered on an individual basis after consultation with the HoD and the Year Level Dean.

Next Step

NCEA Economics Level 3