NCEA Level 3 Economics

Aims

  • To understand basic concepts, principles, and simple analytical techniques and apply them to current economic issues

  • To inquire into and reason clearly and objectively about economic issues

  • To interpret and present economic data and arguments in a clear, concise and coherent manner

  • To develop an awareness of inter-relationships between economic, social and political events

Course Content

  • Resource allocation via the market system

  • Resource allocation via the public system

  • Aggregate economic activity and policy

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 — 24 credits in NCEA Economics Level 3

This subject has links with

Accounting, Geography, Mathematics with Statistics.

Prior knowledge required

NCEA Level 2 Economics with a minimum of one external and one internal Achievement Standard at Level 2, or a satisfactory level of achievement in NCEA Level 2 Mathematics and English, including for both subjects, one Level 2 external Achievement Standard.

In exceptional circumstances entry is by consultation with the HoD and the Year Level Dean.

Next Step

Business Studies, Tourism, Management, Marketing, Events Organisation, and Banking