NCEA Level 2 Economics

Aims

  • To enable students to gain an understanding of the key issues that impact on the wellbeing of the New Zealand economy

  • To examine issues using economic models

  • To demonstrate an awareness of government policies related to economic 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

Growth — a study of the importance of economic growth and how it can be encouraged

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

Government Polices — related to the above issues

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 graphs

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, and a range of other subjects

Prior knowledge required

NCEA Level 1 Economics achievement in a minimum of one external and one internal Achievement Standard, or

NCEA Level 1 Literacy and Numeracy

Next Step

NCEA Economics Level 3