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