NCEA Level 2 Economics
Aims
To enable learners 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 analysis- 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. Learners 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
Achievement Standard
91222 2.1 4 Credit External Analyse inflation using economic concepts and models
91223 2.2 4 Credit External Analyse international trade using economic concepts
91225 2.4 4 Credit Internal Analyse unemployment using economic concepts and models
91226 2.5 4 Credit Internal Analyse statistical data relating to contemporary economic issues
91228 2.6 6 Credit Internal Analyse how government and contemporary economic issues interact
Course contribution: $50 indicative amount, may be subject to change.
Course book, e-Learn Economics, field trips, guest speakers.