11CMM - COMMERCE

11 Commerce gives you a grounding in key financial concepts and the basic concepts needed for all commerce style subjects.

As individuals we have "unlimited wants, but limited means". Scarcity, and the choices that arise due to it, have consequences for individuals, producers, government and society.

Economics and Business have a vital role to play in addressing inequalities and issues in our rapidly changing society. 

This course is a blend of both Business and Economics standards to give you an understanding of how the world of "money" operates.

The classic supply and demand model is a key concept covered in 11 Commerce.

Other main areas of focus will be:

• raising money for a cause by running your own business during Runathon (completing market research, advertising, making links with the community, business pitches)

• how producers create goods and services and the decisions they face

• consumer behaviour

• how the government influences the market and prices (e.g. taxes)

The big questions that the different topics you study will include: 

Business 101- How do I market and run a business?

Supply 101- How do producers make choices about the supply of goods?

Interdependence 101- How do different sectors of the New Zealand economy interact?

Production 101- How and why do businesses produce goods and services? What impact does it have?

The market 101- How do consumers, producers and/or government choices affect society, using market equilibrium?

Money 101- How do I manage my money in the real world?

Everything you learn about will help you understand the economic world we live in.

In a typical lesson you might watch a video, have a business meeting, read a textbook, answer questions, examine articles, graphs or survey results, listen to a presentation or engage and debate in class discussions.

You will be required to answer short answer and essay style questions along with drawing graphs.

This course is open to all Year 11 students, even if they have not studied Commerce before. 

You should have an interest in business and the economy and be comfortable with group work, graphing and writing logical, detailed explanations.

11 Commerce students will have explicit requirements to help them structure essays and teach them how to answer questions in Commerce subjects.

Assessment in the Junior School

Learning Progressions are an evaluation of student progress using various modes of learning as evidence (not just a one-off test).  They are based on the New Zealand Curriculum, and show the level at which a student is demonstrating knowledge or skills.  Our Learning Progressions Framework maps out students’ development as they move through Years 9 - 11.  

Within each subject, at the end of a phase of learning (ie. topic, unit or skill), students will be evaluated using these indicators: Emerging, Developing, Proficient, Advancing.  For more information about what these mean, please see the Year 9 - 11 section of our website. 

In 11 Commerce you will have a wide range off evaluations that could be writing an essay, preparing a presentation, reflecting on prior work, drawing graphs or making presentations about a research topic.