This course requires 2 options.
Level 3 Economics
Subject Description
Teacher in Charge: Ms K. Browning.
Looking ahead to a career in business, finance, or government policy? Aiming for a degree/diploma in Commerce? Then 3 Economics will give you the advantage you need! In this course we look at market forces, consumer choice, and the decision-making of firms. We also look at market failure and the role of government in our economy. If that all sounds like a foreign language to you, don’t worry: by the end of the course it won’t. You’ll be able to interpret and comment on current economic issues, explain your economic thinking logically and clearly, and maybe even run for Prime Minister ;)
[Yes, this course gives you both reading and writing credits towards University Entrance. Woohoo!]
Recommended Prior Learning
Literacy and Numeracy NCEA Level 2 are required - or approval must be given by Ms Browning. Please consult with her. Students who have taken Level 2 Economics will be at a significant advantage.
Pathway
If you are considering studying Commerce at university/polytechnic, you will be at a real advantage if you have taken 3 Economics. Students who have taken first-year Economics at university/polytechnic (a requirement of most Commerce degrees) have been in touch to say it was much easier for them after having taken 3 Economics at school.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
This course is approved for University Entrance.
External
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
NZQA Info
Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 18
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.