1COM
This course requires 2 options.

Level 1 Commerce

Subject Description

Teacher in Charge: Mr B. Wedlake.

Are you thinking about a career in business, marketing, or politics? If you are, taking Commerce is a great first step!  You’ll learn the basics of Business Studies, Accounting and Economics, which branch into separate subjects from Level 2 and will give you what you need to enter the business world. You’ll learn how to prepare financial statements and use them to give business advice. You’ll learn how buyers and sellers negotiate a ‘fair’ price, and what difference the government makes. Throughout it all, decision-making is key. There are so many career possibilities for people with Commerce backgrounds - and here’s where it all starts!


If you have enjoyed Enterprise Studies or Business and Personal Finance in Year 10, you will find the Level 1 Commerce course is a good fit!

Pathway

Level 1 Commerce leads on to both Level 2 Accounting and Level 2 Economics. Students intending to continue in Commerce may choose to take either or both. Studying at Level 3 will open up multiple tertiary pathways in Commerce, all with strong career prospects.

Assessment Information

Students will be expected to sit at least three of these standards.

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.

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92028 v3
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 92029 v3
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92030 v2
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92031 v3
NZQA Info
Commerce 1.4 - Demonstrate understanding of the financial viability of an organisation
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5