Level 1 Economics

1ECO
Subject Description

Teacher in Charge: Ms K. Browning

Are you thinking about a career in business, marketing, or politics? If you are, think Economics! In this course you’ll learn what markets are all about, how buyers and sellers negotiate a ‘fair’ price, and how government decisions can affect it all. You’ll be drawing graphs, thinking logically, explaining your ideas, and understanding (some of!) what our politicians are saying. You’ll also learn just how much Ms Browning likes chilli chocolate.


Pathway

Level 2 Economics

Credit Information

This course is eligible for subject endorsement.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
1
E
4
Y
A.S. 90984 v3 Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
1
I
5
Y
A.S. 90986 v3 Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
1
E
5
Y
A.S. 90988 v3 Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
1
I
3
Y
Total Credits

Total Credits Available: 17 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 8 credits.