NCEA Level 1 Commerce
Subject Description
Teacher in Charge: Mr E. Meredith.
Commerce is about how people and groups use limited resources to produce goods and services to meet unlimited wants and needs. This course looks at decisions at an individual and community level that affects students’ lives and considers issues of sustainability and interdependence of sectors of the economy. This course will also look at the fundamentals of Accounting.
This course will look at the relationships households have with producers, government and financial institutions, as well as the relationships producers have with the government and trading partners.
Recommended Prior Learning
Year 10 Business Studies is an advantage, but not compulsory.
Pathway
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.
External
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event