12ECO

NCEA Level 2 Economics

Subject Description

Teacher in Charge: Mrs S. Hamilton

The focus at Level 2 is Macro-economic Concepts. Students use economic models and concepts to analyse causes and effects of the major issues of: growth, unemployment, inflation and trade.

Typically students will complete two internal assessments (unemployment and government policies) worth 10 credits then choose two of the three external topics (inflation, trade and growth) worth 8 credits.

Other standards listed below depend on the students prior learning, current programme of study and future intentions.


Pathway

Contributions and Equipment/Stationery

$300 (approx.) for Wellington field trip

Recommended Prior Learning

This course is independent from Level 1 Economics. Students may begin study at Level 2 provided they have gained Level 1 NCEA, including achievement standard literacy and numeracy requirements.

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 32 credits.
Externally Assessed Credits: 18 credits.
Internally Assessed Credits: 14 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade using economic concepts and models
4
4
4
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info
Economics 2.3 - Analyse economic growth using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91226 v2
NZQA Info
Economics 2.5 - Analyse statistical data relating to two contemporary economic issues
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 91227 v2
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact
6
6
6
Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
A.S. 91403 v2
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0
Credit Summary
Total Credits: 32
Total Level 1 Literacy Credits: 32
Total University Entrance Literacy Credits: 24
TotalNumeracy Credits: 4

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 6

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.