NCEA Level 2 Economics
Subject Description
Teacher in Charge: Mr E. Meredith.
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.
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.
Contributions and Equipment/Stationery
$300 (approx.) for Wellington field trip
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
Economics 2.1 - Analyse inflation using economic concepts and models
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Economics 2.2 - Analyse international trade using economic concepts and models
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Economics 2.3 - Analyse economic growth using economic concepts and models
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Economics 2.4 - Analyse unemployment using economic concepts and models
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Economics 2.5 - Analyse statistical data relating to two contemporary economic issues
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Economics 2.6 - Analyse how government policies and contemporary economic issues interact
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Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy