NCEA Level 1 Economics
11ECO Subject DescriptionTeacher in Charge: Mrs S. Hamilton
Economics 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.
Pathway Recommended Prior Learning
Year 10 Business Studies is an advantage, but not compulsory.
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. 90985 v3 Economics 1.3 - Demonstrate understanding of producer choices using supply | 1 |
E |
3 |
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: 20 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 8 credits.