NCEA Level 1 Economics

11ECO
Subject Description

Teacher 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

NCEA Level 2 Economics

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.