NCEA Level 2 Economics
12ECO Subject DescriptionTeacher 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.
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 91222 v2 Economics 2.1 - Analyse inflation using economic concepts and models | 2 |
E |
4 |
Y |
4w |
|
| A.S. 91223 v2 Economics 2.2 - Analyse international trade using economic concepts and models | 2 |
E |
4 |
Y |
4w |
|
| A.S. 91224 v2 Economics 2.3 - Analyse economic growth using economic concepts and models | 2 |
E |
4 |
Y |
4w |
|
| A.S. 91225 v2 Economics 2.4 - Analyse unemployment using economic concepts and models | 2 |
I |
4 |
Y |
||
| A.S. 91226 v2 Economics 2.5 - Analyse statistical data relating to two contemporary economic issues | 2 |
I |
4 |
Y |
Y |
|
| A.S. 91227 v2 Economics 2.6 - Analyse how government policies and contemporary economic issues interact | 2 |
I |
6 |
Y |
6r |
|
| A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy | 3 |
E |
6 |
Y |
6r,6w * |
|
Total Credits |
||||||
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.
Total Credits Available: 32 credits.
Externally Assessed Credits: 18 credits.
Internally Assessed Credits: 14 credits.