ECONOMICS 31F - Full Year
Course Description
Teacher in Charge: Mr J. Warren.
The course leads on from Economics 21F.
It covers three major issues.
1/ Micro-Economics - This looks at the issues affecting individual people and individual businesses.
2/ Macro-Economics - This covers the whole New Zealand economy. Students learn how factors like the money supply can affect the economy.
3/ Government Economics - Students will learn how the government manages the economy.
Future Possibilities
Economics at University and Polytechnic.
Economics is also important for those students interested in running their own businesses in the future or students wanting to develop management and financial skills.
If a student achieves 14 Level 3 credits in this course it will be counted as an approved subject for University Entrance.
Recommended Prior Learning
None although having studied Economics 21F is an advantage.
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.
This course is approved for University Entrance.
External
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
NZQA Info
Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 24
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.