ECONOMICS 31F - Full Year
ECO31F Course DescriptionTeacher in Charge: Mr J. Warren
The course leads on from Economics 21F.
It covers three major issues.
1a. Micro-Economics - This looks at the issues affecting individual people and individual businesses.
b. Macro-Economics - This covers the whole New Zealand economy. Students learn how factors like the money supply can affect the economy.
2. Government Economics - Students will learn how the government tries to manage 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.
Contributions and Equipment/Stationery
$30.00 for workbook.
Recommended Prior Learning
None although Economics 21F is an advantage.
Credit Information
| Assessment | Level |
Internal or External |
Credits |
L1 Literacy Credits | UE Literacy Credits | Numeracy Credits |
|---|---|---|---|---|---|---|
| A.S. 91399 v2 Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium | 3 |
E |
4 |
Y |
4r,4w * |
|
| A.S. 91400 v2 Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis | 3 |
E |
4 |
Y |
4r,4w * |
|
| A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts | 3 |
I |
5 |
Y |
5r * |
|
| A.S. 91402 v3 Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes | 3 |
I |
5 |
Y |
5r * |
|
| 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: 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.
Total Credits Available: 24 credits.
Externally Assessed Credits: 14 credits.
Internally Assessed Credits: 10 credits.