Level 1 Economics
11ECO Course DescriptionTeacher in Charge: Mr S. Healy
NCEA Level One is an introduction to Economics where students will begin to gain an understanding of the complexities of the New Zealand Economy and the decisions consumers, producers and societies make with the means of production.
The course is a full year general introduction to Economic Ideas.
1. Business and Producers in the Economy
2. Consumers in the Economy
3. The Working of the Market
Pathway Contributions and Equipment/Stationery
$45 for the workbook and a personal subscription to the Elearn Website.
2B8 exercise book, Blue or Black pens, Ruler, Highlighters, Refill, Clearfile.
Recommended Prior Learning
Results from Year 10 will used to assess capability for external assessment
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. 90988 v3 Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy | 1 |
I |
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. 90985 v3 Economics 1.3 - Demonstrate understanding of producer choices using supply | 1 |
E |
3 |
Y |
||
| A.S. 90984 v3 Economics 1.2 - Demonstrate understanding of decisions a producer makes about production | 1 |
I |
5 |
Y |
||
| A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand | 1 |
E |
4 |
Y |
||
Total Credits |
||||||
Total Credits Available: 20 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 8 credits.
Office Manager, Accounts Officer, Banking, Insurance, Business Consultant, Mortgage Broker, Retail Buyer, Accountant, Auditor, Finance Manager, Financial Adviser, Currency Dealer, Economist, Statistician, Secondary School Teacher, Tertiary Lecturer, Property Manager, Real Estate, Valuer, Business Owner, Business Manager, Advisor, Consultant, Policy Analysis, Business Journalist, Elected Government Representative, Barrister, Judge, Legal Executive, Solicitor