Level 1 Economics

Economics is a social science involving the study of people and their activities relating to production, consumption and exchange. It covers the behaviour of individuals, their work decisions of what to produce, where to locate and how to market, and the activities of government. The subject also explores major economic issues such as employment, inflation, budget deficits, trade, economic growth and government policies. Economics develops analytical and critical thinking skills, and as students progress to more advanced levels at St John's College, they will have the opportunity to specialise in varied areas such as financial markets, game theory, labour and environmental economics.

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