Level 2 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.

The Level 2 course is a full year introduction to Macro-Economics and the New Zealand economy. Students will explore the following key issues:

1. Price Stability

2. Trade and the Balance Of Payments

3. Economic Growth

4. Unemployment

5. Government Policies and the New Zealand economy

 Students will be expected to keep current with developments in the New Zealand economy and the wider world in which New Zealand trades.