Level 2 Economics
12ECO Course DescriptionTeacher in Charge: Mr S. Healy
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.
Pathway Contributions and Equipment/Stationery
$50 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
12 Credits level 1 Economics or approval from the HOF.
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. 91222 v2 Economics 2.1 - Analyse inflation using economic concepts and models | 2 |
E |
4 |
Y |
4w |
|
| A.S. 91223 v2 Economics 2.2 - Analyse international trade using economic concepts and models | 2 |
E |
4 |
Y |
4w |
|
| A.S. 91224 v2 Economics 2.3 - Analyse economic growth using economic concepts and models | 2 |
E |
4 |
Y |
4w |
|
| A.S. 91225 v2 Economics 2.4 - Analyse unemployment using economic concepts and models | 2 |
I |
4 |
Y |
4r |
|
| A.S. 91227 v2 Economics 2.6 - Analyse how government policies and contemporary economic issues interact | 2 |
I |
6 |
Y |
6r |
|
Total Credits |
||||||
Total Credits Available: 22 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 10 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, Policy Analyst, Barrister, Judge, Legal Executive, Solicitor.
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