L3 Economics

L3ECON
Course Description

Teacher in Charge: Mr K. Hansen

This course is designed to provide students with an understanding of the basis of Economics before embarking on a career or tertiary study. Students’ statistical thinking, investigative and economic decision making skills will be developed. 

Students will analyse the behaviour of firms/ businesses and how these decisions interact with consumer behaviour, market responses to change and macroeconomic activity and government policies and their effect on society.

This course will be assessed to NCEA L3 Economics Achievement Standards. Assessment is a combination of both internally and externally assessed standards. Students will have the opportunity to gain up to 18 NCEA credits at L3.


Course Costs

Field trip to Wellington: 3 days (including a weekend day) $490. Workbook plus e-Learning Economics $47.00. Total $537


Required Prior Learning

Entry is subject to gaining 12 credits in L2 Economics or the equivalent in L2 English or Maths or another L2 Social Science course or at the discretion of the HOD. Students do not need to have studied Economics previously to take this course.


Course 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
Approved subject for University Entrance

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.