Otumoetai College Otumoetai College

L3 Economics

L3ECON
Subject Description

Teacher in Charge: Mr K. Hansen.

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.



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.


Learning Areas:

Social Science


Assessment Procedures


			
					
					Subject Costs
										

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