Level 1 Economics
Teacher in Charge: Mr P. Cowley
The standards offered in this course may be altered at the discretion of the Head of Department.
At Year 11, key economic conceptual understandings related to scarcity are introduced. Students gain an understanding of everyday microeconomics choices consumers, producers, and government need to make, because of scarcity, and the implications of these choices for society. Students are introduced to the supply and demand model, using it to support predictions they make about the effect of choices on society.
Recommended Prior Learning
This course is eligible for subject endorsement.
Total Credits Available: 21 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 9 credits.
Further assessment opportunities will not be offered for this standard inline with NZQA guidelines
Courses will only run based on minimum entries
Selecting a course does not guarantee entry into this course
You may apply for an exemption if you do not meet the prerequisites of a course or if the course requires this for entry
Standards offered can be altered at the discretion of the HOF or HOD of the Department
Some standards in NCEA courses might be optional depending on student strengths