Level 1 Commerce
Course Description
Teacher in Charge: Mrs D. Grobler.
Commerce is the use and exploration of accounting, economic and business concepts and models to make sense of society and solve problems. In this subject, ākonga will build the knwoledge, skills, and values they need to navigate, and participate in, the economic world. They will learn how participants in the economic world make decisions, and they will analyse how these decisions impact on sustainability.
Ākonga will learn that decision-making is necessitated by scarcity and that decisions are informed by a variety of cultural perspectives and lenses. Learning and assessment will examine Māori, Pacific, and different approaches to commerce, and business models from whānau and organisation contexts.
The standards offered in this course may be altered at the discretion of the Head of Department.
Course Overview
Term 1
Business Unit: Students will work in groups to create a product that reflects cultural heritage. They will then sell this product at a within school market with the view to earn profit for themselves and the community. This activity will provide evidence for an externally assessed business report.
Term 2
Accounting Unit: Students will build knowledge and understanding of introductory Accounting best practice and financial statements. Success in this Unit will be a prerequisite for entry into 12ACCO.
Term 3
Economics external: Students will gain insight into the interdependent relationships that exist in the community and how those relationships influence decision-making. Students will learn about economic modelling using circular flow and markets. This will provide evidence for an internally assessed project.
Success in this unit will be a prerequisite for entry into 12ECO.
Term 4
Revision and preparing for external examination in November
Pathway
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
External
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
Disclaimer
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