Scholarship Economics

Students will use knowledge of micro-economic and macro-economic theory to produce and effectively communicate a sophisticated economic analysis in a contemporary New Zealand context.

Scholarship Performance Indicators

Students will demonstrate aspects of high level:

• analysis and critical thinking
• integration, synthesis, and application of highly developed knowledge, skills, and understanding to complex situations
• logical development, precision and clarity of ideas.

Outstanding Scholarship Performance Indicators

In addition to the requirements for Scholarship, students will also demonstrate, in a sustained manner, aspects of: 

• perception and insight 
• sophisticated integration and abstraction 
• independent reflection and extrapolation 
• convincing communication.

Format of the Assessment

There is an examination that consists of 3 questions, all of which should be attempted. Questions may relate to either micro-economic theory or macro-economic theory. Resource materials, designed to assist candidates in developing their answers, will be provided for each question. Usually there is one question relating to Level 3 AS91399, AS91400 and AS91401, one question relating to Level 3 AS91402, and one question relating to Level 3 AS91403.

The curriculum examined will include the Economics achievement objectives up to and including Level 8 of the New Zealand Curriculum (i.e. including L1–L3 NCEA Economics achievement standards). A detailed understanding of all Level 2 standards is expected.