12ECO

Level 2 Economics

Course Description

Teacher in Charge: Miss K. Easton.

Level 2 Economics

In Level 2 Economics, students will continue developing their critical thinking, investigative, statistical, and decision-making skills, building upon the foundations from Level 1 Commerce. The course will focus on exploring contemporary Macroeconomic issues of inflation, unemployment, growth, and government policies affecting our economy.


Throughout the course, students will utilise models to comprehend cause-and-effect relationships in economic contexts. An essential aspect of this level involves recognising the interconnected nature of the New Zealand economy. By examining the impact of government policies designed to address current economic challenges, students will gain insight into how these measures affect different societal groups.

The course comprises two internally assessed achievement standards and two end-of-year external examinations. This comprehensive curriculum aims to equip students with a deeper understanding of Economics and its real-world application.

Embark on a journey into the realm of Economics, where you can elevate your analytical and problem-solving capabilities by comprehending fundamental economic principles and policies.     

Course Overview

Term 1
2.1 Inflation (External)
2.4 Unemployment (Internal)

Term 2
2.4 Unemployment (Internal)
2.3 Growth (External)

Term 3
2.6 Government Policies (Internal)

Term 4
Revision for Exams

Entry Criteria

Entry into Level 2 Economics requires successful completion of a Year 11 course in Commerce.

Students must also meet the requirements to study for a Level 2 NCEA Award.

Equipment/Stationery and Course Costs

This course makes significant use of digital learning material at various times during the year. It is advantageous for a student to have a laptop during these times. Some learning activities, including assessments, will not be able to be completed without a laptop.

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 NCEA Course Endorsement.

Total Credits Available: 18
Internal Assessed Credits: 10
External Assessed Credits: 8
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info

Economics 2.1 - Analyse inflation using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info

Economics 2.3 - Analyse economic growth using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info

Economics 2.4 - Analyse unemployment using economic concepts and models


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info

Economics 2.6 - Analyse how government policies and contemporary economic issues interact


Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0

Disclaimer

Course selection does not guarantee a course will be available or that you have approval to take a course. Final course confirmation is in January and depends on your final results and in rare cases, staff availability.