ECO121

Economics 121 - Te Mātauranga Ōhanga 121

Course Description

In Economics, students learn to make informed decisions based on what is happening around them. The learning focuses on individual firms, consumers and markets. Students will complete a case study on a local firm to investigate how events/decisions such as a change in taxes, natural disasters or overseas demand, effects the firm and NZ economy. 

This course is only available in Semester 2.

Pathway

Credit Information

Total Credits Available: 11 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 3 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90985 v3
NZQA Info
Economics 1.3 - Demonstrate understanding of producer choices using supply
Level: 1
Internal or External: External
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90986 v3
NZQA Info
Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
5
5
5
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90988 v3
NZQA Info
Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 11
Total Level 1 Literacy Credits: 11
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0