NCEA Level 3 Economics
Level 3
Number of Credits: 20

Entry Recommendations: Open entry NCEA Level 2 Economics is  recommended by not required.

Course Outline:  A study of economics enables students to participate effectively in economic activity and contribute to their future economic well-being.  This course takes a theoretical approach to micro and macro-economics in the economy. Students will be able to apply economic theory to a variety of economic situations presented to them.

Skills developed in the course: Graphing

  • Literacy
  • Critical thinking
  • Analysing and interpreting information
  • Communicating information
  • Problem solving
  • Decision-making

Course Costs: Approximately $50 for workbooks and revision booklets appropriate to the course.

Assessment

AS 91399
Demonstrate understanding of the efficiency of market equilibrium
4 Credits
Literacy
Examination
 
AS 91401
Demonstrate understanding of microeconomic concepts
5 Credits
Literacy
Written portfolio
Assessment Period - Term 1, Weeks 5, 7, 9
AS 91402
Demonstrate understanding of government interventions to correct market failures
5 Credits
Literacy
Written report
Assessment Period - Term 2, Week 9
AS 91403
Demonstrate understanding of macroeconomic influences on the New Zealand economy
6 Credits
Literacy
Examination
 
Level 3 Economics