Level 1 Business Economics
Teacher in Charge: Mr B. Peel
Take your first steps into the world of economics, business and innovation. Does running your own business, selling products sound like what you would want to do in your class time? The profit you take home depends on how successful you are.
Add to that a solid grounding in all the basics of Economics – consumers, producers and the impact they have on the economy. Finally, what about looking at the most important recent events in New Zealand, analysing how they will impact the different sectors of the economy.
You will learn to:
• develop a business plan for a real business and sell products at Pakuranga Plaza
• develop marketing strategies for a new innovative product
• explain the wants and needs of consumers and the factors impacting on producers
• understand how major economic events impact on households, producers and the government
Contributions and Equipment/Stationery
Workbook costing approximately $40 and approximately $15 for trips.
As part of the course students are in groups conducting a business activity. There may be some financial contributions involved in setting this up. Students will be encouraged to fundraise for this.
Recommended Prior LearningOpen Entry
Total Credits Available: 24 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 12 credits.