12ECO

Level 2 Economics

Course Description

Teacher in Charge: Mr B. Peel

Year 12 Economics allows you to understand the big questions that all countries must address – how to improve international trade and economic growth, control inflation and unemployment. We also give you the opportunity to suggest government policy to address economic problems.

This course will be of particular interest to those considering careers in journalism, financial services (such as banking and investment management) and public policy (such as national or local government).

You will also get the chance to travel to Wellington to visit all the major government departments. Opportunities for extension students include the RBNZ Monetary Policy Challenge and NZ Economics Competition.

You will learn to:
• predict and analyse inflation, growth and trade in New Zealand
• explain recessions, booms and depressions
• use economic data to describe how well the New Zealand economy is performing
• debate government policies – get your ideas out there


Pathway

Contributions and Equipment/Stationery

Workbook costing approximately $41 and a trip to Wellington costing approximately $450 (includes two nights' accommodation and flights)

Recommended Prior Learning

A minimum of 7 credits in level 1 Economics Achievement Standards or at the discretion of the Head of Department.

Credit Information

Total Credits Available: 22 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91227 v2
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact
6
6
6
Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r
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: Y
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: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade using economic concepts and models
4
4
4
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
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: Y
University Entrance Literacy Credits: 4w
Numeracy Credits: 0
Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 22
Total University Entrance Literacy Credits: 18
TotalNumeracy Credits: 0