Level 3 Economics
Course Description
Teacher in Charge:
You will learn:
• changes in society and the economy impact on inflation, growth, unemployment and trade.
• government policies can be used to improve economic, social and sustainability outcomes for society.
• market efficiency and welfare economics influence resource allocation and how firms and markets operate.
• economic models and theories can be used to understand and explain how the real world functions.
Recommended Prior Learning
Beneficial to have completed 12ECO.
A good level of English language competency is needed for success in this course.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 20
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Disclaimer
* PLEASE NOTE
For senior courses, standards listed are indicative only and are subject to change.