11EBS

Level 1 Economics and Business Studies

Course Description

Teacher in Charge: Mr B. Megson

ECONOMICS & BUSINESS STUDIES – YEAR 11
NCEA LEVEL 1
CODE: 11EBS

Economics is the study of how people as individuals and groups satisfy their needs by allocating and managing scarce resources. There are many career options either within Economics, in the private sector or with government agencies, both within New Zealand and overseas. It also enables you to enter the workforce as an employee or become a self-employed entrepreneur. 

The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. The knowledge and skills gained in Business Studies can help shape ‘creative, energetic and enterprising young people’ who will contribute to New Zealand’s economic future.

Students will also do a “Market Day” using real money to hopefully make a profit. This standard is worth 6 credits.




Supplementary Materials/ Equipment

$25 Optional workbook

Pathway

Credit Information

This course is eligible for subject endorsement.

Total Credits Available: 21 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 9 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90840 v3
NZQA Info
Business Studies 1.4 - Apply the marketing mix to a new or existing product
3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90842 v2
NZQA Info
Business Studies 1.6 - Carry out and review a product-based business activity within a classroom context with direction
Level: 1
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90983 v3
NZQA Info
Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
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
Credit Summary
Total Credits: 21
Total Level 1 Literacy Credits: 21
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Disclaimer

Course availability is dependent on numbers and staffing, and course entry will be confirmed at the beginning of 2021. Students will be required to select additional back-up courses as part of this process.

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