13ECO

Level 3 Economics

Course Description

Teacher in Charge: Mr B. Megson

ECONOMICS - YEAR 13
NCEA LEVEL 3
CODE: 13ECO

This course is designed to provide students with an understanding of the basics of Economics before embarking on a career or tertiary study. Students’ statistical thinking, investigative and economic decision-making skills will be developed. Students will analyse the behaviour of firms and consumer behaviour, market responses to change and macroeconomic activity and government policies and their effect on society.

An Economics degree in tertiary study combines nicely with many other subjects in other degrees. 



Entry Requirements


Although helpful, no previous knowledge of Economics is necessary for study at all levels. Please seek advice and approval from the Head of Commerce. 

Supplementary Materials/ Equipment

$27 Optional workbook

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 24 credits.
Externally Assessed Credits: 14 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91399 v2
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91400 v2
NZQA Info
Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91401 v2
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91402 v3
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91403 v2
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0
Credit Summary
Total Credits: 24
Total Level 1 Literacy Credits: 24
Total University Entrance Literacy Credits: 24
Total Numeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 24

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

Course Selection is confirmed at the start of 2022.  You can change the courses you have selected up until the start of next year provided there are still spaces in the course you wish to change to.

Some courses may become unavailable due to the number of students taking the courses or changes in staffing.

New courses may also be introduced, in which case you will be notified and given the opportunity to select the new course.

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