Level 1 Economics and Business Studies

11EBS
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.




Pathway

Level 2 Economics

Supplementary Materials/ Equipment

$25 Optional workbook


Credit Information

This course is eligible for subject endorsement.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90840 v3 Business Studies 1.4 - Apply the marketing mix to a new or existing product
1
I
3
Y
A.S. 90842 v2 Business Studies 1.6 - Carry out and review a product-based business activity within a classroom context with direction
1
I
6
Y
A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
1
E
4
Y
A.S. 90985 v3 Economics 1.3 - Demonstrate understanding of producer choices using supply
1
E
3
Y
A.S. 90986 v3 Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
1
E
5
Y
Total Credits

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

Pathway Tags

Cook, Mining Engineer, Accountant, Auditor, Actuary, Finance Manager, Retail Manager, Statistician, Baker, Hotel/Motel Manager, Cafe Worker, Property Manager, Butcher, Waiter/Waitress, Cafe/Restaurant Manager, Urban/Regional Planner, Kitchenhand, Chef, Elected Government Representative, Event Manager, Quantity Surveyor, Demonstrator, Dietitian, Foreign Policy Officer, Workplace Relations Adviser, Sports Coach/Official, Early Childhood Teacher, Environmental Scientist, Economist, Human Resources Adviser, Energy/Carbon Auditor, Financial Adviser, Food Technologist, Forestry Scientist, Health Promoter, Health Services Manager, Mortgage Broker, Nanny/Child Carer, Policy Analyst, Real Estate Agent, Secondary School Teacher, Valuer


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.