NCEA Level 1 with Achievement Standards
While not required it is recommended to have completed Year 10 Economics
“Achieved” grades throughout Year 10 English and Mathematics courses strongly recommended.
An Introduction to elementary accounting concepts including definitions, processes and communication of accounting information.
Scarcity is the basic economic problem faced by individuals, groups and countries. Scarcity results from the fact that our wants are unlimited, but unfortunately our means are limited.
Students will study concepts related to consumer choice and demand. They will also study how consumers, producers and government choices affect society, using market equilibrium.
AS 90987 - Demonstrate understanding of a government choice where affected groups have different viewpoints 4 credits
AS 90988 - Demonstrate the understanding of the interdependence of sectors of the New Zealand economy 3 credits
Internal - Accounting
As 90981 - Make a financial decision for an individual or a group
Externals - Economics
AS 90983- Demonstrate understanding of consumer choices, using scarcity and/or demand 4 credits
AS 90986 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium 5 credits