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Christ’s College
Canterbury
38
ECONOMICS
YEAR 11
Status
Optional
Prerequisites
Students are recommended
to have soundmathematical and
English comprehension skills
Periods per week
Four
Description
This is a practical course concentrating on
consumers, producers and themarket. It helps
students to recognise and understand the various
relationships between consumers and producers,
and how these groups interact in themarket place.
It identifies the characteristics of households,
businesses and government, and how scarce
resources are allocated via the pricemechanism.
The emphasis is on developing thinking, statistical
(particularly graphical andmathematical) and
decision-making (economic models) skills.
Assessment
This course contributes towards the National
Certificate in Educational Achievement. 12 of the
credits are externally assessed by examination.
The following NCEA Level 1 achievement standards
will be assessed.
AS 90983
Demonstrate understanding of consumer choices
using scarcity and/or demand. (4 credits – external)
AS 90984
Demonstrate understanding of decisions a
producer makes about production.
(5 credits – internal)
AS 90985
Demonstrate understanding of producer choices
using supply. (3 credits – external)
AS 90986
Demonstrate understanding of how consumer,
producer, and/or government choices affect society,
using market equilibrium. (5 credits – external)
AS 90988 (If time allows)
Demonstrate understanding of the
interdependence of sectors of the New Zealand
economy. (3 credits – internal)
YEAR 12
Status
Optional
Prerequisites
12 credits achieved in Level 1
NCEA Economics (7 credits -
external) or if this is the first year
taking this subject 60 credits
achieved in the student’s top four
subjects in NCEA Level 1 and by
recommendation of the HOD
Commerce.
Periods per week
Five
Description
This course investigates the issues of employment,
inflation, growth and trade confronting our
economy. The course begins with a basic conceptual
introduction to Economics, and identification of the
underlying principles of the subject.
The aim is to provide students with a better
understanding of government policy and consumer
and producer decision-making in the context of the
five major economic issues.
Assessment
This course contributes towards the National
Certificate in Educational Achievement. 12 of the
18 credits are externally assessed by examination,
the remaining 6 credits are internally assessed.
AS 91222
Analyse inflation using economic concepts and
models. (4 credits – external)
AS 91223
Analyse international trade using economic
concepts and models. (4 credits – external)
AS 91224
Analyse economic growth using economic concepts
and models. (4 credits – external)
AS 91227
Analyse how government policy and contemporary
economic issues interact. (6 credits – internal)
YEAR 13
Status
Optional
Prerequisites
12 credits achieved in Level 2
NCEA Economics or, if taking this
subject for the first time, 60
credits achieved in the student’s
top four subjects in NCEA Level 2
and by recommendation of the
HOD Commerce.