ECO1
Economics NCEA 1
Course Details
Level 1 Optional 17-20 CreditsPurpose:
To improve students understanding of the economic forces that shape our world. The course covers how producers and consumers interact to achieve their goals. It shows how to make good decisions so consumers can get the most out of their resources.Leads To:
ECO2Available Standards
Some or all of the following will be offered:
| Standard | Description | Level | Credits | Assessment |
|---|---|---|---|---|
| 90983 | Demonstrate understanding of consumer choices, using scarcity and/or demand | 1 | 4 | External |
| 90984 | Demonstrate understanding of decisions a producer makes about production | 1 | 5 | Internal |
| 90985 | Demonstrate understanding of producer choices using supply. | 1 | 3 | External |
| 90986 | Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium. | 1 | 5 | External |
| 90988 | Demonstrate understanding of the interdependence of sectors of the New Zealand economy | 1 | 3 | Internal |