ECO3
Economics NCEA 3
Course Details
Level 3 Optional 18-24 CreditsPurpose:
To enable students to gain a high level of economic understanding and a continuing interest in contemporary economic issues. Sections dealt with include: A study of the market; the role of the Government in providing goods and services; and a macro-economic view of the economy as a whole.Entry Requirements:
12 Credits in ECO2 or in both ENG2 or ENE2 and MTA2 or MPS2 including 1 external standard in each and HOF/TIC approvalLeads To:
U.E. ApprovedAvailable Standards
Some or all of the following will be offered:
| Standard | Description | Level | Credits | Assessment |
|---|---|---|---|---|
| 91399 | Demonstrate understanding of the efficiency of market equilibrium | 3 | 4 | External |
| 91400 | Demonstrate understanding of the efficiency of different market structures using marginal analysis | 3 | 4 | External |
| 91401 | Demonstrate understanding of micro-economic concepts | 3 | 5 | Internal |
| 91402 | Demonstrate understanding of government interventions to correct market failures | 3 | 5 | Internal |
| 91403 | Demonstrate understanding of macro-economics influences on the New Zealand economy | 3 | 6 | External |