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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 approval |
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Level: NCEA 3 |
Type: Subject Choice |
Duration: Full Year |
Invitation Only: No |
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Assessment: Achievement Standard |
Credits: up to 24 |
Endorsement: Yes |
U.E. Approved: Yes |
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.
| Title | Description | Level | Credits | Assessment | U.E. Reading | U.E. Writing |
|---|---|---|---|---|---|---|
| 91399 | Demonstrate understanding of the efficiency of market equilibrium | 3 | 4 | External | Yes | Yes |
| 91400 | Demonstrate understanding of the efficiency of different market structures using marginal analysis | 3 | 4 | External | Yes | Yes |
| 91401 | Demonstrate understanding of micro-economic concepts | 3 | 5 | Internal | Yes | No |
| 91402 | Demonstrate understanding of government interventions to correct market failures | 3 | 5 | Internal | Yes | No |
| 91403 | Demonstrate understanding of macro-economics influences on the New Zealand economy | 3 | 6 | External | Yes | Yes |
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Last Reviewed: August 3, 2025
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