ECO3 - Economics

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
Level:
NCEA 3
Type:
Optional
Duration:
Full Year
Invitation Only:
No
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.

Available Standards:

Some or all of the following will be offered
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
Other courses in Economics:

(*) Last Reviewed: July 31, 2019

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