NCEA Level 1 Economics

NCEA Level 1 Economics is available through Te Kura.

Economics is a social science about people and how they use resources. By studying economics, students become aware of the roles that individuals play in an economy, increase their understanding of economic events and improve their own decision making. 

Students explore the interactions between producers, consumers and governments and the impact economic decisions can have on society. Economics encourages ākonga to think critically and independently about business, economic and social issues. This subject leads to careers in a range of fields including social policy and planning, business and financial management.

In this course, students learn about producer and consumer choices, interactions between households and firms, how economic decisions are made, and the effects these choices have on individuals and the economy.

Students are introduced to the way producers work and the concept of a market that determines prices and allocates scarce resources. We are all involved in economics as producers or consumers and this course provides an understanding of our different roles in this process.