2ECO

NCEA Level 2 Economics

Course Description

Teacher in Charge: Mrs M. O'Carroll.

NCEA Level 2 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.


This course gives students the opportunity to explore major economic issues such as economic growth, unemployment, trade and inflation. Students develop the skills to define and measure these and analyse their causes and effects in the context of the New Zealand economy.

Students learn to use and evaluate economic models. The role of the government in the economy and the consequences of government policies are also explored. Students examine the interdependent nature of economies and compare and contrast the varying impacts of economic forces on different groups in society. This gives students a greater understanding of economic events and trends.



Recommended Prior Learning

Students should have a reasonable level of literacy.

Pathway

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 26 credits.
Externally Assessed Credits: 12 credits.
Internally Assessed Credits: 14 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info
Economics 2.2 - Analyse international trade using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info
Economics 2.3 - Analyse economic growth using economic concepts and models
Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91226 v2
NZQA Info
Economics 2.5 - Analyse statistical data relating to two contemporary economic issues
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact
Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
Credit Summary
Total Credits: 26
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0