Twizel Area School Twizel Area School

NCEA Level 2 Economics

2ECO
Course Description

Teacher in Charge: Mrs M. O'Carroll.

Recommended Prior Learning

Students should have a reasonable level of literacy.


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.




Learning Areas:

Year 12, Commerce, Distance Learning, Mathematics


Pathway

NCEA Level 3 Economics

Career Pathways

Accountant, Auditor, Actuary, Finance Manager, Retail Manager, Statistician, Economist, Financial Adviser, Mortgage Broker