13ECON
This course requires 1 option.

Year 13 Economics

Course Description

Teacher in Charge: Imraz Sahib

"We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission."
Ayn Rand

Economics is the study of how to make choices in using scarce resources to fulfilling unlimited wants. Economics educates individuals on how a country’s economy operates. It also deals with contemporary issues such as wage rates, unemployment, economic growth, population to name a few. All individuals for productive use of money earned require a good understanding of economics. Highly paid jobs are available for graduates in Economics.

Recommended Prior Learning

10+ Credits at L2 or English 10+ Credits at L2


Credit Information

Assessment Description
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91402 v2 Economics 3.4 - Demonstrate understanding of government interventions to correct market failures
3
I
5
Y
5r *
A.S. 91401 v1 Economics 3.3 - Demonstrate understanding of micro-economic concepts
3
I
5
Y
5r *
A.S. 91400 v2 Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
3
E
4
Y
4r,4w *
A.S. 91399 v2 Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
3
E
4
Y
4r,4w *
Total Credits

Approved subjects for University Entrance

Number of credits that can be used for overall endorsment: 18

* Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

9
13
 Construction & Infrastructure
 Manufacturing & Technology
 Primary Industries
 Services Industries
 Social & Community Services
 Creative Industries