10 Commerce
10COM Course DescriptionTeacher in Charge: Mr A. Munro
Commerce
This course is an introduction to the studies of Economics, Business and Accounting. The course:
i) Enables learners to understand how an economy works. Learners build up an economic simulation in the classroom to explore how consumers in New Zealand make economic decisions about:
· earning income
· the value of savings
· spending
· borrowing
· improving personal net worth
ii) Develops Financial Literacy skills through a series of realistic assignments where the learners research and learn about
· personal budgeting
· financial decision-making
iii) Develops a practical understanding of enterprise and business. Learners complete the Level 1 NCEA Business Studies Achievement Standard “Carry out and review a product-based business activity within a classroom context with direction” (6 Credits). This course delivers 6 Literacy credits.
Course Overview
Term 1
1) Economic Simulation
. economic concepts
. earning income
· the value of savings
· spending
· borrowing
. insurance
· improving personal net worth
Term 2
1) Budgeting & Decision-making
2) Business Activity (planning for Market Day)
Term 3
1) Business Activity continued
Term 4
1) Special Research Project - Economic Issues
Pathway
NCEA Level 1 Accounting 101, NCEA Level 1 Economics 101
Contributions and Equipment/StationeryOne half day to prepare and attend the Tawa College Y10 Market Day held at College in the hall. Learners may be required to contribute funds towards their group business activity.