NCEA Level 3 Economics 301

ECO301
Course Description

Teacher in Charge: A. Munro

Economics 301
Level 3 Economics develops an in-depth appreciation of the workings of the New Zealand economy. The course develops the student’s prior understanding of the market and examines the role of the New Zealand Government in resource allocation. The Monetary Policy Challenge, where students experience the realistic simulation of deciding an appropriate monetary policy setting, may also be available. Level 3 Economics also complements the Business 301 Course.

UE Approved Subject


Contributions and Equipment/Stationery

Workbook


Recommended Prior Learning

Preferable: Level 2 Economics. Students who have not studied Economics at Level 2 will need permission from the TIC of Economics to take this course.


Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 91399 v2 Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
Assessments:
Term: , Week:
3
E
4
Y
4r,4w *
A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts
Assessments:
Term: , Week:
3
I
5
Y
5r *
A.S. 91402 v3 Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Assessments:
Term: , Week:
3
I
5
Y
5r *
A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Assessments:
Term: , Week:
3
E
6
Y
6r,6w *
Total Credits
Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 20

* 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.

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.