2ECO

Level 2 Economics

Course Description

This course studies a range of economic issues from employment, growth, inflation and trade. Students develop an awareness of  'Cause and Effect' relationships and policies involved in these issues and their impact on various groups in the economy. It will enable them to understand the issues that impact on the New Zealand economy and the influence they have on the individual and their families.

Learning Opportunities

In this course you will need to:

Develop these skills:Explore this content:
  • Communicating economic ideas and opinions through critical thinking.
  • How unemployment affects us all as a society.

  • Using economic models.
  • Why are prices rising?
  • Interpreting information and drawing conclusions.
  • Why the Government can’t just print more money.
  • Construct understanding of the different perspectives on economic issues and policies
  • How the Government tries to influence the economy.

  • Is economic growth really that important?


Credit Information

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

This course is eligible for subject endorsement.

Total Credits Available: 18
Internal Assessed Credits: 10
External Assessed Credits: 8
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. 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. 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: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0