Whangarei Girls’ High School

Year 11 Economics

Course Description

The course studies a range of economic issues for producers in New Zealand and how they use this to make decisions about what to produce and how much to charge customers. Students develop an awareness of the factors producers have to consider around their production processes, staff and other resources including laws and regulations, how competitors can impact on them, costs and revenues. It will enable students to understand the impact of these decisions on New Zealand and on stakeholders such as their employees, suppliers and whanau.

Learning Opportunities

In this course you will need to:

Develop these skills:	Explore this content:
Communicating economic ideas and opinions through critical thinking.	How do producers decide what to make and how much to charge?
Using economic models.	How do producers know if they will make any money?
Interpreting information and drawing conclusions.	How many staff should they employ?
Research primary and secondary sources.	What is the best organisational structure to use?
	What about competitors, laws and regulations? How does this impact on producer decisions?

Year Levels/Departments:

Year 11, Business, Money and the Economy

Resources Required

1 1B8 Exercise Book