11ECO

Level 1 Economics and Business Studies

Course Description

Teacher in Charge: Mr B. Milne

Business activity affects the daily lives of all people, as they work, spend, save, invest, travel, and play. In this course, students will learn how a small business operates, how financial decisions are made and about basic economic concepts. Students will develop skills for working with people and for effective decision-making. This course includes a combination of Economics, Business Studies and basic Accounting, where students will learn about the NZ economy and their role in it.


Course Overview

Term 1
A general introduction to business and internal and external factors affecting businesses.

Term 2
A study of interdependence and producer decisions

Term 3
A study of the key concepts of demand, supply and markets.

Term 4
Revision

Equipment/Stationery

2B5 and 40 leaf clear file.

Pathway

Possible career pathways: Anyone wanting to be self-employed such as a business owner/operator, sales assistant, retail manager, economics, accountant, marketing assistant, accounts of bank clerk; anyone interested in the hospitality, tourism, marketing or management (human resources) industries, business or financial adviser, bank manager, lawyer. There are many jobs not listed that will also benefit from business knowledge, but may not necessarily be predominantly focussed on this industry.

Career Pathways

Credit Information

Total Credits Available: 20 credits.
Externally Assessed Credits: 9 credits.
Internally Assessed Credits: 11 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90837 v2
NZQA Info
Business Studies 1.1 - Demonstrate an understanding of internal features of a small business
4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90841 v2
NZQA Info
Business Studies 1.5 - Investigate aspects of human resource processes in a business
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90984 v3
NZQA Info
Economics 1.2 - Demonstrate understanding of decisions a producer makes about production
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90986 v3
NZQA Info
Economics 1.4 - Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium
5
5
5
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90988 v3
NZQA Info
Economics 1.6 - Demonstrate understanding of the interdependence of sectors of the New Zealand economy
3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 20
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

Useful Links

Disclaimer

this information may vary

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