Level 3 Economics
Course Description
This course examines topics of obvious importance to human well-being. This will be applicable to areas such as education, health, business and the environment. This course will cover most concepts required for a first year commerce degree in any commerce related field including finance, management, marketing, or economics. The focus is on markets, allocative efficiency and equilibrium.
Course Overview
Term 1
Level 2 Recap followed by a study of marginal utility, elasticity and elasticity of supply.
Term 2
A study of markets and externalities.
Term 3
A study of macro-economic concepts.
Term 4
Revision
Recommended Prior Learning
Level 1 or 2 Economics
Equipment/Stationery
Workbook highly recommend ($25)
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
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.
Disclaimer
this information may vary