Level 3 Economics

13ECO
Course Description

Teacher in Charge:

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

Equipment/Stationery

Workbook highly recommend ($25)


Recommended Prior Learning

Level 1 or 2 Economics


Credit Information
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
3
E
4
Y
4r,4w *
A.S. 91401 v2 Economics 3.3 - Demonstrate understanding of micro-economic concepts
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
3
I
5
Y
5r *
A.S. 91403 v2 Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
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.

Disclaimer

this information may vary