Bayfield High School
Assessment Policy & Procedures Career Pathways
Level 3 Economics
13ECO Course Description Recommended Prior LearningLevel 1 or 2 Economics
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
Assessment Policy & Procedures Career Pathways
Policy Analyst, Tertiary Lecturer, Secondary School Teacher, Actuary, Economist, Statistician
Equipment/StationeryWorkbook highly recommend ($25)