Level 3 Economics
Although next year timetables are yet to be finalised, course selection is now finished. Any changes to student courses will now take place in January.
Course Description
Teacher in Charge: S Pats 1.
This course is available at St Patrick's College.
OBJECTIVES:
On completing this course students will:
•Gain a working knowledge of economic skills and techniques used to interpret economic information
•Present and interpret economic data
•Understand economic relationships
•Appreciate the reasons for and wisdom of government intervention.
•Understand relationships in the economy as a whole.
COURSE CONTENT
The course encompasses three sections:
•Section A: The economic problem relating to scarcity and allocation
•Section B: The framework for State intervention
•Section C: The aggregate economic activity and policy
Recommended Prior Learning
Ideally, 16 credits at Level 2 economics.
Candidates new to economics are welcome, at the discretion of the HoD
Equipment/Stationery
Students are required to purchase from the College the Workbooks which accompany this subject at a cost of $45.
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
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
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 the three subjects.