2ECO

2 Economics

Course Description

Teacher in Charge: Mrs S. Nadan.

In this course we will analyse unemployment issues, analyse statistical data relating to economic issues and look at how government policies and contemporary economic issues interact. Students will learn about fiscal policies, monetary policies and other policies used by the government to solve economic problems of the economy. We will look at how economy changed post Covid19                                               

       


    

Course Overview

Term 1
In Term 1 students learn basic concepts in Economics. From week 3 to week 7 students learn about employment and unemployment and how it affect individual and markets and companies. Factors that affect wages and effect of minimum wages. Types of employment. week 8 students are given an assessment which they can finish by end of the term. 5 credits

Term 2
Term two is about government intervention and about government policy that stabilizes the price rise and inflation. First 7 weeks the topic is taught and then students are given an assessment to complete by end of the term. 6 credits

Term 3
Economic contemporaries issues of the countries are learnt and it will students last assessment. 4 credit assessment. Revision for their external

Semester A
revision for external

Career Pathways

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 14 credits.
Internally Assessed Credits: 14 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91225 v2
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact
Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
A.S. 91228 v2
NZQA Info
Economics 2.7 - Analyse a contemporary economic issue of special interest using economic concepts and models
Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
Credit Summary
Total Credits: 14
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 14
Total Numeracy Credits: 0