3 Economics
3ECO Course DescriptionTeacher in Charge: Mrs S. Nadan.
Recommended Prior LearningTeacher recommendation/HOD approval.
In this course we will develop an understanding of microeconomic concepts, government intervention to correct market failures and efficiency of market equilibrium, Demand and Supply, government Budget and monetary policy and fiscal policy Students will also learn about Inflation and how it effects the economy. There are two internals in this course and one external. This is University Entrance approved subject with with 14 literacy credits.
Out side school learning takes place when students go on a trip to Wellington to learn about interest rate therefore visiting Reserve bank of New Zealand. Tour also include visiting Te Papa Museum, Weta Caves and other new events that is happening in wellington.
Course Overview
Term 1
91401 internal 5 credits
Demonstrate understanding of micro economics concepts
Term 2
91402 5 credits internal
Demonstrate understanding of government interventions where the market fails to deliver efficient and equitable outcomes
Term 3
91399: 4 credits external
demonstrates understanding of the efficiency of market equilibrium
Term 4
revision of external examination
Career Pathways
Secondary School Teacher, Accountant, Auditor, Accounts Officer, Actuary, Office Administrator, Finance Manager, Retail Manager, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Debt Collector, Property Manager, Building Contractor, Buyer, Cafe/Restaurant Manager, Motor Vehicle Salesperson, Insurance Claims Officer, Community Development Worker, Event Manager, Quantity Surveyor, Crop Farmer/Manager, Personal Assistant, Media Producer, Financial Adviser, Health Services Manager, Insurance Adviser, Mortgage Broker, Office Manager, Payroll Officer, Purchasing/Supply Officer, Real Estate Agent, Management Consultant, Orchard Farmer/Manager