Level 1 Economics
This is the introductory course in economics. It will develop student’s ability to express the three key ideas of demand, supply, and markets, using both written and visual graphs. This will be ideal preparation for students who wish to take economics in the future at Level 2 or Level 3. This will form a solid base that will give more meaning to all other Commerce course such as Accounting, Legal Studies, and Business Studies
What Knowledge Will I Develop?
Economics aims to teach students to understand how consumers, producers and the government interact together. This will be ideal preparation for students who wish to take economics in the future at Level 2 or Level 3. The course starts to build up the new concepts of demand, supply, and how these two influences combine to create a market. Students will also participate in several team activities to explore how producers make decisions and how the different parts of the NZ economy interact together.
How Will The Course Contribute To My Qualification?
|Code||Title||Credits||Internal||External||Core||Optional||L1 Literacy||L1 Numeracy||UE Reading||UE Writing||Date|
|AS90986||Demonstrate understanding of how consumer, producer and government choices affect society, using market equilibrium||5||y||y||30-09-2021|
|AS90988||Demonstrate understanding of the interdependence of sectors of the New Zealand economy||3||y||y||y||19-06-2021|
|AS90985||Demonstrate understanding of producer choices using supply||3||y||y||y||03-07-2021|
|AS90984||Demonstrate understanding of decisions a producer makes about production||5||y||y||01-06-2021|
|AS90983||Demonstrate understanding of consumer choices, using scarcity and/or demand||4||y||y||y||13-03-2021|
Course Related Costs
Subject Combination Notes