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Level 1 Economics

Level 1

Course Code: 1ZECO
Who can I talk to: Mr Hughes

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

Course Information

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
Credits: 20
Does this course provide a pathway to University Entrance? Yes

Entry Requirements

All students welcome.

Course Related Costs

No course costs for students.

Companion Subjects

Accounting and Legal Studies

Subject Combination Notes

Not applicable