Level 3 Economics
Economics aims to teach students to understand the core economic concepts . This will be ideal preparation for students who wish to complete an economics degree, star tor run their own business, or wish to work in large government organisations. The course encourages students to discuss ideas collaboratively, and then think about how to apply these concepts to real-life NZ situations and products.
What Knowledge Will I Develop?
Students will learn how to assess whether markets for everyday goods and services in NZ are efficient and the effect of government intervention in these markets. They will investigate markets which are not providng the best for NZ producers and consumers. They will suggest possible steps the government could take to improve how those markets operate. They will evaluate the effect on the efficiency and fairness of those markets. They will study how markets respond to prices and how a demand curve is created. Finally, they will investigate and compare perfectly competitive firms to monopolies to see how they decide how much to produce.
How Will The Course Contribute To My Qualification?
|Code||Title||Credits||Internal||External||Core||Optional||L1 Literacy||L1 Numeracy||UE Reading||UE Writing||Date|
|AS91400||Understand different market structures||4||y||y||30-09-2021|
|AS91401||Understand Microeconomics Concepts||5||y||y||31-07-2021|
|AS91402||Understand Market Failure||5||y||y||22-05-2021|
|AS91399||Understand efficiency of market equilibrium||4||y||y||y||30-03-2021|
Course Related Costs
Subject Combination Notes