L3 Economics
Course Description
Teacher in Charge: Ms L. Everett.
Economics is the perfect combination of numbers and words, problems, essays, calculations, and interpretations. It is both an art and a science subject. Students will have the opportunity to learn and build microeconomic models which give insights into the real world, and then to critique these models based on their assumptions. There is rarely a right answer in Economics, but any argument put forward must be backed up by quantitative evidence. Students will ultimately enjoy Economics because it allows them to employ and develop analytical and evaluative skills.
Equipment/Stationery and Contributions (indicative only)
EQUIPMENT/STATIONERY:
In addition to a laptop computer and some general stationery, specific items for each course will be confirmed at the beginning of each school year.
As an indication, for this course you are likely to need:
- Basic calculator
CONTRIBUTIONS:
Course Contributions qualify for a tax rebate from IRD:
(https://www.ird.govt.nz/income-tax/income-tax-for-individuals/individual-tax-credits/tax-credits-for-donations/submit-a-donation-receipt).
Description | Type | Value |
---|---|---|
Indicative Course Contribution for resources and materials | Contribution | $55.00 |
$55.00 |
Credit Information (standards listed are indicative only and are subject to change)
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for course endorsement.
This course is approved for University Entrance.
External
NZQA Info
Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium
NZQA Info
Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
NZQA Info
Economics 3.3 - Demonstrate understanding of micro-economic concepts
NZQA Info
Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 18
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Disclaimer
Although we aim to enable every learner to be enrolled in their preferred courses, your selection does not guarantee a course will be available, or that you have approval to take a selected course. Final course confirmation is in January and depends on your final results, and in some cases, class sizes and staff availability.