13ECO - Economics - NCEA Level 3
Subject Description
Teacher in Charge: Miss S. Lal, Ms M. Monsen.
13 Economics - NCEA Level 3
Course Statement | Level 3 Economics involves the study of both micro and macro-economics. Students gain skills to analyse markets in detail to explain their efficiency. They will also understand that markets may not always provide an efficient and equitable or fair outcome so the government may need to intervene. |
Topics Covered | • The behaviour of consumers and producers • The market (including supply, demand, and allocative efficiency) • Government intervention in the market • Aggregate economic activity (including government policy to control the economy) |
Course prerequisites
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject 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 3.3 - 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
NZQA Info
Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 20
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
All subjects for 2025 are subject to numbers and staff.