12ECO

12ECO - Economics - NCEA Level 2

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Subject Description

Teacher in Charge: Miss S. Lal, Ms M. Monsen.

12 Economics -NCEA Level 2


Course StatementThe course begins with an introduction to key economic concepts and models before discussing major economic issues within the context of both the New Zealand and global economies.  It  aims to give students useful insight into the issues listed below that affect the people of New Zealand.  These issues result from the interaction of market forces in various market situations.
Topics Covered:

  • Inflation

  • Unemployment

  • International Trade

  • Economic Growth

  • Government Policies   


Student Voice12 ECO Student Voice







1 - NCEA Courses Level 2 and 3 Commerce Courses

Course prerequisites

NCEA Entry requirements 2025

Pathway

Course Skills

Reading, Comprehension and Writing

Computational

Communication and Collaboration

Problem Solving and Analysis

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.

Total Credits Available: 22
Internal Assessed Credits: 10
External Assessed Credits: 12
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info

Economics 2.1 - Analyse inflation using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info

Economics 2.2 - Analyse international trade using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91224 v2
NZQA Info

Economics 2.3 - Analyse economic growth using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info

Economics 2.4 - Analyse unemployment using economic concepts and models


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info

Economics 2.6 - Analyse how government policies and contemporary economic issues interact


Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0
0
0
2
6
0
0
 Construction & Infrastructure
 Manufacturing & Technology
 Primary Industries
 Services Industries
 Social & Community Services
 Creative Industries

Disclaimer

All subjects for 2025 are subject to numbers and staff.

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