11COM - Commerce (MCert)

11COM 

Year 11 Commerce                                                                                       MCert

Course Statement:

By studying Year 11 Commerce, students will be equipped with the fundamental skills and insights needed to participate in New Zealand's changing economic and business environments. The course will begin with the basis of economics and business; why and how people as individuals and as groups choose to satisfy their unlimited wants using limited resources. Students will explore the business environment, including types of organisations, business objectives, and stakeholder conflict, financial information and decision making, as well as people in business such as leadership, employee rights, and recruitment methods. The second half of the course will focus on both micro and macro economic concepts, such as demand and supply, government interventions in market failures, and government macroeconomic goals. It will end with a research and presentation project examining the impact of migration on New Zealand’s economy.

Topics Covered:

• The Basis of Economics and Business
• Understanding the Business Environment
• Financial Information and Decisions
• People in Business
• Microeconomic Concepts (Demand, Supply, Market Equilibrium)
• Macroeconomic Concepts (Growth, Inflation, Employment, Trade)
• Government Interventions
• Migration and its Impact on NZ Economy

Leads to:

12ACT: NCEA Level 2 Accounting

12BUS: NCEA Level 2 Business Studies

12ECO: NCEA Level 2 Economics

12BSC: CAIE AS Business Studies

12ECC: CAIE AS Economics