12ECO

NCEA Level 2 Economics

Course Description

Teacher in Charge: Mr N. Kumar.

Economics in Year 12 provides a topical study of the New Zealand economy. The course covers the topics of inflation, economic growth, and unemployment, and looks at the role of the Government in the New Zealand economy. The emphasis at this level is more of a national-orientated approach so students gain a more real worldview of economics and its impact on society.

                                                    Inflation

       

                                     Economic Growth

     

                                      Government Policies

   

                                  

                                          Unemployment




Course Overview

Term 1
AS91222 2.1 (external 4 credits)
Analyse inflation using economic concepts and models




AS91225 2.4 (internal 4 credits)
Analyse unemployment using economic concepts and models

Term 2
AS91224 2.3 (external 4 credits)
Analyse economic growth using economic concepts and models


Term 3
AS91227 2.6 (internal 6 credits)
Analyse how government policies and contemporary economic issues interact

Term 4
NCEA Exam = AS 2.1 and 2.3 worth 8 credits. these are externally assessed.
= AS 2.4 and AS 2.6 worth 10 credits are internally assessed.

A total of 18 credits are offered in Level 2 Economics.

Recommended Prior Learning

If students have not studied L1 Economics they must have gained at least 14 Level 1 credits from English.

                Why study Economics? 

https://www.youtube.com/watch?v=KwQbnNzxUHo

               Economics graduates and careers 

https://www.youtube.com/watch?v=8GGc8DEIXbc

               Year 13 Economics go on a field trip to Wellington for two days




Contributions and Equipment/Stationery

1.e-learn economics (an online learning platform for all students taking this subject- $15 for the whole year)
2.Dan Rennie's Workbook on "Inflation" and "Growth"
3.A 2B8 exercise book for class notes and constructing economic models
4.Pens, highlighters, rulers, calculator, a fully charged laptop (must be brought to school daily- part of BYOD)

Pathway

Common career paths in economics include:
Economist.
Financial risk analyst
Data analyst.
Financial planner.
Accountant.
Economic researcher.
Financial consultant.
Investment analyst.

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: 18
Internal Assessed Credits: 10
External Assessed Credits: 8
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. 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: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 10
Total Numeracy Credits: 0

Disclaimer

Rosmini College's timetable is student-driven and a new timetable is generated each year based on student subject selection. Unfortunately, while we do our best to avoid them, timetabling clashes may still occur and a few students may be required to choose an alternative subject option.

The 2025 timetable, including the number of classes in each subject and staffing allocations, is created based on student selections made in 2024. Because of this, changing subjects at the beginning of 2025 may not be possible. Please, make your subject choices carefully.