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.
External
NZQA Info
Economics 2.1 - Analyse inflation using economic concepts and models
NZQA Info
Economics 2.3 - Analyse economic growth using economic concepts and models
NZQA Info
Economics 2.4 - Analyse unemployment using economic concepts and models
NZQA Info
Economics 2.6 - Analyse how government policies and contemporary economic issues interact
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.