13ECO

NCEA Level 3 Economics

Course Description

Teacher in Charge: Mr N. Kumar.

The aim of Year 13 Economics is to enable students to attain a level of economic literacy and understanding which will allow them to develop a continuing and critical interest in contemporary economic issues.

Year 13 Economics provides a stepping stone to many careers, in commerce, humanities, engineering and law. It provides the basis for Stage One Economics at University, giving you a head start in your University career.

             

                                       Economics Graduates

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

                                       Why study Economics?

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



Economics field trip to Wellington—Reserve Bank of New Zealand, The Treasury, Parliament House, The High Court of New Zealand, Statistics New Zealand, Te Papa, Victoria University (Economics and Law Departments)

Course Overview

Term 1
AS91399 3.1
Demonstrate an understanding of the efficiency of market equilibrium
4 credits External





AS91401 3.3
Demonstrate understanding of micro-economic concepts
5 credits Internal

Term 2
AS91402 3.4
Demonstrate an understanding of government interventions to correct market failures
5 credits Internal

Term 3
AS91403 3.5
Demonstrate understanding of macro-economic influences on the New Zealand economy
6 credits External


School exams

Term 4
NCEA Exams

Recommended Prior Learning

*A prerequisite is at least 14 Level 2 credits in Economics.

If students have not studied L2 Economics or Accounting, then they must seek an exemption from the HOD. 

Contributions and Equipment/Stationery

There will also be a cost associated with an OPTIONAL field trip to Wellington of approximately $400, that will assist with end of year examinations
e-Learn economics- online learning platform for all Y13 Economics students ($15 for the whole year)
https://www.elearneconomics.com/
Micro and Macro Level 3 Economics Workbook
Pens, highlighters, 2B8 exercise book, calculator
Laptop (Part of BYOD)

Pathway

Common career paths in economics include:
1.Economist.
2.Financial risk analyst
3.Data analyst.
4.Financial planner.
5.Accountant.
6.Economic researcher.
7.Financial consultant.
8.Investment analyst

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 20
Internal Assessed Credits: 10
External Assessed Credits: 10
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91399 v2
NZQA Info

Economics 3.1 - Demonstrate understanding of the efficiency of market equilibrium


Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91401 v2
NZQA Info

Economics 3.3 - Demonstrate understanding of micro-economic concepts


Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91402 v3
NZQA Info

Economics 3.4 - Demonstrate understanding of government interventions where the market fails to deliver efficient or equitable outcomes


Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
A.S. 91403 v2
NZQA Info

Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy


Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 20
Total Numeracy Credits: 0

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

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.