SOS305

Level 3 The New Zealand Economic Environment (SOS305)

The course selection for the current academic year is complete. Online course selection is not available.

Course Description

Teacher in Charge: L. Davies

This Social Sciences course has an economics focus looking at the micro-economic concepts underlying the New Zealand economy.  We look at market equilibrium, marginal analysis and the reasons for government intervention in the economy. 

Students have the opportunity to attempt up to 19 credits from this course using economics achievement standards.  Both internal assessments will be completed, along with one of the external assessments which will be determined based on student interest and ability.

This is a University Entrance approved course.


Microeconomics - Overview, Assumptions, Theories


Contributions and Equipment/Stationery

2B8 exercise book
Workbook approx. $30

Recommended Prior Learning

Open entry, but please discuss your suitability with Ms Davies and one of the Co HODs of Social Sciences (Mrs Peszynski, Ms Baird) if you have not completed Level One or Two Economics or Accounting.

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 18 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 10 credits.

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: Y
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0

Assessments:
Term: 1, Week: 4
Term: 1, Week: 7
Term: 1, Week: 10

A.S. 91400 v2
NZQA Info
Economics 3.2 - Demonstrate understanding of the efficiency of different market structures using marginal analysis
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
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: Y
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

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

Level: 3
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 5r *
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 18
Total University Entrance Literacy Credits: 18
TotalNumeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 18

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.