Economics Matrix - NCEA
Economics Matrix
|Level 1 |Level 2 |Level 3 |
|AS90983 1.1 |AS91222 2.1 |AS91399 3.1 |
|Demonstrate understanding of consumer choices, using|Analyse inflation using economic concepts and models|Demonstrate understanding of the efficiency of |
|scarcity and/or demand | |market equilibrium |
| | | |
|4 credits External |4 credits External |4 credits External |
|AS90984 1.2 |AS91223 2.2 |AS91400 3.2 |
|Demonstrate understanding of decisions a producer |Analyse international trade using economic concepts |Demonstrate understanding of the efficiency of |
|makes about production |and models |different market structures using marginal |
| | |analysis |
| | | |
|5 credits Internal | |4 credits External |
| |4 credits External | |
|AS90985 1.3 |AS91224 2.3 |AS91401 3.3 |
|Demonstrate understanding of producer choices using |Analyse economic growth using economic concepts and |Demonstrate understanding of micro-economic |
|supply |models |concepts |
| | | |
|3 credits External |4 credits External |5 credits Internal |
|AS90986 1.4 |AS91225 2.4 |AS91402 3.4 |
|Demonstrate understanding of how consumer, producer |Analyse unemployment using economic concepts and |Demonstrate understanding of government |
|and/or government choices affect society, using |models |interventions to correct market failures |
|market equilibrium | | |
| | | |
|5 credits External | |5 credits Internal |
| |4 credits Internal | |
|AS90987 1.5 |AS91226 2.5 |AS91403 3.5 |
|Demonstrate understanding of a government choice |Analyse statistical data relating to two |Demonstrate understanding of macro-economic |
|where affected groups have different viewpoints |contemporary economic issues |influences on the New Zealand economy |
| | | |
|4 credits Internal | | |
| |4 credits Internal |6 credits External |
|AS90988 1.6 |AS91227 2.6 | |
|Demonstrate understanding of the interdependence of |Analyse how government policies and contemporary | |
|sectors of the New Zealand economy |economic issues interact | |
| | | |
|3 credits Internal |6 credits Internal | |
| |AS91228 2.7 | |
| |Analyse a contemporary economic issue of special | |
| |interest using economic concepts and models | |
| | | |
| |4 credits Internal | |
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