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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