Assessment Specifications

Level 1 Economics 2017

General information

Domain

Economics

Mode of Assessment

Written Examination

Standards

90983  90985  90986

Format of the assessment

Each examination will consist of questions requiring written answers and/or sketch diagrams and graphs. For higher levels of achievement, candidates should contextualise their answers, use appropriate economic terminology, and integrate relevant economic graphs to aid explanations.

To assist candidates, questions may be scaffolded. This scaffolding could mean that a question is broken into several parts and/or bullet points.

Equipment to bring

Candidates are advised to bring a ruler to be used when drawing graphs, and a calculator.

Specific information for individual external achievement standards

Standard

90983

Title

Demonstrate understanding of consumer choices, using scarcity and/or demand

Version

3

Number of credits

4



Standard

90985

Title

Demonstrate understanding of producer choices using supply

Version

3

Number of credits

3



Standard

90986

Title

Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium

Version

3

Number of credits

5

Economics subject page 2017 Examination timetable

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