Economics

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These are the registered numbers and titles for the specified achievement standards that will meet Literacy and/or Numeracy requirements for NCEA from 2011. Where a standard has a 'Y' in the column, achievement of the standard will contribute to that requirement.

Spreadsheet of literacy/numeracy achievement standards.

Registered
No.
Title
Int/Ext
Credits
Literacy
Numeracy

Level 1

         
90983
Demonstrate understanding of consumer choices using scarcity and demand. (1.1)
Ext
4
Y
 
90984
Demonstrate understanding of decisions a producer makes about production. (1.2)
Int
5
Y
 
90985
Demonstrate understanding of producer choices using supply. (1.3)
Ext
3
Y
 
90986
Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium. (1.4)
Ext
5
Y
 
90987
Demonstrate understanding of a government choice where affected groups have different viewpoints. (1.5)
Int
4
Y
 
90988
Demonstrate understanding of the interdependence of sectors of the New Zealand economy. (1.6)
Int
3
Y
 

Level 2

91222
Analyse inflation using economic concepts and models (2.1)
Ext
4
Y
 
91223
Analyse international trade using economic concepts and models (2.2)
Ext
4
Y
 
91224
Analyse economic growth using economic concepts and models (2.3)
Ext
4
Y
 
91225
Analyse unemployment using economic concepts and models (2.4)
Int
4
Y
 
91226
Analyse statistical data relating to contemporary economic issues (2.5)
Int
4
Y
Y
91227
Analyse how government policy and contemporary economic issues interact (2.6)
Int
6
Y
 
91228
Analyse a contemporary economic issue of special interest using economic concepts and models (2.7)
Int
4
Y
 

Level 3

91399
Demonstrate understanding of the efficiency of market equilibrium
EX
4
Y
 
91400
Demonstrate understanding of the efficiency of different market structures using marginal analysis
EX
4
Y
 
91401
Demonstrate understanding of micro-economic concepts
IN
5
Y
 
91402
Demonstrate understanding of government interventions to correct market failures
IN
5
Y
 
91403
Demonstrate understanding of macro-economic influences on the New Zealand economy
EX
6
Y
 
 
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