FIELD
SOCIAL SCIENCES
Review of Economics Level 1 achievement standards
90195-90201
Subfield
Economic Theory and Practice
|
Domain |
Id |
Subject
reference |
|
Economics |
90195-90201 |
Economics
1.1-1.7 |
The Ministry of Education and the Secondary
Assessment and Liaison business unit of NZQA have completed a review of the
achievement standards listed above.
New Registration date
November 2007
Date new versions published
November 2007
Planned review date
February 2009
Summary of review and consultation
process
This
review was a part of a planned review cycle. Feedback was received from the secondary
sector and from the moderation and examination systems. National consultation on the achievement
standards has resulted in the following changes.
Main changes resulting from the
review
AS90195
The definition of 'describe' has been
amended to include 'give basic definitions'. The Explanatory Note (EN) outlining
assessment has been split into two notes, one related to choice and one related
to demand. Some other minor wording
changes have been made for clarification purposes.
AS90196
The
achievement criteria have been changed to clarify requirements for each level.
This is further explained in EN 2.
The aspects that may be assessed
are now outlined in ENs 3, 4 and 5.
The title has been changed to better reflect the achievement
criteria.
AS90197
The
achievement criteria have been focussed. Terms are defined in EN 2. The aspects that may be assessed are
listed in EN 3.
AS90198
The
title has been changed and the achievement criteria reworded. Related terms are defined in EN 2. ENs 3 and 4 outline what may be selected
for assessment.
AS90199
The
achievement criteria have been clarified and terms are defined in EN 2. The EN relating to what may be selected
for assessment has been split into two and points clarified. The title has been changed to better
reflect the achievement criteria.
AS90200
The existing wording of this
achievement standard has been kept for this version, with the exception of a
minor change to EN 4 related to the requirements for achievement with
excellence.
AS90201
The
achievement criteria for each level of achievement have been merged. The criterion for achievement with
excellence includes the term 'evaluate' which is defined in EN
2.
Impact on Accreditation and Moderation Action Plan
(AMAP)
None.
Impact on existing
qualifications
None.
Impact of changes on NCEA Exclusions
List
None.
Summary of main changes to achievement
standards' Ids, classification, titles, levels, and
credits
The following summary shows the changes made
to the achievement standards as a result of the review. All changes are in bold.
Key to review
category |
| |
A |
Dates
changed, but no other changes are made - the new version of the standard
carries the same Id and a new version number | |
|
B |
Changes
made, but the overall outcome remains the same - the new version of the
standard carries the same Id and a new version
number | |
|
C |
Major
changes that necessitate the registration of a replacement achievement
standard with a new Id | |
|
D |
Achievement
standard will expire and not be replaced | |
Subfield Economic Theory and Practice
Domains Economics
|
Id |
Title |
Level |
Credit |
Review
Category |
|
90195 |
Describe concepts related to consumer
choice and demand |
1 |
4 |
B |
|
90196 |
Describe producers, production, and resources and their use Describe producers, resources and
production |
1 |
5 |
B |
|
90197 |
Describe the concept of
supply |
1 |
3 |
B |
|
90198 |
Describe the market Describe the market and market
equilibrium |
1 |
5 |
B |
|
90199 |
Describe relationships between sectors of the economy Describe major sectors of the economy and the
relationships between them |
1 |
2 |
B |
|
90200 |
Understand and use the consumer decision-making
model |
1 |
2 |
B |
|
90201 |
Carry out an economic
investigation |
1 |
3 |
B |