Economics Year 10 (Option 2)

10ECO
Course Description

Teacher in Charge: Mr B. Choromanski

Recommended Prior Learning

Open Entry

This subject:
Provides basic knowledge and skills for people to be able to take an effective part in our consumer society.
Leads to NCEA Levels 1 –3 Accounting and Economics



This course aims to
•Demonstrate understanding of how the economic problem arises and how the economic decision is reached
This course builds on what students learnt at Year 9 and concentrates on individual economic decision making and helping individuals develop the skills needed to manage their limited personal means.
This course will allow the student to participate more effectively as consumers and workers in their daily life. These skills and understandings will be further developed as student learn how households behave in a collective way in the economy. Students are exposed to many of the skills and concepts taught at Level 1 NCEA, in both Economics and Accounting.

Course Standards
10ECO001Demonstrate understanding of how the economic problem arises and how the economic decision is reached.
10ECO002Demonstrate understanding of the interdependence of sectors of the New Zealand economy. (AS90988).
10ECO003Demonstrate understanding of the relationship that exists between people as consumers and people who participate in production: Income and Spending.
10ECO004Demonstrate understanding of Economic Management through Saving and Borrowing and avoiding personal financial loss - Insurance.



Learning Areas:

Year 10 Option 2, Commerce



Pathway

Accounting Level 1, Economics Level 1

Career Pathways

Market Research Analyst, Mortgage Broker, Policy Analyst, Tertiary Lecturer, Valuer, Management Consultant, Urban/Regional Planner, Managing Director/Chief Executive, Insurance Claims Officer, Quantity Surveyor, Auditor, Actuary, Finance Manager, Foreign Policy Officer, Economist, Statistician, Financial Adviser, Bank Worker