2ECO

2ECO - Level 2 Economics

Course Description

Teacher in Charge: Matua N. Lineham.

In 2025 Donald Trump aggressively pursued a pathway different to current economic thinking.

Is Trump a genius or an idiot?

You will look at how the New Zealand economy works, the politics, business decisions and the international impacts. Through the study of employment, international trade, inflation, growth and government policies you will develop an understanding of how the economy is interconnected and improvements in one area can cause issues in others. 

The learning in this course is also interconnected and will apply across multiple pieces assessment and discussions.

Students will also complete one Level 3 standard which covers writing credits and will count towards University Entrance in Economics and provides writing credits for UE Literacy. 

Course Overview

Term 1
Getting the language right – you can’t argue if you don’t know what you are talking about
What are economic models and how do we use them to support our thinking
What does the economy look like and how does it work

Term 2
The Cost of Living Crisis what is it, what causes it. How does it impact others, what can the government do about it and how does that impact others

Term 3
Trump says tariffs are the way forward, we say no. Is he really smarter than us?
What do we trade, why
How do exchange rates work and how does events impact them, us, our trade and our other goals
What policies should the government use to solve an issue, and how could this impact other goals

Term 4
Getting exam ready

Recommended Prior Learning

This course develops the skills learnt in any social science course, commerce, geography, social studies or history as well as skills from mathematics, technology and science.

Pathway

Career Pathways

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

This course is eligible for subject endorsement.

Total Credits Available: 24
Internal Assessed Credits: 10
External Assessed Credits: 14
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91222 v2
NZQA Info

Economics 2.1 - Analyse inflation using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91223 v2
NZQA Info

Economics 2.2 - Analyse international trade using economic concepts and models


Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91225 v2
NZQA Info

Economics 2.4 - Analyse unemployment using economic concepts and models


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 4r
Numeracy Credits: 0
A.S. 91227 v2
NZQA Info

Economics 2.6 - Analyse how government policies and contemporary economic issues interact


Level: 2
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r
Numeracy Credits: 0
A.S. 91403 v2
NZQA Info

Economics 3.5 - Demonstrate understanding of macro-economic influences on the New Zealand economy


Level: 3
Internal or External: External
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r,6w *
Numeracy Credits: 0

Assessments:
Term: 4, Week: 5

Credit Summary
Total Credits: 24
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 16
Total Numeracy Credits: 0