Onehunga High School Onehunga High School

L2 Economics

L2ECO
Subject Description

Teacher in Charge:

Recommended Prior Learning

7 Credits in L1 ECO or 7 Credits in Maths and 7 Credits in English or HOD approval.


Economics is a course that allows you to focus on current economic issues while learning about concepts like inflation, unemployment and equality. Discover how New Zealand interacts with other countries and how this affects the economy and use economic calculations and theoretical models and apply them to the concepts mentioned above. You will begin to understand the New Zealand economy and your place as an active citizen within it. Hear from people who work in business and understand how they impact and are impacted by the economy.

 Pre-requisites: 10 credits in L1BUS or 10 credits in a Social Sciences course, or with LOLA approval. 

Approximate Credits: 19 

Materials Fee: Nil

Optional: Wellington Trip Approximate cost $400


Subject Overview

Term 1
introduction to circular flow model
UNEMPLOYMENT topic

Term 2
INFLATION
INTERNATIONAL TRADE

Term 3
GOVERNMENT POLICIES that influence economic outcomes

Term 4
Revision of Inflation and Trade for NCEA exams

Learning Areas:

Social Sciences


Career Pathways

Actuary, Statistician, Economist, Policy Analyst, Tertiary Lecturer, Valuer