Level 3 Economics

Internal Credits:  10            External Credits: 4-8

This course will develop and improve economic understanding of a range of social and economic issues. There are three main areas of study. The first is based around resource allocation and the market and will look closely at the concepts of demand and supply, monopolies and market analysis and structures. The second section, allocation via the public sector, enables students to understand the role of government in providing goods and services in the economy. The role of government are studied as they intervene to correct market failure. The third section looks at the New Zealand economy as a whole — its output, its monetary system and its relationship with the rest of the world.

This course provides an excellent foundation for those wishing to study Economics or Business at tertiary level.