« Back to Economics

What is Economics?

Economics isn’t just about money – it’s about people, choices and how we use the resources we have. By studying economics, ākonga learn to think critically about everyday situations – like why prices go up, how jobs are created or what happens when interest rates change. They explore the roles of consumers, producers and government, and how their decisions affect things like income, wellbeing and environment. Economics helps ākonga become smarter decision-makers in their own lives and opens doors to exciting careers in areas like social planning, business, finance and government.

What this course involves

This course gives ākonga the opportunity to explore major economic issues such as economic growth, unemployment, trade and inflation. Ākonga develop the skills to define and measure these and analyse their causes and effects in the context of the New Zealand economy.

Ākonga learn to use and evaluate economic models. The role of the government in the economy and the consequences of government policies are also explored. Ākonga examine the interdependent nature of economies and compare and contrast the varying impacts of economic forces on different groups in society. This gives ākonga a greater understanding of economic events and trends.

Delivery Modes

• * This course is accessed through our online learning environment, My Te Kura.

Recommended prior learning

No prior learning needed.

National qualifications available in this course