Economics of Choice: NCEA Level 1, 1st edition

This new edition of the highly successful Economics for the Market has been extensively revised to meet the requirements of the updated New Zealand Curriculum (Level 6) and the realigned NCEA Level 1 Achievement Standards. The Economics of Choice will take students on a journey that will lead them to an understanding of how the economy works and what their part is in it.

To the teacher: This book provides complete coverage for a full year’s course of study for Year 11 economics. It is based on the first and second Level 6 Economics achievement objectives of the Social Sciences learning area in The New Zealand Curriculum.

• AO 6.1 Understand how, as a result of scarcity, consumers, producers, and government make choices that affect New Zealand society.
• AO 6.2 Understand how the different sectors of the New Zealand economy are interdependent.

The text covers all the material required for the Level 1 Achievement Standards (see below) and draws from the explanatory notes in the achievement standards, the Teaching and Learning Guide for Economics, and exemplars of assessments for each achievement standards that are available on the tki website.

Achievement Standards 1.1, 1.3 and 1.4 are assessed in a three hour end of year external examination and Achievement Standards 1.2, 1.5 and 1.6 are assessed internally.